ISO & Agent

ValueAct Capital Management has amassed a stake in American Express Co., people with knowledge of the matter said, as the activist fund considers pursuing shareholder-friendly changes at the credit-card issuer.

First Data and TruBeacon have been selected to provide point of sale technology and business-management software for Scooter's Coffee, an Omaha, Neb., chain.

Target is deploying Bluetooth beacons to offer time-sensitive deals and product recommendations to shoppers in its stores, and it has more ambitious plans for the technology later in the year.

With the EMV-chip card deadline just two months away, Mercury Payment Systems is emphasizing security by providing a reason for its partners to engage in more education and become certified as compliant with the Payment Card Industry data security standard.

The issues tied to its MoneyPak reload cards continue to plague Green Dot Corp., despite the prepaid card issuer's decision to discontinue the product back in 2014.

Indian e-commerce company Snapdeal.com is raising about $500 million from investors led by Alibaba Group Holding Ltd., according to people familiar with the matter.

The mobile point of sale market already seems overcrowded, but what's out there now is just a taste of what's to come, according to 451 Research.

Switzerland's Migros is the country's largest retailer and employer, as well as the owner of a prominent local bank, giving the company an unconventional perspective on the costs and benefits of mobile payments.

Particularly in the fast-food industry, the menu of mobile capabilities is more super-sized than ever — and it's one of the rare payments trends that's actually being driven by the consumer.

American Express and Best Buy will allow consumers to make purchases on the retailer’s website using the reward points earned from their Amex spending.

Total System Services (TSYS), in partnership with commercial software provider Acquirer Systems, has launched a new EMV certification service.

PayPal has added new features to its invoicing product in a market filled with rivals that are similarly diversifying their services to lure small businesses.

More than a third of small-business owners won't accept EMV chip cards by Oct. 1 — and don't plan to do so any time in the future – but they may change their minds if the decision costs them as little as $100 in fraud losses.

Capify, a New York-based global alternative financing company, has landed a partnership with e-commerce giant Alibaba to provide cash advances and loans to small and mid-sized businesses in Australia.

Nearly a year to the date since he left his role as CEO of NetSpend, Dan Henry may have found the new "aha moment in payments" he said he would seek as the next chapter in his career.

The problem with basing a mobile point of sale system on Apple products is the merchant invariably pays Apple prices. E-Nabler aims to demonstrate that the same capabilities can be had on Android tablets and smartphones for at least half the price.

Spain's largest bank, CaixaBank, has entered a payments joint venture with Global Payments and the Erste Group Bank for transactions in Czech Republic, Slovakia and Romania.

Starbucks and American Express are both using cross-merchant rewards to boost their own volume, but with a very different philosophy driving each company's program.

After almost three years in development, the retail industry's answer to Apple Pay is finally getting off the ground.

American Express' OptBlue program has added 700,000 small merchants in the past 14 months, wooed by the promise of better fees for Amex acceptance. But it's still too early to declare the program a success.