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The Target Corp. data breach just before the holiday shopping season triggered another round of rhetoric on the merits and shortcomings of chip-based cards. But the breach's direct effect on merchant EMV plans is largely up in the air.
January 6 -
Taiwan's Financial Supervisory Commission is barring Bitcoin ATMs because the country's regulatory body views Bitcoin as a false currency that should not be used by people or banks for payments.
January 6 -
Consumers demand far more flexibility from their card reward programs and some banks are getting creative about delivering it.
January 6 -
Mobile payments company I Love Velvet plans to win the business of international merchants by combining its mobile point of sale offering with broader e-commerce and security compliance tools.
January 6 -
Cloud-based wallets, QR code wallets and other software-based wallets seem to be shoving Near Field Communication hardware out of the spotlight. But reports of the death of NFC, which enables contactless payments from many mobile devices, have been greatly exaggerated.
January 3
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DoubleBeam, a white-label payments provider, has started the New Year working to fix a bug that crashed the reporting server used by GoPago, which DoubleBeam purchased last month.
January 3 -
E-commerce technology provider Shopify has launched a redesigned version of its iOS mobile app, adding features designed to enable store management and mobile payments.
January 3 -
A lawsuit filed by West Virginia Attorney General Patrick Morrisey's office against Nevada debt settlement company Legal Helpers Debt Resolution alleges the firm collected advance fees from customers but provided no services or help.
January 3 -
A U.S. district court has temporarily shut down a telemarketing operation that allegedly targeted Hispanic consumers with false promises that they could make money by reselling high-end goods such as Gucci and Ralph Lauren, and then charged them between $400 and $490 upfront for off-brand products.
January 3 -
The processor Global Payments Inc. now allows merchants to accept donations at the point of sale through an agreement with Digital Processing Solutions.
January 2
