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The United States has long resisted adopting the EMV smart-card standard to replace magnetic-stripe credit and debit cards. But the card networks report success in the years-long push to modernize plastic payments.
April 5
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Milan-based mobile point-of-sale startup Jusp has secured $6 million in an initial round of funding for its chip-and-PIN mobile card reader, which it plans to launch in Italy.
April 5 -
PXT Payments, which operates the mobile payments and rewards app "looped in," is partnering with Boston College-based startup Jebbit for a student-focused marketing program that combines mobile payments and gaming.
April 5 -
Seattle-based iKaaz LLC figures the best way to make contactless Near Field Communication payments truly mobile is to create a reader that turns mobile phones into point of sale terminals.
April 5 -
The Canadian government has hired BMO to provide integrated travel and expense management services, in partnership with MasterCard and corporate services provider HRG.
April 5 -
Signature Card Services, a Los Angeles-based independent sales organization, is making sure its sales agents and merchants understand the benefits of EMV chip cards.
April 4 -
Lawyers representing retail trade organizations in the class action over card swipe fees are preparing "a strong response" to allegations that they are misleading in how they urge their members to oppose the proposed settlement in the eight-year-long case.
April 3 -
The person VeriFone's board of directors chooses as its next CEO must move quickly to address the myriad challenges facing the point of sale terminal maker. But opportunities abound that make the company's revival a worthwhile undertaking.
April 3 -
Online merchants reacted to Visa's creation of 3D Secure to protect card-not-present transactions more than a decade ago with a resounding thud. But the software has become a viable option to protect card data online, according to a new report from Aite Group.
April 2 -
The organizers of a brand new Dallas-based acquiring and processing company called Anovia Payments plan to operate in 23 countries by the end of next year.
April 1
