Technology

A new version of Point-to-Point Encryption (P2PE) guidelines to be published by the PCI Council today will allow retailers—for the first time—to be able to create and seek certification for their own P2PE system, addressing a longstanding retailer concern about the earlier rules locking them into certain vendor relationships.

NCR Corp. will support its mobile cash withdrawal service through China's Bank of Ningbo's mobile app.

Nearly a third of U.S. smartphone users owned or planned to purchase a wearable device in the next 12 months. Among this group, 82% wanted them to enhance their in-store experience and 22% specifically wanted them to provide touchless, one-click payments. The bottom line: financial services companies have a lot of work ahead to meet consumer expectations.

In an effort to appeal to more businesses by helping them manage their employees, Square has launched Square Payroll.

First launched as a method for tracking vehicles during manufacturing in 1994, the humble QR code has become instantly recognisable for most consumers as a marketing tool.

Payment technology provider Cayan says it has become one of fewer than 20 American companies to earn Level 2 EMV certification from standards governing body EMVCo.

Demand for automobile debt in the U.S. is enabling lenders to make longer loans to people with spotty credit, stoking concern that car shoppers are being lulled into debt loads they won't be able to sustain.

Just as the Apple Watch prepares to land in the U.K., Barclaycard is launching three new high-tech accessories of its own — and borrowing Apple's practice of attaching a higher-than-average price tag to its wares.

Retailers increasingly prefer software to execute fast point of sale updates, leading longtime hardware provider NCR to use a centralized digital hub to help merchants avoid the cost and time of 'rip and replace' projects.

Vending machine payments company PayRange has raised $12 million in Series A funding led by Matrix Partners to help the company extend deployment of cashless transaction hardware.