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Visa is adding electronic capabilities to its Visa Offers rewards program, leveraging online and mobile technology to bring offers closer to the point of sale.
May 13 -
Amazon launched its virtual currency, Amazon Coins, giving all U.S. Kindle Fire tablet owners $5 worth of free coins in their Amazon accounts and discounts for purchasing more in bulk.
May 13 -
Simon Haslam is becoming president and CEO of Elavon at a time of extreme stress for payments processors, which face nimble competitors, new payment standards and high-profile security risks.
May 13 -
NorsePayments wants to make it harder for card thieves to perform fraudulent card-not-present transactions.
May 10 -
Newtek Business Services, a New York-based national super-ISO, intends to expand its stable of 10 or so active independent sales organizations to as many as 250.
May 10 -
Through a partnership with Bitcoin payment processor BitPay Inc., Gyft now accepts bitcoins for its mobile gift card product. This extends the virtual currency's reach to more than 50,000 retail locations.
May 9 -
Executives from Citigroup, Goldman Sachs and ING U.S. were among the honorees at an annual awards ceremony hosted by Legal Momentum, a women's legal defense and education fund.
May 9 -
Southwest Airlines, Pacific Convenience & Fuels LLC, RaceTrac and Brinker International Inc. have joined the retailer-driven effort to establish a mobile wallet for merchants and consumers, the Irving, Texas-based MCX announced May 9. Brinker is the parent company of Chili’s Grill & Bar and Maggiano’s Little Italy.
May 9 -
Anti-secrecy website WikiLeaks can again accept credit card donations after Valitor hf, the Icelandic partner of MasterCard Inc. and Visa Europe Ltd., began processing payments after losing a court case.
May 9 -
Advantage Refreshments knows its vending machines look just like those operated by rivals, so it's trying to attract repeat business with a loyalty program from payments hardware maker USA Technologies.
May 9 -
Koupah, which is providing a new point of sale card acceptance tablet, aims to offset credit card transaction fees with ads.
May 9 -
Osama Bedier, Google’s vice president of wallet and payments, is leaving Google.
May 8 -
CardFlight aims to make in-person purchases easier by enabling merchants to accept swiped card payments within their own mobile apps.
May 8 -
U.K. retail giant Marks & Spencer is claiming big results in emerging payments technology.
May 8 -
Simplee uses a personal financial management-style system with payment capabilities to help healthcare providers cut costs by making bill payments more straightforward.
May 8 -
If they haven't already, retailers should begin getting a clearer picture of how to deploy a mobile wallet and loyalty program to their customers.
May 8 -
Revel Systems Inc. is launching a system that adds security to swiped card payments by displaying the accountholder's photo on its iPad-based point of sale terminal.
May 7 -
Two payments technology veterans are working on a mobile wallet that would not require changes to the hardware and software at the point of sale.
May 6 -
Discover Financial Services and Network International, a Middle Eastern payment provider, have formed a strategic alliance to allow cross border card acceptance.
May 6 -
Ed Labry, who served as First Data's interim CEO before the payments processor chose Frank Bisignano for the top job on April 28, has been named vice chairman.
May 6



