Cards

NCR Corp. announced Feb. 6 that it has closed its purchase of Retalix Ltd., a retail software provider.

A café chain in northern New England is telling its customers that hackers may have breached the company’s payments system. The Works Bakery Café is a small target but its experience is indicative of a bigger trend in data security.

The Europay, MasterCard and Visa (EMV) and Single Euro Payments Area (SEPA) standards don't appear to have a lot in common, but there is one alarming similarity — the tortoise-like pace of migration which threatens deadlines for both.

While Facebook is moving to phase out its Facebook Credits, Amazon.com Inc. announced the launch of Amazon Coins, a very similar virtual currency for spending on its Kindle Fire tablet.

What did mobile wallets look like before Apple and its peers invented the consumer smartphone market and launched App Stores to distribute systems like Passbook, Isis and Google Wallet?

Payments associations and organizations applauded Visa Inc.'s Feb. 4 move to address one of the most nagging EMV smart-card migration issues in the U.S., but they are not ready to say all their problems have been solved.

Amazon.com Inc. today announced plans for Amazon Coins, a virtual currency for its Kindle Fire tablet.

Facebook is further dipping its toe into physical payments and launching a new, branded gift card for its users. The closed-loop card is redeemable at several national retailers.

VeriFone Systems Inc. said Chief Executive Officer Douglas Bergeron’s trading was the subject of inquiries by the U.S. Attorney and Securities and Exchange Commission, which ended their probes without action.

To give banks a competitive edge over companies like PayPal, Apple and Google Wallet, two-year-old Sionic Mobile released its mobile commerce platform to financial institutions today.

MasterCard Inc. is working with The Center for Financial Inclusion at Accion to launch a research initiative, Mapping the Invisible Market, with an interactive website as part of the Financial Inclusion 2020 initiative.

VeriFone announced Monday the appointment of a new chief financial officer. Marc E. Rothman, a former chief financial officer at Motorola, is becoming an executive vice president at VeriFone and its CFO. He will succeed Robert Dykes, 63, who will retire from his post at the end of the month.

Visa Inc. contravened Australia's consumer protection laws by preventing buyers from using a currency of their choice when shopping, the country's competition regulator said.

Visa Inc. says its EMV chip technology will be available to create a common code for debit transactions to allow merchants to choose networks as mandated by federal law — a move that could address a key obstacle in the U.S.

The prepaid card provider Plastyc Inc. has added a mobile remote deposit capture feature that provides instant access to funds.

As Loylogic traverses the world looking for more than just a single partner for its rewards redemption app, it's attempting to sweeten the user experience by reducing the amount of navigation needed at the point of sale.

It's shopping season in the payments industry. Just last month, Ingenico, ACI Worldwide and Fidelity National Information Services announced separate acquisitions. Many other companies have bought their peers in recent months.

Visa Inc. has featured the San Francisco 49ers all season in a humorous TV commercial based on a fanatic 49ers fan somehow making his way into the team locker room to deliver a fiery pep talk.

The portion of the population that relies heavily on cash is seeing new ways to use more mainstream financial services, including methods to better load cash onto stored-value cards.

Western Union is expanding its relationship with MasterCard on two fronts, by focusing narrowly on tax preparation stores with a prepaid card and expanding its remittance program in Latin America.