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Banks providing cash back on transactions as an incentive for credit card use have a better chance of seeing their account become the "top of wallet" card, a new Auriemma Consulting Group report says.
June 14 -
ShopKeep POS is adding credit card acceptance through PayPal at a 2.7% per-transaction fee, which it says is competitive with other processing options.
June 14 -
American Airlines parent company AMR Corp. intends to continue its affinity credit card relationship with Citibank, according to its revised plan to emerge from bankruptcy and merge with US Airways.
June 13 -
Square Inc. has redesigned its mobile payment app, displaying its merchants as thumbnail images instead of as a list and placing a greater emphasis on discounts and loyalty.
June 13 -
Corduro has added technology to its PayMobile app to locate and attract nearby customers when a merchant's business is slow.
June 13 -
Visa Inc. and Ethoca Ltd. have partnered in an effort to thwart online payment fraud attempts, which they expect to increase as the U.S. shifts to the EMV-chip card standard at the point of sale.
June 12 -
Discover Financial Services' arrangement to facilitate in-store PayPal transactions across its network stands to serve as the biggest expansion of its ongoing strategy to serve as a multifaceted utility throughout the payments ecosystem.
June 12 -
PayAnywhere will provide mobile credit card processing to Camp Masters, the popcorn brand sold by the Boy Scouts of America for fundraising.
June 11 -
Chirpify, which handles payments over social media, is launching a direct payment processing option, overcoming its reliance on PayPals service.
June 11 -
Consumers today are social media addicts, and Getonic is aiming to use their Facebook and Twitter habits to the advantage of online merchants.
June 11 -
Apple's one nod to payments during its keynote address at this year's Worldwide Developers Conference is its plan to store users' credit card info in a new iCloud keychain for online shopping.
June 10 -
The National Security Agency's PRISM surveillance program has sparked a major outcry over phone monitoring, but the less-publicized government accumulation of credit card and other payments data can provide far more granular intelligence, according to payments experts.
June 10 -
Microsoft confirmed that the company will eliminate Microsoft Points, its digital currency, in favor of pricing digital content in local currencies.
June 10 -
MasterCard will make the card network's Expert Monitoring Fraud Scoring for Merchants available to Kount's merchant clients.
June 10 -
Manufacturers of PIN entry devices have received updated Payment Card Industry security requirements.
June 10 -
American Express and ShopRunner are promoting a system designed to mitigate online 'cart abandonment' as more e-commerce moves to mobile devices.
June 10 -
Leading into Apple's annual Worldwide Developers Conference, starting Monday in San Francisco, a patent application surfaced that provides fresh details on Apple's approach to mobile payments.
June 7 -
Though Apple doesn't have a dedicated mobile wallet, its plans for mobile payments are at least as old as the iPhone itself. Here is a rundown of the many ideas Apple has explored in its mobile payment patents.
June 7 -
EVO Payments International LLC has completed its acquisition of Deutsche Card Services, which was a subsidiary of Deutsche Bank.
June 7 -
Three years ago, Visa executives told investors that one of their goals was to enter new businesses, but Visa CEO Charlie Scharf, who joined the company in October, says that is no longer the case.
June 6






