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Revel Systems is now delivering its iPad-based point-of-sale products into larger retail settings — and intends to make a push for equipping major retailers early next year.
November 20 -
Hurricane Sandy is likely to stir up credit card delinquencies in the next month or so, but performance remained strong in the batch of recent reports.
November 19 -
When Total System Services Inc. closes its deal in the next month to acquire ProPay and its various payments services, the payment processor will have a new "Square-like" look and feel to ramp up its merchant acquiring business.
November 19 -
It's common to accuse the payments industry of living in the past, relying on aging systems like paper checks and magnetic-stripe cards. But the future holds some very intriguing changes and in many cases, its already here.
November 16 -
Flint Mobile announced today that its mobile card-acceptance app is available to on Apple's app store.
November 16 -
SCVNGR's LevelUp is targeting a broader audience for its mobile-payment system by working with the prepaid card marketer NetSpend. The partnership represents new territory for both companies.
November 16 -
Junk food and beer are staples at every sports game, and the KFC Yum! Center in Louisville, Ky., is adding another one: mobile payments with SCVNGR's LevelUp.
November 16 -
Ingenico SA, a French provider of payment terminals and services, is seeking takeovers to expand outside Europe, said Chief Executive Officer Philippe Lazare.
November 15 -
As preparations continue for the migration to the EMV chip-card standard in the United States, payments companies must ensure that point of sale terminals are compatible with both card networks’ standards and the myriad card issuers on those networks.
November 15 -
Mobile apps from Starbucks and Dunkin’ Donuts may prove useful for on-the-go coffee guzzlers, but their approach may not translate well to other retail environments. A few companies are taking a different approach to modernizing payments for sit-down restaurants and other merchants.
November 15 -
Chase Card Services eliminated the expiration for the cash back rewards that it offers on five credit cards it markets to members of the U.S. military.
November 14 -
In an effort to foster innovation, the Consumer Financial Protection Bureau is launching a data driven initiative that will intially involve several financial-services startups.
November 14 -
Powa Technologies, Europe’s answer to Jack Dorsey’s Square, is considering an initial public offering after its U.S. competitor raised $200 million from investors including Starbucks.
November 14 -
Citigroup is offering price-conscious shoppers a new way to save – by promising partial refunds on certain credit card purchases if it can find a better deal.
November 14 -
Bitcoin enthusiasts, playing off the holiday tradition of Black Friday sales, held their own Bitcoin Friday last week, leading to a spike in Bitcoin transactions at some — but not all — participating merchants.
November 14 -
Visa Inc. continues to bolster its V.me digital wallet service, announcing that 50 more banks and credit unions will adopt the service.
November 13 -
Bank of America is launching a Square-like card-swiping device for smartphones called Mobile Pay on Demand. The service will be marketed through B of A’s Atlanta-based joint venture with First Data, Bank of America Merchant Services.
November 13 -
Small retailers still aren’t catching on to the Payment Card Industry data security standards, according to recent survey results.
November 13 -
Expanding its partnership with ChinaPay, Western Union is allowing institutions of higher education and universities to accept student fees and international tuition in the Chinese Renminbi.
November 12 -
Discover Financial Services’ Pulse PIN-debit network has joined the card brand’s EMV migration timetable, establishing requirements for point-of-sale acquirers and processors to handle smart-card payments.
November 12






