Payment processing

As wearable computing transitions from fantasy to fashion, developers are starting to consider the distinct risks that arise when payments migrate away from smartphones.

Verifone has appointed former Oracle executive Christophe Job as a senior vice-president and chief technology officer in charge of global solutions delivery.

Fifth Third Bancorp in Cincinnati plans to record a large fourth-quarter gain after selling shares in payment processor Vantiv.

Merchants today face the daunting task of investing in several payment technology upgrades at once, and the confusion surrounding this process could bolster many pre-existing security vulnerabilities, argues point of sale security expert Chris Strand.

Paychex in Rochester, N.Y., has entered an agreement to acquire Advance Partners in Cleveland.

Innovation and flexibility aren’t attributes often associated with public transportation. But by deploying cutting edge open payment ticketing technologies, transit operators can give their customers greater flexibility and create a more engaging transit network.

IPayment Inc., a payments processor for more than 150,000 U.S. merchants, is exploring options including a sale that could value the company at as much as $1 billion, people with knowledge of the matter said.

The introduction of EMV cards didn't significantly slow transaction times at U.S. retailers during the Black Friday shopping event, but there are still many wrinkles to iron out at the point of sale.

The holidays are approaching, and mobile is going to play a bigger role in e-commerce than ever before. Last year, mobile holiday shopping traffic surpassed desktop for the first time and retailers are expecting even higher mobile traffic this year.

ShopKeep's most recent survey of its 20,000 merchant clients shows two mobile payment trends at odds with one another.