Payments

In the crowded mobile point of sale market, One Step Retail Solutions is making a name for itself by providing its Teamwork Retail software to rap artist Jay-Z for his Rocawear clothing stores.

India's consumers have everything they need to move away from cash—they're just waiting for the right catalyst, according to Visa's Sam Shawki.

NORTH HIGHLANDS, Calif. – Another credit union in the Sacramento, Calif. market reports that it, too, has been affected by a cards breach at Raleys Supermarket chain.

Merchant Customer Exchange, a mobile wallet initiative that involves more than 50 retailers, is coming into focus. Though the one-year-old MCX has yet to release a product, it has attracted key people and partnerships that demonstrate to the payments industry that it is a serious contender.

Davis and Henderson's planned $1.2 billion acquisition of Harland Financial Solutions marks the Canadian technology developer's biggest push into the U.S. market and its first foray into payments processing.

Onebip, a mobile bill payment company owned by Neomobile, launched an IP billing system in Turkey, allowing consumers to pay for online purchases through their broadband bill.

SANTA ROSA, Calif. – Redwood CU has cancelled 18,400 debit cards in the face of an apparent hacking into the database of Raley’s supermarket chain that has led to fraud on as many as 200 of its member accounts.

Viableware wants to differentiate its restaurant payment system by targeting high-end establishments with technology that doesn't erase the personal interaction between patrons and staff.

Credit and debit cards are transitioning over to the EMV standard at U.S. FIs, but one person called EMV a solution to a problem that doesn’t actually exist in the industry.

Global Payments Inc. executives highlighted its strategic partnerships with PayPal Here in the U.K. and CaixaBank in Brazil as vital to its business in the coming year.

Payroll card provider ADP is updating its technology to provide greater visibility into users' financial health at a time when payroll cards face fresh scrutiny over costs to users.

After forging new partnerships, MoneyGram International Inc.'s revenue rose 11%, to $365.1 million, in the second quarter from a year earlier.

The Dunkin' Donuts mobile payment app is "a continuing driver of sales" for the company, as more than 3 million customers have downloaded the app through the second quarter of 2013.

Vantiv's deal to buy Element Payment Services, combined with its purchase of Litle & Co. this year, accelerate the payment processor's move toward providing e-commerce and broader merchant services.

To combat the billions of dollars consumers lose in “gray charges,” or charges they are misled into paying, BillGuard has released an iOS mobile app.

Capital One Financial Corp. saw charge-off rates for its domestic credit card business fall to the lowest mark since the bank acquired HSBC's card business last year.

Fortumo Ltd., which provides mobile payments through carrier phone bills, has entered agreements with China Unicom and China Telecom.

Groupon has modified its Breadcrumb POS mobile payments app to allow it to handle payments even when the wireless signal cuts out. It was no easy feat.

Visa CEO Charlie Scharf responded to the retailer-backed Merchant Customer Exchange (MCX)'s recent moves in mobile payments by pointing to the growth of Visa's V.me digital wallet, its penetration among merchants, and the fact that MCX's wallet still hasn't launched.

Mobile wallet provider Lemon Inc. has begun providing the payment function that had been missing from its mobile wallet.