Point-of-sale

Alternative finance provider CAN Capital is offering its payments industry partners a digital platform to give merchant clients a fast application process for funds.

London has ended cash payments for city buses, leaving the transit system's Oyster and other contactless cards as the methods to pay fares.

Seamless' international expansion plans have gotten a boost via a deal with the Finnish sporting goods chain store Top-Sport.

Bindo wants to combine its cloud-based iPad point of sale product with an online marketplace, similar to how Square's iPad system links merchants to Square Marketplace. This hybrid approach is meant to make Bindo more appealing to local merchants.

Ingenico Group, a French maker of payment terminals, said it's in exclusive talks to acquire GlobalCollect in a deal valuing the target at 820 million euros ($1.1 billion).

Revel has added a dashboard for Yelp and Foursquare to its point of sale tablet, giving businesses a way to respond immediately to any complaints or praise posted to social media.

SCVNGR's LevelUp, which is not content to listen only to its merchant clients, is once again giving consumers a voice in evaluating its mobile payments experience.

First Data is under pressure on a several fronts. While tasked with easing its debt, the Atlanta-based processor is also responding to the many disruptions brought by mobile technology and other innovations.

Oracle Corp. agreed to buy Micros Systems Inc. for $5.3 billion as Chief Executive Officer Larry Ellison seeks to reignite slowing growth by adding software for hotels and restaurants.

Vend will integrate its payment system with QuickBooks Online, making it the second point of sale company this week (along with Flint) to tout a link to Intuit's accounting software.

An issuer's decision to deploy EMV chip-and-signature credit cards in the U.S., rather than the chip-and-PIN model common in other countries, has as much to do with technology constraints as it does with Americans' reluctance to using a PIN.

Vantiv has completed its acquisition of Mercury Payment Systems.

Mobile POS (mPOS) at retail delivers numerous benefits, including line-busting, managing showrooming, stimulating add-on sales and ordering out-of-stock items. Plus, mobile devices equip associates to run customer loyalty programs, manage inventory and change prices—all from the palm of their hand.

Merchants are likely to find the final sprint to meet the U.S. EMV liability-shift deadline is a tougher task for them than it is for card issuers.

Tax compliance provider Avalara has made many connections within the payments industry to respond to merchant demand for built-in tax reporting functions at the point of sale.

Israeli contactless payment technology provider On Track Innovations (oti) is expanding its reach to enable self-service payments on several fronts.

Financial institutions remain positioned well to forge deep relationships with business clients seeking help in navigating the challenges of emerging payments technology and risks, says Capital One's Jim Gifas.

Wearable payments will be one of the ways bank customers do transactions in the future.

The next decade could be the most transformational period the financial services industry has ever seen, and new payments technology such as digital wallets can help institutions compete in the years ahead, says American Express' Dan Schulman.

VeriFone's second quarter revenue increases signal the company is heading in the direction CEO Paul Galant envisioned when becoming the head of the terminal maker in October 2013.