POS and Retail

It's an important pivot point for the industry — consumer trust is threatened by a steady flow of data breaches, and consumers are divided on whether they want to stick with plastic or move on to mobile and wearable payments.

The correct strategy needs to be built around the mindset that the attackers might eventually succeed, and that with the right tools, the breach can be detected early, the extent of it can be controlled, and the attack can be stopped before a lot of damage is inflicted, writes Engin Kirda, a professor of computer science at Northeastern University.

Welcoming automation into our industry with less friction and fear happens when we understand its overwhelming benefit to our futures and the quality of our work, writes Lauren Ruef, a research analyst for Nvoicepay.

Instead of expanding Alipay’s geographic reach across the U.S. and Canada, Alipay is doubling down on merchant acceptance in urban areas and tourist zones to drive more spending volume.

Millennials view the ATM as central to how they manage their money and go about their daily lives, writes Yonas Marcos, president and CEO of Star Financial Services.

When EMV chip cards were launched in the U.S., the initial fear in the security and payment industries was that fraud would migrate to e-commerce. But the migration has actually moved further along to the more lucrative venue of real-time Fed-mandated ACH payments.

Blockchain's decentralized model can help avoid the "insiders-only" tendencies of centralized markets while distributing risk, contends Donika Kraeva, strategic communications manager at Dentacoin.

The restaurant technology is a category-specific move that mirrors a broader strategy at Square, which has spent hundreds of millions of dollars in the past few months to round out its merchant services products.

There are merchants that accept bitcoin. But it's still hard to pay with cryptocurrency, and that's holding it back as a payment option.

This deal is the fifth investment for Gulf Capital in the technology sector and is part of its efforts to develop the payment and digital financial transaction sector in the area.

Microsoft will use the Stripe Connect platform to enable hundreds of millions of Outlook users to immediately pay invoices and bills received via email in more than 135 countries.

Often touted as Africa’s answer to online retail giant Amazon, Jumia wants tenfold growth in revenue from Egypt and sixfold growth in the number of products offered on its platform to 12 million by 2021.

Only through data can issuers create a superior digital customer experience and provide strategic guidance to help on-the-go customers, writes Lisa Woodley, vice president of FSI customer experience for NTT Data Services.

A challenge for governments and banks in emerging countries is persuading consumers and small businesses to move from the informal cash economy to electronic payments. A project in Peru may be the answer.

There are lot of PINless debit transactions available to capture, and First Data's migration to dual messaging on Star supports any method a consumer may choose at the point of sale.

Payment collections will never be easy, but the availability of so much data and the means to make meaningful sense out of it with AI and advanced analytics is helping collections firms be more efficient and smart about their interactions, writes Scott Kendrick, vice president of marketing at CallMiner.

Amazon and Walmart are battling to build an e-commerce presence in India, making Flipkart a key target for an aquisition.

Visa and Mastercard's "single button" for online payments seems like it would most directly threaten PayPal, but the card networks' campaign puts just as much pressure on Amazon's omnichannel push.

Amazon is offering to pass its discount along to at least some smaller merchants if they agree to embrace its Amazon Pay service.

Amazon is trying to acquire Indian e-commerce giant Flipkart, in part to gain control over that country's e-commerce market and in part to make sure Walmart doesn't get hold of the company.