POS and Retail

Splitit has partnered with Magento, the open-source e-commerce platform, enabling merchants to integrate Splitit’s monthly credit payment option into their checkout processes.

Amazon is lending its considerable brand and heft to a cash payment model that borrows a vital piece of real estate from Apple Pay.

Adoption is increasing, but most consumers would stop using the technology if they suffered a security incident

Artificial intelligence is steadily making its way through the payments and financial services world. The technology's usefulness for fraud detection is clear, but there are other areas where AI can have an impact.

It's well accepted that the earliest version of 3-D Secure was off-putting to merchants and consumers who didn't like how it added friction to the checkout process in the interest of online security. The new version of 3-D Secure wants to avoid the same pitfall, and merchants are cautiously optimistic.

Business still use lots of checks for payments. That may have worked in the past, but it likely won't work in an increasingly digital future.

As merchants seek out better ways to defend themselves from rampant online fraud, some are pinning their hopes on a recent upgrade to the card brands’ 3-D Secure Authentication technology.

The U.S. Supreme Court ordered closer scrutiny of a New York law that bars merchants from imposing surcharges on credit card purchases, giving a group of retailers a partial victory by saying the measure might violate their free-speech rights.

U.S. restaurants' EMV migration has lagged behind other retail categories for several reasons, including the hassles of replacing centralized payment systems with pay-at-the-table routines that chip cards often require. But another reason: Restaurateurs have other priorities.

Square Inc. is rolling out mobile payment services in the U.K., marking its biggest global expansion in a push to boost growth while the U.S. market nears saturation.

Amazon.com Inc. has agreed to buy Dubai-based online retailer Souq.com, betting that e-commerce in the Middle East is poised to take off.

With AmazonFresh Pickup, a brick-and-mortar extension of its grocery delivery services, Amazon is edging further into the crowded grocery market with a model that downplays the process of wandering the aisles of a physical store. But unlike some of Amazon's other retail efforts, this one is not as big a departure as it first seems.

The business-to-business payments market is one of the laggards in transaction automation, and a reason often given is the lack of customization options. Businesses are using consumer-style technology for business purposes, and the fit isn't right.

Large merchants are re-energized in their conflict with Visa and Mastercard on the issue of swipe-fee costs, following the U.S. Supreme Court’s refusal to reinstate a class-action settlement that deeply divided many of the plaintiffs.

As trends in payments technology take hold or taper off, it's safe to say that one is firmly entrenched: The shift to mobile and integrated point of sale devices.

Amazon's Go concept store has caused concern among payment companies and retailers, though there are mobile-driven options that can replicate the experience.

Accenture has agreed to acquire First Annapolis Consulting in an effort to add payments expertise in several international markets.

ID attacks have expanded quickly in the past year, partly due to the same kind of automation that companies use to manage a high volume of transactions.

After its work with GPShopper produced favorable results the past two years, Synchrony Financial aims to dig deeper into mobile commerce by acquiring its partner.

Flipkart Online Services Pvt has completed a $1 billion fundraising and aims to raise as much as $1 billion more over the next few months, according to people familiar with the matter, giving India’s largest e-commerce company capital to battle back against rising competition.