POS and Retail

The $143 billion-asset company has agreed to buy the Retirement Corporation of America, an advisory firm based in Fifth Third’s headquarters city that focuses on the needs of retirees.

European mobile point of sale provider iZettle has added UnionPay cards to the menu of credit and debit cards its merchants can accept.

A growing number of U.S. merchants, both large and small, are using online marketplaces to sell their wares worldwide. Payment companies that specialize in currency exchange have taken note.

Cardtronics is bringing its relationships with Citi and Walgreens together, bringing Citi branded ATMs inside Walgreens locations across the U.S.

NCR Corp. has launched its FastLane Mobile Shopper software in the Globus hypermarket chain in Russia, citing it as the first supermarket/department store in Europe to offer the scan-and-go system.

Letgo, an online marketplace for buying and selling used goods, said it raised $175 million to invest in growth plans and grab market share from EBay Inc. and Craigslist.

2017 promises to be a defining year for many in the payments industry. Here's a look at what to expect.

The technology revolution requires ISOs and agents to pursue merchant relationships based on a range of services in addition to traditional hardware.

The processor has launched its Integrated Solutions Group, a new segment that focuses on software development tools for integration with First Data platforms.

Apple Pay helps address the gap between courting donors and getting sustainable donations, according to the software company Blackbaud, which serves the nonprofit sector.

As consumers use digital channels more, merchants are under pressure to not only make payments seamless, but tie transactions to broader customer-facing and internal functions.

Amazon is revamping its cobranded rewards card, adding a higher tier of rewards for people who pay a $99 annual fee — as 65 million people already do — for Amazon Prime membership.

Swedish mobile point of sale company iZettle has raised about $80 million in funding, in part from U.S. investors.

By providing lots of data, and encouraging consumers to carefully examine their statements, merchants and payment companies can reduce fraud and chargebacks.

Alibaba Group Holding Ltd. pioneered shopping on the internet in China. Now it thinks it can teach old-school retailers a thing or two about real-world commerce.

Digital merchants don't necessarily have to open a store, but they can still benefit from the tactics of brick-and-mortar retailers, according to David Schwartz, vice president of e-commerce at Wix, a Tel Aviv-based technology company.

Integrations with software as a service providers are enabling small online retailers to partner with and compete against the mega-retailers across all major channels.

Apple Pay, Android Pay and Samsung Pay may seem to have a marketing edge over retailers' mobile wallets, but there is strong momentum among apps that serve individual merchant brands.

ATM maker Diebold Nixdorf plans to unveil its smallest EMV-enabled payment terminal yet, a self-checkout unit that’s designed to fit into small retail spaces and supports cash, cards and contactless payments, but lacks a magnetic stripe reader, the company said in a Jan. 9 press release.

British consumers, who helped the economy emerge largely unscathed from the Brexit vote, now face their next big health check.