POS and Retail

Ultimately, First Data looks ready for a second public life. First Data is expected to bring about a turnaround after going public, giving KKR the opportunity to cash in on its investment.

First Data and TruBeacon have been selected to provide point of sale technology and business-management software for Scooter's Coffee, an Omaha, Neb., chain.

Target is deploying Bluetooth beacons to offer time-sensitive deals and product recommendations to shoppers in its stores, and it has more ambitious plans for the technology later in the year.

With the EMV-chip card deadline just two months away, Mercury Payment Systems is emphasizing security by providing a reason for its partners to engage in more education and become certified as compliant with the Payment Card Industry data security standard.

There is money to be made for merchants who support mobile payments. However, cyber criminals have noticed and they want their cut, too. The newer and more untested the technology, the greater its potential vulnerability.

The issues tied to its MoneyPak reload cards continue to plague Green Dot Corp., despite the prepaid card issuer's decision to discontinue the product back in 2014.

Looking at the majority of recent articles around the launch of Apple Pay in the UK, you’d be forgiven for thinking that the most exciting aspect of Apple Pay is its harnessing of Near Field Communication (NFC) technology.

The House of Representatives has already passed two strong bills (the Protecting Cyber Networks Act and the National Cybersecurity Protection Advancement Act). We are now urging the Senate to take up and pass the Cybersecurity Information Sharing Act (S. 754) as soon as possible.

Indian e-commerce company Snapdeal.com is raising about $500 million from investors led by Alibaba Group Holding Ltd., according to people familiar with the matter.

The ability to browse limitless shops and purchase goods and services from almost anywhere in the world has revolutionized commerce.

The mobile point of sale market already seems overcrowded, but what's out there now is just a taste of what's to come, according to 451 Research.

The concept of a purely mobile or digital transaction is already evolving into something more. A few companies are taking the idea of a software-based payment system and bringing it into the physical world.

While the blockchain will doubtless offer some amazing innovations, much of the hype has focused on obtuse applications in existing markets rather than an exploration of how the technology will be used to create entirely new markets. There are big changes that are being pursued by the best and most ambitious minds in the financial technology and payments industries.

Switzerland's Migros is the country's largest retailer and employer, as well as the owner of a prominent local bank, giving the company an unconventional perspective on the costs and benefits of mobile payments.

Particularly in the fast-food industry, the menu of mobile capabilities is more super-sized than ever — and it's one of the rare payments trends that's actually being driven by the consumer.

American Express and Best Buy will allow consumers to make purchases on the retailer’s website using the reward points earned from their Amex spending.

Total System Services (TSYS), in partnership with commercial software provider Acquirer Systems, has launched a new EMV certification service.

PayPal has added new features to its invoicing product in a market filled with rivals that are similarly diversifying their services to lure small businesses.

When it comes to online retail markets, China is in a class by itself. The country is already home to the world’s largest e-commerce market, and there’s room for more growth.

More than a third of small-business owners won't accept EMV chip cards by Oct. 1 — and don't plan to do so any time in the future – but they may change their minds if the decision costs them as little as $100 in fraud losses.