POS and Retail

To address integration concerns for retailers, Bindo is connecting its iPad-based point of sale software to Powa Technologies' hardware for clients in the U.S. and Asia.

Most people remain skeptical of the libertarian utopia wherein the government cedes control of the money supply to Bitcoiners. But some are starting to come around on the blockchain technology that enables Bitcoin as an important part of our digital future, as well as an advancement that threatens the third parties that often manage financial transfers.

Loyalty programs have long relied on the point of sale interaction to inform consumers of their rewards and discounts, but the rise of mobile is changing consumers' expectations.

By using simplified processes for payments and other services, a new generation of innovators is disrupting major financial institutions and demonstrating how a technology-first approach can vastly improve customer experience.

EBay Inc. gave a quarterly profit forecast that topped estimates as the Web marketplace recovers from a security breach that forced users to change passwords and a Google Inc. search change that curbed traffic to the site.

Total System Services Inc. will begin processing payments for third-party clients that participate in the American Express OptBlue program.

American Express Co., down 10% since announcing it would end its U.S. partnership with Costco Wholesale Corp., has a defender in Discover Financial Services.

No security offering can totally eliminate network data breaches, but fast detection can prevent a successful attack from becoming a large-scale disaster.

Square’s expansion into email marketing seemed like a surprise move for the company best known for its mobile point-of-sale system for small businesses.

Discover Financial Services reported a 7% drop in quarterly earnings on Tuesday, driven by rising expenses, a growing loss provision and shrinking yields in its flagship credit card business.

An advanced strain of malware is capable of attacking Windows point of sale terminals, stealing cardholder data and upgrading itself while hiding in plain sight.

Amazon long ago redesigned the way consumers shop and pay online, and it envisions a retail environment where payments happen just as seamlessly and shoppers never even need to slow down to check out.

EMV will require new payment processes that, while seemingly small to those instituting the change, require a shift in behavior that could feel monumental to consumers.

MasterCard is betting that there is a third choice besides plastic cards and mobile wallets. And that choice is one that has sputtered in the past.

Costco Wholesale Corp. has attained a goal that retailers have sought for years: near-zero expenses for credit-card payments.

Google's rumored bill presentment service, called Pony Express, is still in development and has not been officially announced. But the email-based payment service has the potential to disrupt the banking world — if it can overcome the significant obstacles ahead of it.

MasterCard has joined forces with celebrity chef Marcus Samuelsson to deploy its Qkr app at the product's first restaurant location in the United States.

Taco Bell will start its first customer-loyalty program later this year in an effort to keep diners coming into the restaurants regularly.

In the payments’ context, establishing an inclusive process is easier said than done, since the majority of stakeholders interact with payment systems at the periphery without much awareness of its inner workings. While payments are often compared to a "plumbing system" or rails, it's actually more helpful to see the ecosystem as a "highway."

The Payment Card Industry Security Standards Council released its 3.1 update to the industry's data security standards April 15 to address the payment data vulnerabilities of the Secure Sockets Layer encryption protocol.