Retailers

Seven years after placing its first smart terminal in Africa as part of a financial inclusion program, French terminal maker Ingenico says the program has progressed to where it now has 50,000 terminals that aid financial services in the region.

Through a partnership with Intel, terminal maker Ingenico Group has developed a contactless payment technology that is being used in a Panasonic tablet.

"Omnichannel" is an increasingly common term in the payments technology industry, but it means different things to different people.

Bitcoin’s history is a fascinating story unparalleled in the worlds of tech and finance for its colorful characters, mystery and intrigue.

Avidia Bank has been operating a new integrated platform for a few weeks that brings together third-party processor compliance, risk management, ACH and card payment acceptance, and remote deposit capture on one platform.

The banking and fintech industry is experiencing fundamental change driven by not only new and evolving regulatory guidelines, but also by the changing needs and expectations of consumers – largely attributed to organizations like Netflix and Amazon.

The explosion of mobile over the last few years has been staggering. By next year, the twenty billionth mobile phone will be sold. And not only are there many more mobile devices, we’re all becoming more reliant on them. In fact, 9 out of 10 consumers in the U.S. keep their phones within reach 24/7.

David Bowie was a legend in the music industry, but his name was also a presence in financial services, where his identity was synonymous with innovation.

FuturePay hopes its alternative credit model can shake up in-store payments as the company plots to go beyond its e-commerce roots.

As far as digital currency has come, the passing of bitcoin for purchases is still a relatively primitive transaction.

Chase Commerce Solutions has sold its entire independent sales organization portfolio of accounts and associated contracts to First American Payment Systems.

To facilitate its push into the U.S. market, Splitit (formerly PayItSimple) recently added its cloud-based interest-free installment payment technology as a free plugin for e-commerce merchants using the WooCommerce platform.

Quick – on which sector does the U.S. spend more than defense, education and pensions combined? You guessed it…health care.

In the war on cash, Canada doesn't hold a candle to Sweden, where bills and coins are used for less than 5% of retail transactions, or Denmark, which plans to eradicate cash by 2030. But recent research suggests Canada is quickly closing the gap as its rate of contactless payments is soaring.

It's a precarious time for security at gas stations, many of which are taking advantage of the two-year grace period they received for EMV card acceptance when the rest of the bank and retail world faced a 2015 deadline.

It is rumored that the word ‘fintech’ was first used by the Sunday Times in 1985. That case is almost certainly an outlier but since 2013, ‘fintech’ has been hard to escape.

Walmart has entered the mobile payments industry, announcing in December that it was introducing Walmart Pay, an upgrade to Walmart’s existing app that will allow in-store shoppers to pay with their smartphones at checkout.

Payment security services provider EchoSat has purchased SmartLink, a division of Heartland Payment Systems.

As consumers approach the new year, they will be inundated with articles to help them with New Year’s resolutions.

Payments technology provider Elavon says it is among the first payment processing companies to offer Apple Pay to Canadian businesses.