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Twitter's board is expected to name Jack Dorsey CEO sometime in the next few days, according to technology site ReCode.
September 30 -
U.K. e-commerce firm Powa Technologies is teaming up with Mexico-based point-of-sale software provider Sophitech to launch a tablet-powered cash-out counter for Mexican businesses.
September 30 -
Western Union and Walgreens have come together to offer a new bill payment service.
September 30 -
When major card networks revealed the EMV chip card liability shift timeline four years ago, the Merchant Advisory Group was quick to make its stance clear: A conversion to chip cards won't mean a thing without a PIN authorization to go with it.
September 30 -
After plenty of grumbling, the U.S. financial industry has finally begun the slow trundle toward faster payments for all. Same-day payments were approved by members of the industry group Nacha in May, approved by the Federal Reserve earlier this month, and will begin going into effect in September 2016.
September 30
MineralTree -
Klarnaa receive-now pay-later companyhas added American Express to its supported payment methods in Sweden, Finland, Germany and the United States, as of Thursday, the company announced.
September 29 -
The Alibaba Group is pouring more money into Indian payments powerhouse Paytm, with one report putting the investment at the equivalent of about $680 million, giving Alibaba control of 20% of Paytm's parent company, One97 Communications.
September 29 -
The merchant EMV liability shift is coming this week, and many merchants argue they dont need to invest in new payment terminals because theyve had only one or two fraudulent incidences in the entire history of their business.
September 29
1st Mariner Bank -
Citigroup has agreed to issue private-label credit cards for Wawa, a Mid-Atlantic convenience store chain.
September 28 -
When Samsung Pay launched in the U.S. on Monday, it did so on schedule but with less issuer support than had been expected, with only Bank of America, Citi, American Express and U.S. Bank announced as participants.
September 28 -
The U.S. might be ahead of the rest of the world in some areas of security, but when it comes to protecting against credit card fraud, were way behind.
September 28
Randstad Technologies -
Verifone has entered an agreement to use Barclays' Pingit mobile payment app as part of Verifone's PAYware Ocius mobile gateway. Initially, this deal will support only e-commerce sites but Barclays said the pair may bring the technology to the physical point of sale in a later phase.
September 25 -
The boost of wearables also has significant potential to drive mobile payment adoption. This potential is based on the ability of wearables to expand the number of devices and places from which mobile payments can be made.
September 25
Fiserv -
Once placed inside of payment cards, computer chips can catalyze uses well beyond merchant security, argues MasterCard's Carlos Cornejo, who adds the card network plans to expand card utility through the mix of chips and tablets.
September 25 -
Square has opened an office in St. Louis, which will serve the mobile point of sale company's clients in the Midwest.
September 23 -
Mobile and e-commerce payments provider Loviit has expanded to the United Kingdom, where it hopes to reach merchants with global ambitions.
September 23 -
As payments technology went into warp speed the past four years, many banks, acquirers and independent sales organizations (ISOs) faced the difficult task of keeping up with all of the potential changes.
September 23 -
U.S. Bank has promoted Jeffrey W. Jones to president of its corporate payment systems group after he spent nearly 15 years as head of global treasury management.
September 23 -
Small to medium sized businesses are often cast as unprepared for the card network's October deadline for EMV-chip card migration. But how bad can it really be?
September 23 -
These technology players will see their share of transaction value from the banks significantly reduced in Europe, compared to the US, due to the huge discrepancy in interchange fees across the two continents.
September 23
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