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Banks and payment card providers would face caps on the transaction fees they can demand from retailers under European Union plans to rein in charges that have been attacked by regulators as anticompetitive.
July 17 -
Tablet point of sale technology provider ShopKeep POS has hired Todd Lasher as vice president and general manager of its channel business.
July 16 -
Dubbed the "Athens of America" because it's rife with colleges and universities in the area, Boston is becoming a hub for tech startups as recent grads and even dropouts bring fresh perspective to the payments industry.
July 16 -
C-Sam Inc., Dai Nippon Printing Co. Ltd. and HyperSoft Co. Ltd. have jointly developed "Salon de Wallet," a mobile wallet for beauty salons in Japan.
July 15 -
Cloud payment processor i2c Inc. and Heartland Payment Systems have teamed to provide prepaid card processing services. Their first collaboration is to add features to the National Restaurant Associations Edge prepaid card program.
July 15 -
Businesses that provide payments services to companies that collect or use consumer data should closely watch the FTCs recent lawsuits against two processors and fully assess the legal risks that might be associated with their business relationships.
July 15
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Payments and marketing are getting closer than ever, and several companies are blurring the line between where the payment ends and where the pitch begins.
July 15 -
GoCardless is using a link to Sage's accounting software to improve the experience of automating business-to-business payments in a market that typically lags the consumer payments market.
July 12 -
The Merchant Customer Exchange (MCX), a mobile payments initiative created by major retailers, will use technology from FIS to speed processing and provide access to accounts at a large range of financial institutions.
July 11 -
The payment processor Global Payments Inc. will offer its U.S. merchant customers an iPad point of sale system from ShopKeep POS.
July 11 -
The next big idea for payments is ready to spring to life, and MasterCard wants to be there when it happens.
July 11 -
As EMV-chip card use spreads at the point of sale in the U.S., online merchants will have to change the way they handle payments online.
July 11 -
Mobile transaction technology provider C-Sam has hired former Citigroup executive Kurt Weiss as managing director of global financial institutions and mPayy founder Conrad Sheehan to be general manager of strategic initiatives.
July 10 -
Merchant payment and marketing company Punchey has hired Michael Sattler to be vice president of engineering and Rick Graham as director of demand generation.
July 10 -
BBVA Ventures, the corporate venture arm of BBVA Group, is investing in SumUp, a company that enables mobile devices to accept card payments.
July 9 -
The Fancy, an online shop with items culled by customers, raised $53 million from investors including American Express Co., billionaire Len Blavatnik and actor Will Smith, people familiar with the matter said.
July 8 -
Seeing coins as dead weight in payments, a startup called Coinvenience is designing a system to allow consumers to reject loose change by instructing retailers to deposit the leftover coins into a stored-value account at the point of sale.
July 8 -
LevelUp founder Seth Priebatsch could barely contain his excitement when discussing the possibilities of Google Glass, a mobile device built into a headset that Google sells only to a limited number of early adopters.
July 8 -
Retailers are bombarded with new mobile payment methods. Many merchants chose to move forward with two or more new technologies rather than bet their future on just one mobile wallet.
July 5 -
The creation of mobile wallets sparked a battle between retailers and wallet providers over the control of consumer data, and the evolution of card-linked services has the potential to stray into a similar minefield.
July 5





