Retailers

Pinnacle Corp. has partnered with Sionic Mobile to bring two emerging payments technology trends—beacon-aided transactions and tokenization—to thousands of Pinnacle's fuel retailers.

CardConnect, an independent sales organization of First Data Merchant Services, has hired payments veteran Scott Dowty as chief revenue officer.

Mobile payment platform P97 Networks and decoupled debit provider Zipline will collaborate on m-commerce products targeting merchant and fuel industry clients that face competitive pressure to adopt mobile payments.

Does the following thought process sound familiar? “The faster I can install this new point of sale (POS) system for this merchant, the better.” With POS systems, faster isn’t always better.

Mobile payment provider Powa is partnering with DataCap Systems to shorten the time it takes merchants to deploy mobile point of sale applications, a move the companies hope will provide differentiation in a crowded marketplace.

Providers of rapidly changing payments products such as prepaid cards, automated payments and dispute resolution are continuing to turn to independent sales organizations to reach targeted merchants.

Installment payment provider Klarna will share technology with e-commerce technology company Digital River as part of Klarna’s stategy to extend services to the U.S. and other markets.

ACI Worldwide is flexing its acquired bill payments technology muscle, inking a deal with financial technology provider Shaw Systems Associates Inc. that will allow Shaw's clients to expand loan payment options to their customers.

Wells Fargo Bank NA has joined a growing list of acquirers using an American Express program designed to help smaller merchants accept Amex card payments.

Hamstrung by low consumer and merchant adoption, multi-account cards are still a product in search of a market. But Stratos Inc. believes Bluetooth technology is the tonic that will lure users.

GoDaddy is partnering with online payments provider Stripe to entice small businesses to embrace e-commerce by adding faster credit approval and card acceptance.

EBay and PayPal were once rivals, but in 2002 they joined to become a single company. Since then, PayPal has worked to move beyond the confines of its parent's online auction site. It is now well prepared for its planned spinoff.

The recent exploit of Signature Systems terminals, used by Jimmy John's restaurants and other clients, shows that the point of sale is still a key target for hackers. And the addition of EMV-chip technology won't scare them off.

Global Payments Inc. now calls its integrated solutions division OpenEdge.

InComm will work with the Merchant Customer Exchange to support digital gift card and loyalty programs for retailers, while also expanding MCX's CurrentC mobile wallet to more locations.

EBay's planned spinoff of PayPal, announced today, is a necessary and inevitable response to the influx of disruption coming to the payments industry from unconventional sources. As companies like Amazon.com, Apple and Wal-Mart take a growing interest in the payments market, PayPal's status as a unit of a rival e-commerce company limited its role.

The data breach affecting 216 of Jimmy John's restaurant locations had, at its source, an increasingly common exploit: remote-access passwords.

Ukash is expanding its reach in Spain by working with Logista, giving the online cash payment provider a presence at nearly 13,000 more point of sale terminals in the country.

Ingenico Group is leveraging its experience in EMV-chip terminal upgrades and new momentum from Apple Pay to better position itself for the U.S. conversion to smart-card technology.

Spire Payments will supply Indian Overseas Bank with more than 7,500 mobile point of sale devices in its mPOS deployment in the Chennai region of India.