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Diebold Inc. is selling Diebold ERAS Inc., the company's image-based check processing and remittance services, to CheckAlt LLC.
July 9 -
Merchants who have been quick to complain about the cost of accepting card payments at the point of sale haven't always calculated the true cost of accepting cash in comparison, a new Aite Group study says.
July 9 -
PayPal is offering certain businesses the ability to access funds from transfers between PayPal accounts and the business' bank account within 24 hours, instead of the three to four days it typically takes.
July 8 -
Alternative finance provider CAN Capital is offering its payments industry partners a digital platform to give merchant clients a fast application process for funds.
July 8 -
Bindo wants to combine its cloud-based iPad point of sale product with an online marketplace, similar to how Square's iPad system links merchants to Square Marketplace. This hybrid approach is meant to make Bindo more appealing to local merchants.
July 7 -
Ingenico Group, a French maker of payment terminals, said it's in exclusive talks to acquire GlobalCollect in a deal valuing the target at 820 million euros ($1.1 billion).
July 2 -
A veteran acquiring executive describes recent changes at First Data Corp. as "the awakening of a sleeping giant" that has placed a renewed emphasis on independent sales organizations and sales agents.
July 1 -
The telco is offering Payleven's hardware to enable its small-business customers to comply with an Italian mandate to cut back on cash use.
June 30 -
Revel has added a dashboard for Yelp and Foursquare to its point of sale tablet, giving businesses a way to respond immediately to any complaints or praise posted to social media.
June 27 -
SCVNGR's LevelUp, which is not content to listen only to its merchant clients, is once again giving consumers a voice in evaluating its mobile payments experience.
June 26 -
Jusp is adapting its business model to target larger clients for mobile payments. It added a service called Payments List that attaches to a business's back end, and it also allows the mobile point of sale service to work with Windows PCs.
June 25 -
First Data is under pressure on a several fronts. While tasked with easing its debt, the Atlanta-based processor is also responding to the many disruptions brought by mobile technology and other innovations.
June 24 -
Oracle Corp. agreed to buy Micros Systems Inc. for $5.3 billion as Chief Executive Officer Larry Ellison seeks to reignite slowing growth by adding software for hotels and restaurants.
June 23 -
Independent Resource Network Corp., a Westbury, N.Y.-based independent sales organization, recently agreed to pay $400,000 and waived its right to funds in a merchant's reserve account to settle a civil suit brought by the Federal Trade Commission.
June 20 -
Vend will integrate its payment system with QuickBooks Online, making it the second point of sale company this week (along with Flint) to tout a link to Intuit's accounting software.
June 20 -
Clover Network Inc., a subsidiary of First Data Corp. has partnered with DropThought to add instant consumer and employee feedback to Clover Station, a tablet-based point of sale.
June 19 -
Flint is integrating its iOS and Android small business payment apps with Intuit's QuickBooks Online accounting software, a move meant to enable clients to better manage the data connected to their transactions.
June 19 -
An issuer's decision to deploy EMV chip-and-signature credit cards in the U.S., rather than the chip-and-PIN model common in other countries, has as much to do with technology constraints as it does with Americans' reluctance to using a PIN.
June 18 -
Swedish mobile payments provider Seamless has entered a distribution deal with retail tech provider PCMS Group.
June 16 -
PNC Financial Services has begun offering a new tool for merchants to accept payments on their mobile devices.
June 16




