Technology
Technology
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Prepaid card service provider InComm has launched a new product that enables payment companies to deliver loyalty, mobile wallet and coupons without a reliance on hardware.
October 25 -
TAS Group has upgraded its card management software to allow banks to quickly design new EMV chip-based payment products and develop related programs.
October 25 -
Schnucks Markets Inc. has agreed to a proposed settlement in a lawsuit filed on behalf of customers over the data breach that occurred at some of its stores earlier this year, affecting up to 2.4 million payment cards.
October 25 -
CU Wallet has added 10 new credit union partners since the initiative's September unveiling, for a total of 25 credit unions representing 3 million members across 17 states.
October 25 -
Flint has raised $6 million to expand its staff and boost development of its mobile payments application.
October 25 -
LevelUp is launching a "connected app" technology that lets merchants tap into its mobile payment system for online commerce and a variety of other uses.
October 25 -
The newest member of the European Union (as of July), the Republic of Croatia is also relatively new to Near Field Communication-based mobile payments, which the nation's transit and mobile companies began publicly testing this year.
October 25 - PSO content
Aquiline Holdings LLC is considering selling Clear2Pay, a Belgian company that develops payments technology, according to Reuters,
October 24 -
Fourty-four percent of American consumers have chosen not to sign the back of their payments cards, instead writing see ID or leaving it blank, according to a study sponsored by Jumio and conducted online by Harris Interactive.
October 24 - PSO content
Utility companies are hungry for a mobile bill payment feature to reach customers more effectively, according a survey conducted by Check, a mobile finance management and bill payment company.
October 24 -
As the market for prepaid cards expands and diversifies, many companies are experimenting to see what works and in the process, they are learning that a product-based mindset could hold them back.
October 24 -
Mobile payments company Fortumo is adding technology that allows Chinese software developers to expand overseas.
October 24 -
Virtual Piggy, which offers an online alternative payment system for teens, will run a developers event for participants up to 19 years old in Los Angeles on Dec. 7.
October 24 -
Banks and payments companies are trying to develop new technology for customers' evolving needs, including person-to-person payments. But many of these new innovations must measure themselves against Square and its success. Daniel Wolfe, Editor-in-Chief of PaymentsSource, reports from SourceMedia's ATM, Debit and Prepaid Forum.
October 24 -
Utility companies are hungry for a mobile bill payment feature to reach customers more effectively, according a survey conducted by Check, a mobile finance management and bill payment company.
October 24 -
Issuers of store-branded credit cards are facing new regulatory scrutiny over big retroactive interest charges that can hit borrowers at the end of a promotional period.
October 24 -
Consumers continue to view their banks as a trusted payments provider, but they view PayPal Inc. as the nonbank to trust the most.
October 24 -
Scandinavian Airlines (SAS) wants to drastically boost membership in its loyalty program, a move that will necessitate going well beyond its typical geographic and demographic boundaries.
October 24 - PSO content
The Consumer Financial Protection Bureau is investigating eBay Inc. over a loan program that allegedly mirrors a structure used by high-interest lenders.
October 23 -
Dunn Brothers Coffee has rolled out a mobile payments and loyalty app across its network of 80 locally-owned shops.
October 23



