Payments News & Media
Gift card balances are covered, FDIC says
November 16, 2008
WASHINGTON, D.C. — The Federal Deposit Insurance Corp., the entity that guarantees bank deposits, has issued an opinion stating that funds on gift cards and…
read nowSears brings back layaway
November 16, 2008
HOFFMAN ESTATES, Ill. — Sears announced it will offer layaway on a wide selection of merchandise. The program was made available to shoppers on Sunday, Nov.
read nowJ.C. Penney, Sears get aggressive on gift cards for holiday season
November 13, 2008
New York Times: J.C. Penney plans to devote part of its holiday campaign to reassuring shoppers about the redeemability of its gift cards, much the same way…
read nowVeriFone launches contactless pinpad for self-service POS
November 5, 2008
PARIS — VeriFone Holdings, Inc., has introduced a contactless version of its popular PINpad 1000SE, further expanding the industry's broadest line of…
read nowNFC mobile phone payments come to Latin America
November 4, 2008
PARIS — Silicon Valley-based ViVOtech announced that its provisioning software for Near Field Communication (NFC) mobile payments is being used in the first…
read nowNew Zealand retailers testing alternate payment methods
October 23, 2008
Reseller News: Retailers are beginning to use emergent payment technologies not only to complete financial transactions, but to obtain competitive advantage…
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Retailers get hands-on with new tech
Attendance at KioskCom, The Digital Signage Show up from fall.
read nowKmart revives layaway in prep for a tight holiday season
October 16, 2008
Brandweek: Kmart has launched a campaign that positions the company as the only mass discount retailer to offer a layaway service. The hope is to drive sales…
read nowBillpay tech coming to checkout lanes
October 16, 2008
BROOKFIELD, Wis. — Fiserv Inc., a leading provider of information technology services to the financial industry, announced it has partnered with PayScan…
read nowNRF, Retail Customer Experience announce pavilion partnership
October 14, 2008
LOUISVILLE, Ky. — NetWorld Alliance, publisher of Retail Customer Experience magazine and RetailCustomerExperience.com, and the National Retail Federation…
read nowPayment-enhanced driver's license doesn't work in c-stores
October 13, 2008
Convenience Store News: While the concept behind New York state's new enhanced driver license was to streamline encrypted information with available retail…
read nowFoot Locker sued over gift card dormancy fees
October 13, 2008
Associated Press: A New Jersey man is taking on athletic apparel giant Foot Locker over the store's gift card policies, charging in court papers that they…
read nowMore than half of retailers considering mobile contactless payments
October 9, 2008
BOSTON — Aberdeen, a Harte-Hanks Company, surveyed 180 companies to outline the implications and trends related to proximity mobile payments. Retail…
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KioskCom Europe: Lines blur between digital signs, kiosks
Integrated touchscreens, networked signage hint at convergence.
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Hackers 'are picking on the small guys'
by James Bickers — Editor, Networld Alliance
New research into recent card breach incidents may surprise merchants.
read nowPayPal, TheFind partner to make online shopping easier in U.K.
September 8, 2008
MOUNTAIN VIEW, Calif. — For shoppers frustrated with searching online and being faced with pages of irrelevant product results and hundreds of links to sift…
read nowTest in Europe predicts slow roll-out of mobile wallet tech
September 1, 2008
VNUNET: The largest trial of near-field communications in Europe suggests that commercial deployment of the technology will take years rather than months…
read nowMythbusters' host: Credit companies gagged RFID segment
September 1, 2008
The Consumerist: When the popular Discovery channel show "Mythbusters" began research on an RFID story, credit card companies paid a visit to channel…
read nowPCI Council summarizes changes coming in next version of standard
August 24, 2008
WAKEFIELD, Mass. — The PCI Security Standards Council (PCI SSC), a global, open industry standards body providing management of the Payment Card Industry Data…
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