Nokia invests in mobile payments startup

March 26, 2009

Yahoo! News: Nokia Corp., the world's largest maker of cell phones, is making a large investment in California-based Obopay Inc., a startup that's pushing…

Coinstar named top performer in prepaid category by retailers

March 26, 2009

BELLEVUE, Wash. — Coinstar E-Payment Services, a subsidiary of Coinstar Inc., has been named a top prepaid performer in the 2009 Convenience Store Decisions…

Paymo aims to make mobile payments a reality in the U.S.

March 11, 2009

Fortune: The mobile phone has yet to become a tool for payments in the United States, largely because the different players in the mobile payment ecosystem …

ProcessAway turns iPhones into credit card terminals

February 24, 2009

TUSTIN, Calif. — Apple's best-selling iPhone can double as a credit card processing device, thanks to a new app called ProcessAway.

Wincor World focuses on service, automated checkout

by Tracy Kitten — Editor, AMC

Wincor Nixdorf says its latest innovations are enhancing the shopping experience for both retailers and consumers.

Carrefour investing in NFC contactless payments

January 29, 2009

International Supermarket News: Beginning February 11, Carrefour will work together with the country's leading mobile operators to put in place a series of…

Move over TJX: Heartland data breach may be biggest yet

With literally tens of millions of card transactions at risk, malware found on the server of Heartland Payment Systems may make history.

WINCOR: Wincor Nixdorf offers outsourced debit, credit processing for retailers and FIs

by Tracy Kitten — Editor, AMC

January 21, 2009

PADERBORN, Germany — An ability to provide a more comprehensive package of services and solutions for retail and banking is something Wincor Nixdorf AG…

Payments processor uncovers what might be biggest breach ever

by James Bickers — Editor, Networld Alliance

January 20, 2009

Heartland Payment Systems has learned it was the victim of a security breach within its processing system in 2008. The company believes the intrusion is…

NRF: New ArcaTech solution allows tighter cash control in retail environments

January 11, 2009

MEBANE, N.C. — ArcaTech Systems, a supplier of transaction automation solutions for the financial, retail and self-service industries, is highlighting its new…

Store traffic reporting - are new tools needed?

Commentator Judy Hopelain says retail traffic numbers are conflicting, and possibly part of a "massive undercount."

Cash purchases are on the rise as shoppers try to manage debt

November 24, 2008

MSNBC.com: Cash or credit? For more Americans, who have already maxed out their credit cards or are just trying to manage their spending better in the tough…

Retail bringing layaway back to life

by James Bickers — Editor, Networld Alliance

Layaway making a comeback, thanks to a tightening credit market.

Marketing show heavy on innovation

by James Bickers — Editor, Networld Alliance

Fresh ideas from the In-Store Marketing Expo in Las Vegas.

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…

Sears 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.

J.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…

VeriFone 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…

NFC 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…

New 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…