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Payments News

ID TECH lists new mPOS as Visa Ready

September 19, 2014

UniPay is a combination magnetic stripe and EMV mobile reader that connects through the audio jack port of a mobile device.

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TNS unveils new cardholder data encryption solution

September 16, 2014

TNS' Managed POS Encryption includes support for the VeriShield Protect end-to-end encryption solution from VeriFone and Trustwave's hardware-agnostic…

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Macy's new tech plans include Apple Pay, smart fitting rooms, more

September 15, 2014

The company outlined its latest advancements in omnichannel strategy and technology as the company continues to add new dimensions for attracting shoppers and…

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Report says August retail spending growth strongest in 13 months

September 12, 2014

Leisure spending is at a six-month high; late-season travel, back-to-school spending propel growth.

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TSYS works with merchants on Apple Pay

September 12, 2014

Company announced a partnership with iMobile to process transactions from Apple's new mobile-payments system.

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Bank of England addresses digital currencies

September 11, 2014

Institution does not believe Bitcoin poses a risk to financial stability in the UK.

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ICSC says momentum for marketplace fairness at an all-time high

September 10, 2014

Seven in ten Americans support legislation requiring sales tax collection at the time of purchase. This represents an increase of six percentage points since…

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Apple unveils Apple Pay mobile wallet at iPhone launch event

by James Bickers — Editor, Networld Alliance

September 9, 2014

Apple Pay, which is set to launch in the U.S. in October, uses a secure element in the phone to store card information. It eliminates the need for a mag…

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Home Depot confirms data breach

September 9, 2014

Retailer is still in the process of determining the scope of the intrusion, which first began in April.

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Apple to use NFC, tokenization in new iPhone and iWatch, according to report

September 8, 2014

Devices will work in tandem to share tokens to verify payments.

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Mobile payments must be relevant, useful, study confirms

September 5, 2014

Young adults are especially interested in wearable mobile technologies that they can use for banking and making payments.

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MCX reveals its mobile payments network, CurrentC

September 4, 2014

CurrentC has been launched in private pilot mode in select locations across the country. The private pilot will expand through 2014, with regional and national…

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Study: Prepaid card users highly likely to adopt mobile payments

September 4, 2014

The greater the number of features -- such as mobile payments -- associated with a card, the greater the likelihood of customer retention.

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FreedomPay unveils PCI-certified P2PE tech for merchants

August 26, 2014

Commerce platform FreedomPay has unveiled what it says is North America’s first PCI certified fully functional, point-to-point encryption payment technology as…

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Square expands capital program

August 19, 2014

Victory Park Capital invests in Square so that mPOS provider can target more small businesses with lending opportunities.

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Kaspersky study finds consumers nonchalant about data security

August 18, 2014

When it comes to protecting their personal and financial information online, consumers just might be their own worst enemy.

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Square goes on the defensive in light of Amazon Local Register

August 15, 2014

The mPOS provider addressed in a blog post what it called myths about it pricing, service and a number of other issues.

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Supervalu the latest brand to report data breach

August 15, 2014

The company doesn't specify that PIN numbers were stolen, but refers to 'other numerical information' in the announcement that its POS system was compromised.

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PassMarket, NCR Silver connect to enhance mobile shopping experience

August 14, 2014

The iMobile3 PassMarket mobile app provides customers with rewards, offers, gifting, messaging, store locator and payment features to simplify the shopping…

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Retail spending growth reaches 11-month high in July

August 12, 2014

Overall retail spending growth was at its strongest levels in a year as nearly all retail categories turned in improved numbers.

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