Rite Aid has reversed its previous refusal to accept Apple Pay and is now supporting the platform, along with Google Wallet, in what some industry watchers see as a troubling development for the mobile payments consortium known as MCX. In a release Tuesday (Aug. 11),...
Digital Retail Apps, the startup behind shopping and self-checkout solution SelfPay, announced yesterday (Aug. 10) it secured $1 million in funding.
Apple Pay has linked with another credit union, offering the payments platform to members shopping at participating stores. As reported in a Monday (Aug. 10) release, Bellco — the credit union based in Colorado with 21 branches, more than 250,000 members and as much as $2.9 billion...
“I have not failed. I’ve just found 10,000 ways that won’t work.” -Thomas Edison Thomas Edison, the Wizard of Menlo Park, is often compared to Apple founder Steve Jobs, a comparison intended to be simultaneously flattering and unkind. Both men were tech visionaries whose ideas...
Ruth Simmons, the former Brown University president, is joining payment company Square’s board, becoming its second female board member, The Huffington Post reported Wednesday (Aug. 5). She joins Mary Meeker and also becomes the second African-American member on the board, alongside Earvin “Magic” Johnson, the...
Dining chain Outback Steakhouse is on track to release a smartphone app by the end of the year that will let customers pay their tabs at the table, with the help of their smart devices. Nation’s Restaurant News said Tuesday (Aug. 4) that executives from Bloomin’...
Square Readers can be compromised by hackers to steal credit card information, Engadget reported Monday (Aug. 3). Citing security researchers, the site reported that hackers can disable the encryption that the devices use to shield financial data, which in effect turns the Square device into...
As retail evolves, point of sale systems need to be about more than just payment. That’s the view that Chris Ciabarra, co-founder and CTO of Revel Systems, shared with PYMNTS and why the company's roots in apps help them serve up a much better POS...
Sure, Stripe grabs the headlines, but what does the deal with Visa, and Stripe's capital raising, portend for the online payments processing writ large? PYMNTS spoke with the CEO of BlueSnap, a Stripe peer, to get a sense of what Stripe’s big news might mean...
