London-based Powa Technologies announced yesterday (March 30) that it is teaming up with Merchant e-Solutions — a card processing company headquartered in the U.S. — to help independent software vendors (ISVs) bring their apps to market. As PowaPOS is designed specifically for tablet-based payments, that...
U.K.-based telecommunications conglomerate Vodafone has entered the contactless payment market. In a press release offered by the company Monday (March 30), Vodafone revealed that its mobile payment service will soon support contactless payment technology. Get the Full Story Complete the form to unlock this article...
The case of the Silk Road online illegal drug marketplace has found itself back in the news, as criminal accusations tied to the bitcoins that funded the site have been tangled up in another criminal matter. Get the Full Story Complete the form to unlock this...
StubHub, the U.S.’s largest ticket resale platform, has filed legal action against the NBA’s Golden State Warriors and event ticket vendor giant Ticketmaster, claiming that the duo’s decision to cancel tickets purchased through StubHub violated antitrust laws, The Wall Street Journal reported. Get the Full Story Complete...
In the mobile-driven population of China, there’s already a clear leader in mobile payments — Alipay, Alibaba’s mobile payment system. Can Apple keep up even if it gets approved to bring Apple Pay to the country? Get the Full Story Complete the form to unlock this...
Tax fraudsters are now using the U.S. Internal Revenue Service’s online self-service to get the information they need to file fraudulent tax returns and steal refunds, Krebs on Security reported on Monday (March 30). Get the Full Story Complete the form to unlock this article...
Banks are increasingly worried about the likelihood that they’ll look like the bad guys if merchants haven’t upgraded their point-of-sale systems to support EMV chip cards, and then are hit by fraud and have to pay for the loss themselves, American Banker reported on Sunday...
With the Oct. 1 EMV liability shift just six months away, banks and payment-card brands are beginning to get nervous about the slow uptake of EMV point-of-sale systems by smaller businesses. Part of the problem is complexity — small merchants don’t have IT departments, and...
The U.S. Food and Drug Administration is re-emphasizing that it will give plenty of regulatory leeway to health apps for the Apple Watch and other wearable devices, after the agency issued new guidelines last month, Bloomberg News reported. Get the Full Story Complete the form...