Ingenico and Intel have partnered to build mobile payment capabilities into a wide array of connected devices for the Internet of Things (IoT) — including intelligent vending machines, kiosks and digital signage, the companies announced at the Transact conference last week. Get the Full Story...
The PYMNTS staff – and most of our readers (we assume) – are well past the point in life where the most important question we face in April is whether or not someone will ask us to the prom – and/or agree to go to...
With the EMV liability-shift deadline steadily approaching — and almost half of merchants still not even started on their point-of-sale (POS) changeover — payments service provider Transaction Network Services (TNS) has cut a deal with POS device vendor ID TECH to simplify the process of...
Square, which got some its early start in San Francisco coffee shops, is trying to make life easier for similar food and beverage places where customers can keep a tab open, with a new feature called Open Tickets, the company announced in a blog post...
Nearly 300 percent more retailers plan to deploy mPOS solutions to better serve their businesses, says a new report. And growth in the space continues to center on those “tablet” enabled POS systems as more merchants experiment with ways to better power front and back...
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...
Big data isn’t always better data. In fact, TSYS’s Sr. Director of Analytics, Todd Doherty, says that focus on big data has just led to “obese data” as technology and tools make more of it available to business users. The cure for obese data, Doherty...
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...