The Accredited Standards Committee X9 has considered exploring alternatives to EMV in the U.S., reports Digital Transactions News. The site acquired a letter dated Jan. 20 from ASC X9 proposing a two-day meeting to “discuss the best way forward on U.S. [integrated circuit] standards (for...
Shoe manufacturer ECCO has launched new eCommerce and mCommerce services with the Demandware Commerce platform. ECCO products are sold online and in 4,000 branded locations in over 90 countries. The company said the next phase for ECCO is to further expand its multichannel features and...
NACHA, the Electronic Payments Association’s Council for Electronic Billing and Payment (CEPB), has released their final guidelines for QR code use in consumer bill payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Group Commerce has laid of 28 percent of its staff as it plans to move away from local deals and focus more on national campaigns, according to Business Insider. “It was a tough decision,” said CEO Jonty Kelt of laying off 31 people from his...
Last week we reported that Square COO Keith Rabois resigned from his position with sources citing “disagreements” with founder Jack Dorsey as part of the reason for his departure. Now Rabois has issued a statement shedding light on the situation and denying allegations that he...
The payments industry jumped 0.33 percent on the stock market last week thanks to a strong performance from the POS Equipment and nearly universal modest gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Planning on paying for something with a MasterCard or Visa card today? You may be forking over a little more dough than you expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The payments industry ramifications of a federal appeals court’s decision that President Obama’s National Labor Relations Board appointments were unconstitutional may not be readily apparent, but they could be huge. That’s because the logic behind the ruling could invalidate Richard Cordray’s appointment as director of...
MoneyGram is advising romantics to practice tough love this Valentine’s Day, as a way to stop scammers in their attempts to steal their money through romance scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...