A U.S. district judge decided in favor of Amazon, Target, and a host of other retailers that had been sued by Kelora Systems LLC this week, settling a patent infringement case that began two years ago. Get the Full Story Complete the form to unlock...
More than half of all U.S. small businesses — 55 percent, or nearly 15 million firms — do not accept credit card payments, according to the Intuit Small Business Survey. The survey suggests those businesses are missing out on a combined $100 billion in annual...
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As the U.S. EMV deadlines loom, the temptation issuers face to send their EMV data prep to a third party bureau is great. Prime Factors today is helping put an end to that practice, announcing the release of their new EMV data prep module for...
Credit and debit card fraud increased by 24 percent from 2010 to 2011, according to The Paypers, citing research from online media outlet rte.ie. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Viaplay, a media-streaming merchant located in Russia, is the nation’s first merchant to utilize CyberSource’s eCommerce payment management platform, the Visa company announced this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Bango, the mobile payment facilitator based in London, raised £3 million ($4.7 million) through a private placement with institutional investors, and provided updates on its relationships with several key payments players this week. Get the Full Story Complete the form to unlock this article and...
HSBC Bank accountholders in the U.K. were temporarily unable to use their cards to make payments or withdraw cash from ATMs, the bank’s social media presence confirms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In an effort to help move EMV implementation forward in the U.S., MasterCard says it is forming a cross-industry group “designed to foster collaboration and alignment between networks, issuers, merchants, acquirers, processors, terminal manufacturers, card manufacturers and other groups.” Get the Full Story Complete the...