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07.24.17

NCR Tackles Omnichannel Issues for Restaurants, Food Delivery

NCR Corp. on July 24 announced partnerships with Grubhub and DoorDash that it says will improve payments, order-ahead and delivery services for restaurants.

07.21.17

Earnings Roundup: Amex, BofA, Blackhawk, Visa

It was a busy week for second- and fiscal third-quarter earnings reports, with American Express, Bank of America and Visa all beating Wall Street expectations, and Blackhawk Network, which also beat analyst predictions, talking international growth, double-digit digital gift card sales and new partner Target set to roll out in Q3.

07.17.17

Congressman Calls for Hearing on Amazon’s Whole Foods Bid

On this heels of its record-breaking Prime Day, during which sales were up more than 60 percent over last year, Amazon is facing antitrust concerns from the top Democrat on the House Judiciary Antitrust Subcommittee. U.S. Congressman David N. Cicilline (R.I.) is calling for a hearing on the e-commerce giant’s $13.7 billion bid to acquire brick-and-mortar specialty grocery chain Whole Foods.

07.17.17

Worldline Buys Digital River World Payments to Support Global Expansion

French payments technology provider Worldline is expanding its global footprint with a definitive agreement to acquire 100 percent of the share capital of Stockholm-based Digital River World Payments, an online global payment service provider from Digital River Inc.

07.12.17

Debit Cards Knock off Cash as No. 1 Payment Method in U.K.

Cash is no longer king in the U.K., according to the British Retail Consortium’s annual Payments Survey, which found that debit card transactions accounted for almost 43 percent of all retail transactions in 2016, overtaking cash, which accounted for 42 percent of all retail transactions, for the first time.

07.11.17

InComm Receives Patent on Fraud-Fighting Prepaid Packaging Technique

Atlanta-based prepaid pioneer InComm has been granted a patent by the U.S. Patent and Trademark Office for a new method of printing activation barcodes and packaging prepaid products, which the company says will help retail partners fight fraud.

07.05.17

Planet Payment, ACI Launch UnionPay’s SecurePlus

Processors Planet Payment Inc. and ACI Worldwide are working together to bring UnionPay International’s SecurePlus solution to merchants eager to accept the Chinese issuer’s debit and credit cards with less customer friction and more currency options.

06.29.17

P2P Is Gaining Steam, but Security Concerns Remain

Consumers prefer to use P2P payments for retail purchases, paying back relatives and friends, and settling bills—but not so much for contributing to group gifts or paying housing costs, according to a new report from NerdWallet. It also found that that while only 35 percent of U.S. consumers use such P2P products as Venmo, PayPal and Square Cash, 63 percent are interested in the payment technology.

06.27.17

Payscout Launches Virtual Reality Commerce with Visa’s Help

Retail payments have taken another step into the future. Payment processor Payscout has launched a virtual reality system that employs Visa Checkout and enables consumers to examine products before ordering them for delivery to shoppers’ homes.

06.26.17

Venmo Gets Physical with Debit Card Test

Venmo is planning to introduce a physical debit card it’s now testing to supplement its payments app. The card will enable users to make purchases at brick-and-mortar shops using the money from their Venmo accounts.