News

Payment Methods
Bank Of America Merchant Services Goes Cross-Border
April 05, 2016

Bank of America Merchant Services has expanded to Europe with the launch of a new unit. The new unit, called BofA Merrill Lynch Merchant Services (Europe) Limited, was launched with the intention to serve global clients with cross-border merchant services. These services will enable eCommerce, card-present and card-not-present...

Consumer Authentication
FIDO Biometric Authentication Products Hit New Milestone
April 05, 2016

The FIDO Alliance has certified over 150 biometric and second-factor authentication products, showing an increase of 50 percent over the course of just one quarter. In a press release on Monday (April 4), the alliance noted significant growth in the Asia-Pacific region, which highlights increased...

Verifone Ups The Game On Connected Commerce
April 05, 2016

Verifone just got deeper into the world of connected commerce with the rollout of Verifone Carbon, its new, integrated POS designed to transform the checkout experience. According to Verifone, the rollout of this POS is geared toward connecting merchants to more opportunities and consumers to...

International
Kabbage Partners With Santander To Serve UK SMBs
April 05, 2016

Grupo Santander subsidiary Santander UK said on Monday (April 4) that it will license the Kabbage Platform in an effort to increase small to mid-sized business lending in the United Kingdom. Santander UK, whose parent company is one of the 10 largest banks in the...

B2B Payments
In Sports, B2B Ain’t Beanbag
April 05, 2016

Vendor relationships are critical to all industries and especially so in sports and entertainment — from keeping the concession stands full to printing out programs. For sports teams, paper-based payments dominate, but that may change as technology makes getting cash to suppliers speedier than a...

Gemalto Tapped For Singapore’s NFC Ticketing Business
April 05, 2016

Nearly every major city in the world has some kind of mass transit network, but how fast these get commuters from point A to point B varies wildly. In Singapore, at least, riders won’t have to worry anymore about missing trains because they took too...

Security & Fraud
Hack The Pentagon Open For (Bug) Bounty Hunters
April 05, 2016

Registration for the federal government’s premier bug bounty program is officially up and running. The pilot program will allow hackers who are cleared through a criminal background check to look for security bugs and vulnerabilities in certain U.S. Department of Defense (DoD) systems, ZDNet reported...

Mobile Payments
Contactless Payments Surge Fivefold In UK
April 05, 2016

One in five of all physical card payments under £30 in the U.K. are now contactless payments. This rise in contactless payments usage shows a fivefold increase by shoppers, The Telegraph reported on Monday (April 4), contributing to the growing popularity of mobile and contactless...

Wisconsin: Forward – But for Whom?
April 05, 2016

Tuesday’s primary marks the way for a Trump surge, or contested nomination. Perhaps more importantly, the state with a deceptively simple motto – Forward – has been showing momentum across the storefront tracker that may be firm enough that it really doesn’t matter who takes...