By Jeffrey Green (@epaymentsguy) Payments processor Heartland Payment Systems Inc., which over the past few years has acquired various companies to help build its School Solutions and Campus Solutions businesses, on April 10 continued on that track with the acquisition of MCS Software. The Madisonville,...
How many trillions of dollars in retail sales were logged in 2013? How many consumers use prepaid cards to pay bills online? Or the percentage of entrepreneurs who’ve used PayPal within the last 12 months? If not, keep up with the facts with the latest...
H&R Block Inc. on April 10 announced plans to divest its H&R Bank through a definitive agreement with BofI Federal Bank. The company expects the closing to occur before next tax season, as it still must go through legal and regulatory approvals. Once the deal...
Earlier this week the Heartbleed exploit – a fault in OpenSSL that could theoretically grant an attacker to access to confidential information in an affected system with just a simple network request- was discovered. OpenSSL is an used in fundamental security software by organizations and companies...
The Hunt offers and interesting variation on crowdsourced shopping–it allows users to post snap shots of retail items like clothing or home goods and then post them and get other users trying to hunt them down. It is an approach that has garnered attention and...
Carl Icahn has officially brokered a truce with eBay Inc. in regards to his plan to spin-off the company’s payments arm, PayPal into a separate business. This significant reversal from investors’ rights activist Icahn came with a big concession from eBay- the e-retailer has agreed...
Andy Laudato, SVP and CIO at Pier 1, believes that “retail hasn’t changed in thousands of years until 1994 with Amazon.com,” he told Computer Weekly. With sites like Pinterest, Laudato says that customers are now arranging products on ‘boards’ versus in-stores. “There are limitless ways...
Earlier this week, IdentityMind announced at the Inside Bitcoins event in New York that they will be partnering with Jumio and launch its IGNITE program. The program will provide anti-money laundering (AML) Bitcoin compliance for major Bitcoin exchanges. The transactions will be monitored for startups through...
VeriFone Systems Inc. this week announced the launch of its first handheld EMV-capable payment terminal, the VX 690, which features Bluetooth, 3G radio and Wi-Fi connectivity. The terminal maker also announced that some 100 independent sales organizations and acquirers are now offering its GlobalBay Merchant...