INSIDE Secure, based in France, announced yesterday that it will offer “security hardware, software and payments industry expertise” to mobile commerce platform provider Loop, according to an INSIDE Secure press release. INSIDE Secure’s VaultSEcure element will allow Loop to use payment card data storage for...
Newly acquired mobile payments processor Braintree has announced it will bring one-touch mobile commerce to U.K. merchants, a press release revealed. American Express will serve as Braintree’s marketing partner for the launch. “Bringing Venmo Touch to our European merchants allows them to focus on creating...
On the 12th anniversary of their partnership, MasterCard and CSI are breaking news about how they will help banks and corporate users realize the benefits of virtual cards to manage their accounts payables. Here are a few of the specifics as told by the two...
Alegeus Technologies, the Waltham-based healthcare and benefit payment solutions provider, has created an infographic that summarizes how the consumer directed healthcare movement is leading to more cost-conscious healthcare consumption, higher degrees of healthcare engagement and a reduction in healthcare spending. The Infographic, entitled “Understanding the...
Discover subsidiary Diners Club International announced a new relationship with Atos-owned electronic payment service Worldline on September 13, a press release revealed. Gerry Wagner, Discover’s vice president of global acceptance, said the move will allow Discover to expand its services further into Europe. “Increasing Discover’s...
There are plenty of ways merchants can justify taking a wait-and-see omnicommerce strategy. They can cite the high cost of investment, the lack of demand from customers or concerns consumers have expressed regarding mobile payments. But, merchants who ignore mobile are neglecting something more important:...
Welcome to our PYMNTS Summer School 2013 Recaps – a series designed to bring our readers everything they need to know from the faculty, fellows and forward-thinking innovators we’ve assembled at PYMNTS Summer School. Each day, a different PYMNTS.com editor will give you a rundown...
What can mobile devices do to improve the top line at QSRs? Plenty. From shortening wait times to powering new lines of business to serving as back up technology, mobile devices – and the enabling platforms that power them – are opening a new world of options...
The number of mobile point of sale terminals worldwide jumped from 4.5 million to 9.5 million between 2011 and 2012. Analysts predict that over the next five years, mPOS terminals will continue to proliferate, reaching 38 million by 2017. Those findings come from PYMNTS’ June...