The EMV migration is the next big thing in the payments forecast. Soon, the U.S. will join more than 80 countries that have already implemented the technology, and the security solution is now a foundation for a wide range of new innovative services enabled via...
High-end retailer Nordstrom’s is soliciting partners for its store-branded credit card. Potential partners include Capital One, Toronto-Dominion Bank, CitiGroup, and JPMorgan Chase & Co, note sources close to the matter who asked not to be identified in Bloomberg’s original reporting on the story. The total...
Revel Systems – a California-based iPad point-of-sale maker is now offering drive-through accessory options that now make it possible for businesses to work with “drive through” customers without the use of a central server and complicated dedicated systems. Restaurants can upgrade to the service for only...
The Army & Air Force Exchange Service (AAFES) wants to help veterans shop online. AAFES is the U.S. military’s largest retailer and it wants the Pentagon to allow it to offer online shopping to all honorably discharged veterans. Currently the site can only be used...
Facebook has denied that it has any intention to compete with banks, in a move to calm concerns reported on last month by Commonwealth Bank of Australia boss Ian Narev that it poses a strategic threat to the big four banks. Narev is one of many...
Intuit Inc agreed to buy Check Inc. for $360 million in a deal that was signed on Friday, reports Reuters, who noted a Wall Street Journal report that cited people familiar with the situation. Intuit is the developer of tax-preparation software TurboTax, while Check Inc is a...
Skrill, a European e-wallet provider with 35 million users and Yandex.Money, the largest electronic payment system in Russia with 13 million users, signed a partnership last week which will enable Skrill to expand into Russia. As part of the deal, Yandex.Money will be integrated in...
In an effort to blunt Google’s foray into the smart home as a result of its recent acquisition of Nest, it is widely expected that Apple will announce its own smart home strategy at its WWDC on June 2nd. This strategy, if announced, is expected...
Meu Dinheiro Claro, the JV signed by telco Claro (AMX) and Bradesco, one of major banks, was able to add a new tool which allows customers registering via mobile vs. visiting the store and which is expected to boost adoption. The app allows checking balances...
