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Goldman Sachs leads investment in cloud-based POS startup Financeit

Financeit, a market leading financial technology company offering a cloud-based point-of-sale financing platform, today announced the close of a minority equity financing round led by the Merchant Banking Division of Goldman Sachs ("Goldman Sachs").

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Verifone rolls out Linux-based POS suite

To empower merchants, acquirers, and service providers with new commerce opportunities and experiences in store and protection against escalating security threats—Verifone (NYSE: PAY), the world’s leader in payment and commerce solutions, today announced Verifone Engage, the next generation family of payment devices that globally redefines what’s expected of point-of-sale (POS) hardware and software.

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Smart terminal startup Poynt snags $28 million in funding

Poynt is on a mission to put a Smart Terminal on every retail counter to fix our aging commerce infrastructure and bridge the gap between consumer expectations and the merchant's ability to address them.

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Ingenico raises full year guidance

Ingenico Group (Euronext: FR0000125346 - ING) announced today its revenue figures for the third quarter of 2015.

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Seamless taps MeaWallet for HCE platform

MeaWallet, a leading provider of cloud-based payment services, has agreed with Seamless to deliver cloud-based HCE payment technology to open up SEQR for contactless EMV payments.

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Payment terminal startup Poynt closes $28m Series B funding round

Poynt is on a mission to put a Smart Terminal on every retail counter to fix our aging commerce infrastructure and bridge the gap between consumer expectations and the merchant's ability to address them.

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Payworks brings Stripe to the POS

payworks, a leading POS payment platform for developers, today announced its collaboration with technology platform Stripe to enable Stripe users to accept payments via Chip and PIN card readers in the UK.

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Bank lobby tells retailers to forget about Chip and PIN and put their own house in order

Today, the U.S. House Small Business Committee will hold the second part of a hearing entitled “The EMV Deadline and What it Means for Small Businesses,” which will address payment security in the United States.

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EMV chip cards 'overwhelming' for small retailers

A gift shop owner told Congress today that making the change to chip-and-signature credit cards has been “overwhelming” for many small businesses and that owners are disappointed that without PINs they are being pressured to make an expensive investment without receiving the full level of security that could be provided.

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SumUp launches in US

SumUp, Europe’s leading mobile point-of-sale (mPOS) company, today launched its mobile payments platform in the United States.

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ANZ extends mobile banking offering with new FastPay app

ANZ has added to its credentials as a leader in mobile banking, with the launch of a new app enabling merchants to process EFTPOS payments using both iPhone and Android smartphones.

Researchers reveal chip and PIN hack

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Researchers reveal chip and PIN hack

Forensic researchers from France have called a scam that saw thieves embed two chips in a payment card to carry out a man-in-the-middle attack "the most sophisticated smart card fraud encountered to date".

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Cayan partners CardFlight for EMV-ready mobile POS

Cayan, The Payment Possibilities Company, and CardFlight, a top mobile point of sale (POS) technology provider, today announced an agreement to offer EMV-ready mobile payment acceptance solutions to Cayan partners and merchants.

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EMV is no silver bullet - NAFCU

National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement regarding the recent Europay, MasterCard and Visa (EMV) chip-card transition.

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CyberSource brings real-time fraud analytics to merchants

CyberSource, a Visa Inc. (NYSE:V) company, today announced the launch of Decision Manager Replay, the industry’s first fraud tuning analytics tool which allows merchants to quickly analyze and adjust their online fraud management strategies.

North American mobile payments usage stagnates

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North American mobile payments usage stagnates

Apple and Google may have boosted awareness of mobile payments in North America over the last year, but actual usage has remained flat, according to a survey from Accenture.

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MCX adds BIM’s Guaranteed ACH Payments to CurrentC app

Merchant Customer Exchange (MCX) today announced that it will add Buy It Mobility Networks Inc.’s (BIM) guaranteed, ACH payment tender to CurrentC, MCX’s customer-centric mobile payment solution.

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First Data bids to set banking Digital Agenda

Today First Data Corporation, a global leader in commerce-enabling technology and solutions, launches ‘The Digital Agenda’ to help clients grow their business by delivering innovative digital solutions that transform the customer experience, making it easier and more compelling for customers to adopt their products and services.

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Orange Cash released nationwide in France

As of today, Orange's mobile wallet app Orange Cash, which is supported by Wirecard Group, is available nationwide in France.

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OSPT Alliance looks to revolutionise contactless model with NFC

Members of international association OSPT Alliance have cooperated on a project that will accelerate consumer adoption of near field communication (NFC) services and transform the way that contactless technology is used, by eliminating the complexities associated with traditional business models.

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