IL-based Infinite Peripherals has unveiled an all-in-one EMV/Chip and PIN mobile POS solution. The Infinea mPOS and Infinea mPOS Flat solutions are for the iPhone 5 and iPod touch 5th and 6th generation.
Square reported total revenue of $892.8 million for the nine month period ending with the close of the third quarter (3Q/15), a 49% year-on-year (YOY) increase over the same period in 2014.
A new report found American consumers have avoided more than $9 billion in over-limit fees and saved more than $7 billion in late fees since the implementation of the Credit Card Accountability Responsibility and Disclosure Act (CARD Act).
Toronto-based GoldMoney and BitGold reported another strong month in November adding nearly 90,000 new users.
China’s Alibaba Group has ankled two managing directors for its European expansion. Sébastien Badault is now the managing director of Alibaba Group France, and Terry von Bibra is now managing director of Alibaba Group Germany.
Tencent’s WeChat has become the first social communication application to provide a technology platform to support person-to-person cross-border money transfer capabilities to more than 200 countries and territories. WeChat U.S.users can now access Western Union’s WU Connect platform.
New research shows the majority of U.S. consumers support newer methods of calculating credit scores and that most Americans also support competition among developers of credit scoring models.
San Francisco-based OmnyPay has launched its first integrated mobile loyalty, rewards and payment system designed specifically for retailers. OmnyPay enters the mobile payments market with major competitive advantages: a clear focus on a long-standing retailer problem, a proven management team, and a first-of-its kind solution to solve the “last inch” of the mobile payments process.
Verifone Engage has become the next generation family of payment devices that globally redefines what’s expected of point-of-sale (POS) hardware and software. Verifone Engage is the company’s first-ever, fully-integrated, Linux-based product family, encompassing a complete range of payment solutions for merchants, acquirers, and service providers.
Visa has pulled the curtain up on its Visa Integrated Marketing Solutions (VIMS), a card marketing platform designed to help small to medium-sized issuers optimize their marketing efforts.
CellPoint Mobile’s new Travel Bank mWallet enables airlines to manage a range of passenger payments and transactions quickly and cost-effectively, including third-party mobile-wallet payments such as Apple Pay, MasterPass, Visa Checkout, Android Pay and Amex Express Checkout.
Citi has launched Citi Payment Exchange, its integrated and highly flexible institutional payment-processing solution, in Canada. This follows the successful launch of the service in the U.S. in 2012. Unlike other bank offerings available in the Canadian market, clients can utilize Citi Payment Exchange to migrate from paper-based instruments to electronic payments.