Post Tagged with: "POS"

Visa and MasterCard Offer Faster EMV

Visa and MasterCard Offer Faster EMV

by April 27, 2016 at 12:57 pm 2 comments

People called, and MasterCard and Visa answered. In the past week, both card networks announced updates to their point-of-sale systems that promise to reduce the time it takes to use an EMV chip-enabled card at the checkout line. Cue cheering crowds. Visa released its new technology, dubbed Quick Chip, last week, claimingRead More

Splitit’s CEO Sees Installment Credit Trending Up in the U.S. [VIDEO]

Splitit’s CEO Sees Installment Credit Trending Up in the U.S. [VIDEO]

by April 1, 2016 at 4:53 pm 0 comments

What’s the future of installment credit globally, and in the U.S. specifically? Alon Feit, the CEO and Co-Founder of Splitit, which provides such POS, retail financing, told Bank Innovation that installment credit is trending higher. There’s much going on in the space — and at Splitit, in particular — andRead More

Why Apple Will Take Over Payments, Part II

Why Apple Will Take Over Payments, Part II

by March 10, 2016 at 11:59 am 2 comments

Apple launched Apple Pay on Sept. 9, 2014. It became available on Oct. 20 of that year. As the two-year mark approaches for Apple Pay, the contracts written with financial institutions back then will start to expire. And with it the 15 basis points Apple gets for including the banks’ cards in theirRead More

VeriFone to App Up

VeriFone to App Up

by December 15, 2015 at 11:25 am 0 comments

VeriFone Systems Inc., the payments hardware company, is going whole hog into apps. In the second quarter of next year, VeriFone plans to unveil an app marketplace for its products and services. The app marketplace will “[enable] our clients and third-party app developers to create and deploy payment and commerce applications onRead More

Mega Social Media Data for Financial Services Has Arrived

Mega Social Media Data for Financial Services Has Arrived

by May 7, 2015 at 11:24 am 2 comments

It wasn’t too long ago that the suggestion that social media data could feed financial services underwriting and products was, well, dubious. Yes, we paid it lip service — isn’t it cool that OnDeck and Lenddo are using social media to make loans? The lip service ends today. Like a slow-moving glacier thatRead More

A First Look at JetBlue’s Custom Apple Pay POS [VIDEO]

A First Look at JetBlue’s Custom Apple Pay POS [VIDEO]

by February 10, 2015 at 10:27 am 1 comment

JetBlue didn’t just announce today that it was allowing for payments via Apple Pay on its flights, but it introduced a custom POS to facilitate the payments. Importantly, JetBlue has received FAA approval for use of the custom POS in the air. Below is a video from USA Today thatRead More

Square to Support Apple Pay — But What About PayPal?

Square to Support Apple Pay — But What About PayPal?

by September 10, 2014 at 9:40 am 1 comment

Square CEO tweets that it will support Apple Pay, but PayPal has been mum about any role in Apple’s new payments initiative.

PayPal, MyOrder Ink ‘Check In’ JV, Source Says

PayPal, MyOrder Ink ‘Check In’ JV, Source Says

by July 23, 2014 at 6:48 pm 0 comments

PayPal and MyOrder, the payments venture owned by Rabobank, the Dutch bank, have signed an agreement to bring “check in” payments to the Netherlands, Bank Innovation has learned.

LevelUp Hardware Hits Gregory’s Coffee

LevelUp Hardware Hits Gregory’s Coffee

by June 24, 2014 at 4:39 pm 0 comments

LevelUp’s new(ish) barcode scanners rolled out in the Gregory’s Coffee chain today.

6 Reasons Why the iPhone 6 Will Include Payments

6 Reasons Why the iPhone 6 Will Include Payments

by June 9, 2014 at 10:48 am 1 comment

Rumor continue to churn out reports that Apple will build a payments system into the iPhone 6, which will likely be introduced in September, especially after last week’s Apple Worldwide Developers Conference, better known as the WWDC. The fact is the iPhone 6 rumor mill has kicked into overdrive. JustRead More