Tuesday , July 17, 2018

John Stewart

Starting as an editor on Bank Network News at Faulkner & Gray, John ultimately played a key role in starting, editing, and publishing many of F&G's flagship publications, including Credit Card Management, Card Technology, Card Marketing, and Collections & Credit Risk. Before co-founding Boland Hill Media, John was a group publisher at Thomson Media responsible for a $10 million division embracing magazines, newsletters, and Web sites.

Mobile, POS Payments-Tech M&A Drives Overall Tech Deals to New Global Highs

Deals for financial and payments technology companies drove worldwide merger-and-acquisition activity in the technology sector to new highs in the second quarter, according to a report released on Thursday. n Transactions for payments and financial technologies firms was especially heavy in the second quarter. The quarter’s 60 deals exceeded the …

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Eyeing Transaction Dropouts, PayPal Unveils One Touch for Single-Click Mobile Payments

In a move that could significantly boost mobile-payments activity, PayPal Inc. on Tuesday unveiled a single-click payment method for merchant apps. Dubbed One Touch, the method allows mobile users to log in once with their user names and passwords, then simply touch or click on a “buy” button for all …

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Type of Merchant, Customer Base Dictate Which Merchants Should Act First on EMV

With a major deadline arriving in October 2015, U.S. payments players are expected to be busy in the coming months converting systems to be compliant with the Europay-MasterCard-Visa chip card standard. But with liability for counterfeit card fraud shifting in 14 months to the party not prepared for EMV, how …

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MasterPass Now in 10 Markets Globally, Four More to Come, MasterCard CEO Tells Analysts

Top executives at MasterCard Inc. on Thursday trumpeted the card network’s gains with MasterPass, its digital wallet, and downplayed the impact of JPMorgan Chase & Co.’s ongoing conversion to Visa Inc. Introduced two years ago, MasterPass is now operating in 10 countries with “tens of thousands” of merchants and will …

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Square Announces a Signature-Based Chip Card Reader, with Availability Early in 2015

Square Inc. on Wednesday ended months of speculation with an announcement that it will begin offering an EMV card reader early next year. Square will start taking orders for the device, which will process chip-and-signature as well as mag-stripe transactions, later this year, the San Francisco-based company said. The move comes …

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With Optimal Routing in Place, Zooz Readies a Routing Engine for Omnichannel Merchants

Zooz Mobile Ltd. is preparing to launch in September a transaction-routing engine that will let so-called omnichannel merchants run payments for e-commerce, mobile commerce, and in-store commerce through a single pipe. The engine, tentatively called the Omnichannel Generator, will seek out the optimal path for each transaction, allowing merchants to …

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Amazon Dongle Unconfirmed, But E-Commerce Giant Could Rely on Powerful Assets

Amazon.com Inc. on Monday refused to comment on a report that the big online retailer is preparing to launch a mobile card reader to compete with Square Inc., PayPal Inc., and dozens of other vendors. “We can’t comment on rumors and speculation,” an Amazon.com spokesperson told Digital Transactions News by …

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Annual Wallet Payments Total More Than a Quarter Billion, According to Updated Fed Study

Transactions using mobile wallets totaled at least 250.6 million and amounted to at least $9.5 billion in value in 2012, according to a payments report issued Thursday by the Federal Reserve. These results, part of a comprehensive update to a study released in December, represent the central bank’s first effort …

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Spurning Publicity, Amazon Launches a Mobile Wallet with Modest Features—So Far

Without fanfare, Amazon.com Inc. last week introduced a trial version of its first digital wallet. The free Android app, known as Amazon Wallet, has been available since July 17 on Amazon’s own App Store and on Google Play. It is also available pre-installed on Amazon’s recently unveiled smart phone, the …

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PayPal Brushes off a ‘Challenging’ Period for Parent eBay, Posting Solid Gains

PayPal Inc. enjoyed a solid quarter of growth despite what eBay Inc. chief executive John Donahoe characterized Wednesday as a “challenging” first half. One of the biggest of these challenges, according to Donahoe, was a data breach that occurred in late February or early March and that led PayPal parent …

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