Monday , June 18, 2018

Featured

June, 2018

  • 13 June

    What Would Legal Sports Betting Look Like? Many Are Turning to Nevada for an Answer

    As legislatures eye geysers of tax revenue in the wake of the May 14 Supreme Court decision leaving legal sports betting up to each state, officials wondering how much that haul could be are looking to Nevada. It’s the only state that permits wide-open wagering on a full menu of …

  • 12 June

    The MAG’s Horwedel Prepares To Step Down as CEO

    Mark Horwedel, chief executive of the Merchant Advisory Group, an association of more than 100 of the nation’s biggest merchants that concerns itself with payment issues, plans to step down at year’s end. Replacing him will be John Drechny, chairperson of the group’s board of directors and currently senior director …

  • 11 June

    VeriFone’s Revenues Slip as Acquisition by Francisco Partners Nears

    In what could be its final earnings report as a public company, point-of-sale terminal maker and online payment technology provider VeriFone Systems Inc. reported Friday that its revenues for the quarter ended April 30 fell 7.5% from a year earlier, but its quarterly loss narrowed considerably. San Jose, Calif.-based VeriFone …

  • 7 June

    Eye on Self-Checkout: Mobile Checkout That Ditches Apps, And New Locations for Amazon Go

    The payments industry’s drive to bypass—or eliminate—the traditional retail checkout typically involves a mobile app, but on Thursday Moltin, a 5-year-old Boston-based developer, introduced a browser-based self-checkout capability that lets customers ring up their own goods. The first merchant to deploy the technology is a San Clemente, Calif.-based clothing maker …

  • 7 June

    Vinyl Lovers Find An Easier Payments Experience With Discogs Payments

    Discogs, a Web site and app that’s on a mission to build a comprehensive music database and marketplace, launched Discogs Payments this week for its U.S. online buyers and sellers of vinyl records and CDs. The integrated checkout, backed by Adyen, a Netherlands-based processor, is in addition to a system …

  • 5 June

    Adyen Moves Toward Stock Offering, Sets Its Valuation at up to $8.3 Billion

    Dutch payment processor Adyen B.V., which has a major U.S. presence, took another step toward its planned stock sale Tuesday when it published an offering prospectus and estimated its market capitalization at between €6.5 billion and €7.1 billion ($7.6 billion to $8.3 billion). Fast-growing Adyen is one of the most-watched …

May, 2018