Discover Financial Services cardholders soon won’t have to sign for their credit and debit transactions made at the point of sale. As of April 2018, Discover is dropping the signature requirement for transactions made on the Discover Global Network in the United States, Canada, Mexico, and the Caribbean, the Riverwoods, …
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Square Inc. late Tuesday said it is expanding its Bitcoin pilot as the cryptocurrency continues to climb, briefly breaching the $13,000 level early Wednesday. The pilot, which Square launched four weeks ago for what it said was a “small” number of Square Cash users, is now being made available to …
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Apple Inc. on Monday officially entered an increasingly crowded arena of players looking to carve out a share of the market for person-to-person payments. Apple Pay Cash, which the Cupertino, Calif.-based tech giant first announced six months ago, went live following the release of iOS 11.2, Apple’s latest operating-system update …
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Finastra, a banking-technology services firm, announced PNC Bank, a unit of The PNC Financial Services Group Inc., is using its services as part of the bank’s participation in RTP, the real-time payments service from The Clearing House. Fifty-percent of U.S. banks plan to increase their investments in real-time payment systems in …
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Target Brands Inc. finally unveiled its long-rumored mobile-payments service. Announced Monday, Wallet resides in the Target app for iOS and Android devices. Consumers can only enroll a Target RedCard, available as a debit or credit card, in the app. Target gift card enrollment is coming, too, the company says. To …
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Payments provider WePay is officially part of JPMorgan Chase & Co., WePay announced Monday. The banking giant wasted no time putting WePay to work as the backbone of a new payments service from Volusion LLC, an e-commerce platform. Chase announced in October it was buying Redwood City, Calif.-based WePay for …
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Online payment processor Payza announced Monday that its customers can now use funds in their Payza accounts buy alternatives to Bitcoin, the cryptocurrency market leader. The news comes six months after Payza launched a service enabling customers to sell so-called altcoins such as Ethereum, Ripple, Litecoin, Dash, Monero, and Zcash. …
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CME Group Inc. said on Friday it will launch a futures contract for Bitcoin on Dec. 18, a move some expect will lend considerable stability to the market for the 8-year-old digital currency. Also on Friday, Chicago-based CME’s crosstown rival, Cboe Global Markets Inc., said it will announce “shortly” an …
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Processor First Data Corp. completed its previously announced, $760 million acquisition of independent sales organization BluePay Holdings Inc. Payment-services provider Shift4 Corp. announced its EMV-certified services are now available to users of Posera Ltd.’s Maitre’D point-of-sale hospitality software. Infinite Peripherals launched the InfineaRetail Airline Edition point-of-sale suite of products. Mastercard …
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Holiday gifts and everyday products may garner much of the attention when it comes to mobile-commerce transactions, but a tire retailer is finding success with the technology, too. SimpleTire, a Trevose, Pa.-based online seller, found that consumers were in the mood to buy tires online on Cyber Monday. SimpleTire says …
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