Competitive Strategies

USA Technologies Inc., which provides payment technology for unattended merchant locations, announced it has an $85 million cash and stock deal to acquire Cantaloupe Systems, a San Francisco-based software provider serving the vending-machine industry. Cantaloupe operates in the U.S., Canada, and several international markets, and its Seed Cloud applications include …

Data breaches have grown so frequent that at least some observers have begun to question whether cybersecurity staffs within corporate and government entities are up to the challenge of stopping them. “You just have to look at the continued ubiquity of breaches in the headlines to know that we’re losing …

Consumers who want to use cash online can now load an Amazon Cash account at U.S. 7-Eleven Inc. stores by presenting cash and a personalized Amazon barcode to the cashier. Users can load between $15 and $500 in a single transaction, with no fees, 7-Eleven says. The company has nearly …

Wal-Mart Stores Inc. confirmed Friday that it will settle its lawsuit against Visa Inc. over EMV debit card transaction routing. That news comes one day after the two leaders in their respective industries settled lawsuits they filed against each other stemming from the massive and still-ongoing credit card interchange litigation …

A strong third-quarter earnings report helped lift shares of ATM network owner and operator Cardtronics plc by 4% Friday morning after they plunged 17% Thursday on news that Link, the ATM network in the United Kingdom—a key market for Cardtronics—floated a proposal to reduce interchange by 20%. Cardtronics, which has …

Interac, Canada’s debit network, has made it easier to digitally send money direct to another bank account through its e-Transfer service by eliminating the need for recipients to answer a security question each time a transfer is made. Answering a security question validates the recipient to whom the money is …

Apple Pay users have more than doubled over the past 12 months, Apple Inc. reported, without citing a specific number. Yearly transactions have increased 330%, and more than 5 million U.S. merchant locations will be accepting the mobile-payment service by the end of the year, the company said during an …

Security professionals have been warning about the data-security risks of connecting millions of non-computer devices to the Internet, and those warnings appear to be making an impact. Newly released results of an international consumer and business survey by payment-security technology provider Gemalto NV say that 90% of consumers lack confidence …

The U.S. payments community woke up Thursday morning to find Bitcoin setting yet another record, this time breaching the $7,000 level less than two weeks after soaring past $6,000. By mid-morning Central Time, the price stood at $7,132, according to Coindesk. The cryptocurrency is testing new highs in the wake …

Encryption specialist Bluefin Payment Systems said it will provide encryption services to clients of payments provider Accepta LLC. A report from processor Fidelity National Information Services Inc. (FIS) found 25 real-time payments systems in operation globally, up from 19 last year and more than twice the number in 2013. Another …