E-Commerce

Payment gateway USAePay completed EMV certification for First Data Corp.’s Rapid Connect platform. USAePay said the certification enables merchants to accept EMV payments, particularly EMV PIN-debit transactions, via its mobile application. First Data Corp. launched a service for card issuers called FirstSense that combines threat intelligence with the company’s fraud-detection …

Paycosmos, a provider of virtual and point-of-sale terminals, has teamed with payments provider linked2pay to launch “ISO in a Box,” a platform that offers sales agents support with acquiring and underwriting merchants and help with payments technology. Cashierless technology like that of Amazon Go will account for $45 billion in …

When security managers and executives gather this week for the PCI Security Standards Council’s annual North America Community Meeting, one of the topics sure to be on their minds is point-to-point encryption (P2PE) of payment card data. The Council reported Friday that it plans to issue a new version of …

Nxt-ID Inc. announced it will spin off its payments, authentication, and credential-management assets, including its FitPay unit, into a separate and independent company. It expects to complete the transaction by Nov. 15. Michael Orlando, currently chief operating officer at Nxt-ID and president of FitPay, will become chief executive of the …

With rumors circulating that Amazon.com Inc. is interested in getting into banking and also preparing to open thousands more cashier-less stores, new research results released by management-consulting firm Bain & Co. claim that a large pool of consumers would be willing to bank with the online retailing giant. “Our survey …

Make no mistake, criminals are unrelenting in trying to get to sensitive data. In the eight months from November through June, more than 30 billion malicious login attempts were tracked by Akamai Technologies, a Web-services company, in its 2018 State of the Internet report released Wednesday. In May and June …

Stripe, the San Francisco-based online payments company, is taking a step to get inside stores. The company on Monday launched Stripe Terminal, a service that puts Stripe’s processing software onto point-of-sale hardware devices that merchants can use to accept payments in their stores. The move follows similar migrations in recent …

Processor First Data Corp. said it shipped its 1 millionth Clover point-of-sale sale device aimed mainly at small and mid-sized merchants; the device went to Friesen-Apotheken, a pharmacy chain based in Bad Malente, Germany. Payments platform BlueSnap has begun local processing for business-to-business and business-to-consumer companies in Australia. Buildium, a …

Business-software provider Infor said it purchased Vivonet Inc., which provides point-of-sale software to the hospitality industry. Terms were not disclosed. Global Payments Inc. announced its Heartland acquiring and technology unit has developed application programming interfaces, end-to-end encryption support, and other software for Ingenico Group’s Desk/3500 terminal. PayPal Holdings Inc. announced …

American Express Co. formed its Digital Labs unit less than a year ago, and it has plenty to do as it evaluates new payment forms and new ways to attract cardholders and merchants. Digital Labs is concerned with digital payments, digital ways of engaging with cardholders, and research and development, …