Cash use in Canada expected to fall 70 percent by 2030

By 2030, cash will account for only 10 percent of purchases in Canada, according to a prediction by Moneris Solutions Corp., a Canadian card processor. This compares with 35 percent of transactions in 2014, a company press release said. This...

Online grocery service debuts Alexa skill for hands-free voice order capability

Consumers who like to order from Stop and Shop's online Peapod grocery service can now enlist the help of Amazon's Alexa devices. The grocer is offering an "Ask Peapod" feature which enables voice ordering, according to a Progressive Grocer report....

MagTek goes big on features with new Dynasty mPOS device

MagTek, a supplier of secure digital transaction technology and hardware, has launched Dynasty, the company's newest addition to its roster of mPOS offerings. Dynasty supports magnetic Stripe, chip card and contactless payments via a certified PIN entry device with a...

Spanish winemaker mixes NFC with marketing campaign

Thin Film Electronics ASA, which specializes in NFC mobile marketing and smart products, has announced that Spanish winemaker Barbadillo has launched a consumer-focused marketing campaign using SpeedTap tags and brand analytics platform, according to a press release. The national campaign...

USAA testing Amazon Alexa skill

USAA is testing an Amazon Alexa skill that will enable its customers to get answers to some of the most frequent and basic questions fielded by service representatives answering member phone calls, according to a press release. The San Antonio-based...

EMVCo releases QR code payment specs

EMVCo, the global technical body that manages EMV specifications, has released QR code payment specifications that support use cases for both merchant- and consumer-presented QR codes. The technical documents define QR code payments in a manner that simplifies the development...

Domino's makes using Alexa to order pizzas even easier

Domino's Pizza is expanding the Amazon Alexa ordering platform added last year to include customized ordering without customers needing to have a saved account or previous order history, a news release said. "Now it's as simple as asking Alexa to...

Crane Co. acquires payment solutions maker Microtronic AG for $18 million

Crane Co., parent company of Crane Payment Innovations and Crane Connectivity Solutions, has acquired Microtronic AG, a manufacturer of closed-site and mobile payment solutions, for approximately $18 million, according to a press release. With operations in Oensingen, Switzerland, Microtronic develops...

Report: Online payment fraud detection spend to hit $9.3B by 2022

Spending on online fraud detection and prevention products will hit $9.3 billion by 2022, an increase of 22 percent over this year's anticipated spend, according to a new Juniper Research study. The research reveals perceptions of high software costs, alongside...

MasterCard puts more stock into QR code mobile payments

MasterCard has outlined plans for greater choice in retail payments through the planned expansion of its QR-based programs, according to a press release. Beginning this month, the company will broaden its products to offer QR codes that can be scanned...

Study: UK consumers begin to prefer smartphones for mobile shopping

The smartphone will soon blow past the tablet in the U.K. when it comes to mobile shopping, with smartphones grabbing 51.5 percent of spend next year. The big reason is consumers are loving smartphones more than tablets and using them more, according to the new GlobalData research.

Voice-controlled devices playing bigger part in consumer purchasing

Just about one in three shoppers will make a purchase through a voice-controlled device in the next year, and nearly one in five, 19 percent, made a voice purchase in the past year. Those statistics, according to the latest Walker...

Visa turns to QR codes in Taiwan for mobile payments

Visa plans to introduce a new QR code-based mobile payments system in Taiwan, according to local reports. The company said that it is using QR codes in the hope that the universal platform will attract larger numbers of users than more limited platforms offered by Android Pay, Apple Pay and Samsung Pay.

Study: Nearly 1 in 3 merchants can't identify international transactions

While merchants have made a lot of progress when it comes to mobile security, they have a long way to go in order to minimize fraud risk, with 28 percent of merchants still not able to identify whether a mobile...

Dutch bank tests wearable payments

ABN Amro in the Netherlands is testing wearables technology that would enable its customers to make payments directly from their current accounts using such devices, according to a press release. A select group of users is currently testing various wearables,...

Verifone reveals 2 new POS terminals

Verifone has launched two new portable and mobile point-of-sale products that are meant for on-the-go businesses, line-busting scenarios and pay-at-the table for restaurants, according to a press release. Verifone released the products at the annual Money2020 Europe show in Copenhagen....

Danal secures strategic funding for mobile identity platform

Danal Inc. has closed a strategic investment round with Orange and Bangkok Bank to accelerate its mission of expanding global coverage of its mobile identity platform, according to a press release. "The investments expand the company's footprint in a number...

Australian payments provider brings Samsung Pay to 38 FIs

Australian-based payments provider Cuscal has struck a deal with Samsung to help link 38 financial institutions with Samsung Pay, according to multiple local media reports. Banks such as Credit Union Australia, Teachers Mutual Bank, People's Choice Credit Union and Bank...

Report: Worldwide spending on the IoT could to reach some $1.4T in 2021

Worldwide spending on the Internet of Things is expected to grow 16.7 percent year-over-year in 2017, reaching just over $800 billion, according to a new report from from IDC. By 2021, global IoT spending is expected to total nearly $1.4...

Diebold, Samsung demo mobile-based biometric ID for cardless ATM transactions

Diebold Nixdorf and Samsung SDS America have partnered to demonstrate how integrating advanced mobile technology — such as facial recognition and the self-service channel can lead to enhanced security and an improved consumer experience. The mobile-based transaction uses Samsung SDS...

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Payments chatter invades CES