IoT revenue on the rise

Internet of Things revenue is projected to spike big time next year, growing 116 percent and hitting the $2 billion dollar mark. The top activity, according to MachNation’s "IoT Application Enablement Platform ScoreCard for 2016," is within the smart homes,...

Chase Pay gets order-ahead feature thanks to LevelUp partnership

Chase is collaborating with Boston-based LevelUp to use its technology so that Chase Pay users can order ahead at participating restaurants, according to a press release. Customers will have the option to pay either when they order ahead or at...

Apple Pay debuts in Spain with Banco Santander

Banco Santander introduced Apple Pay to its customers in Spain this week, according to a press release. "Apple Pay shows we are committed to collaborate and to bring innovation and new technology to our customers to make their payments easier, faster and more secure," said Rami Aboukhair, country head of Santander Spain.

Amex Pay now live for Canadian Android users

American Express has announced the launch of AmEx Pay in Canada as part of an update to its Android mobile app, according to a press release. AmEx Pay is available exclusively through the AmEx app for eligible consumer, small business...

Chase Pay officially debuts with acceptance at Best Buy, Starbucks

Chase has officially launched its Chase Pay app, which the financial institution introduced in October 2015 at the Money20/20 conference in Las Vegas. At the time, the much-maligned Merchant Customer Exchange was Chase Pay's premier partner. MCX earlier this year...

Cardtek gets involved with wearable payments

Cardtek, a payments technologies provider, has partnered with NXP Semiconductors to introduce a payments system for wearables called the Digital Enablement Platform. Cardtek said in a press release that its platform enables consumers to make safer and simpler transactions with...

IoT will spur mobile going forward, reveals study

Mobile will continue to grow in North America and a prime factor is the advancement of IoT adoption, specifically machine-to-machine and general digitalization of services and industries. That's the focus of a new GSMA Intelligence study which predicts almost 41...

US Payments Forum broadens focus on mobile payments

The U.S. Payments Forum has formed a Mobile and Contactless Payments Working Committee to explore the opportunities and challenges, identify possible approaches, and develop practical implementation guidance and best practices for the variety of mobile and contactless payments product being...

Wine on the go: CardFlight partners with Traveling Vineyard for mPOS service

CardFlight, a mobile point-of-sale technology provider, has announced that Traveling Vineyard, a direct marketer of wines through in-home wine tasting events, will use its services to enable Traveling Vineyard distributors to accept payments from chip cards and mobile devices, according...

Latest Android malware targets mobile banking apps

The latest Android malware bugs targets 94 different mobile banking and payment apps, including the likes of American Express, PayPal and Santander, according to multiple media reports. Fortinet, which develops and markets cybersecurity software, first spotted the virus, which is...

InAuth, Early Warning partner to enhance security of mobile payments

InAuth, a device authentication company, and Early Warning, a real-time payments, authentication and risk mitigation provider, have announced a strategic alliance intended to enhance the security of real-time payment services within the mobile channel by leveraging the advanced device intelligence...

Alipay acceptance comes to US via industry partnerships

First Data and Verifone each announced separate deals this past week to bring the Alipay mobile-payment system to U.S. merchants. Merchants that use First Data's Clover Mini POS system will be able to accept Alipay payments. "There are more than...

Elavon, Poynt partner on smart terminal distribution for small merchants

U.S. Bancorp subsidiary Elavon and California-based Poynt have announced a partnership to offer small to mid-sized businesses in the U.S.

First Data intros new, smaller Clover Go POS

First Data is adding an updated version of Clover Go to its Clover point-of-sale product line. The standalone device accepts EMV, mag stripe and contactless transactions, which includes NFC-enabled mobile payments. The device processes EMV transactions in less than 3.5...

Park and forget it: Autonomous parking payment service arrives in Calgary

Motorists in Calgary now have the opportunity to pay for parking using a fully autonomous payment service thanks to technology from PayBySky. PayBySky uses a small in-vehicle device called a 'Skymeter' to pinpoint a vehicle's exact location so it can...

Vodafone updates mobile wallet with support for PayPal NFC payments

Vodafone and PayPal have joined forces to enable U.K. customers to make contactless payments in shops, restaurants and on transport services with their Android smartphones, funded from their PayPal accounts, according to a press release about the announcement. From today,...

Staples adds Apple Pay to mobile site

Staples has announced the availability of Apple Pay on its mobile website, m.staples.com, according to a company press release. Apple Pay introduced Apple Pay Safari browser payments last month. "Staples' customers demand seamless check-out when making purchases on the go,...

Company's new beacon a boost for mobile payments at vending machines

Netclearance, a smart beacon technology provider, has announced the launch of its latest beacon: the mBeaconVend. The new mobile-agnostic beacon technology enables vending machines to accept payments directly from a smartphone's mobile wallet, according to a press release. "The vending...

Ripple acquires $55 million in bank investments

Ripple, a blockchain startup backed by Google, has acquired $55 million in investments from some big banks. Banks such as Santander Innventures, SCB Digital Ventures and Accenture Ventures contributed to the investments, according to a report by CNBC. Ripple has raised $93 million in total since it began its investments push.

Toast Restaurant POS to enhance dining experience with Samsung Pay

Toast Restaurant POS, a mobile restaurant technology company, has announced compatibility with Samsung Pay to enable table side payments using tablet POS devices. "Toast is committed to empowering restaurants with innovative technology," said Chris Comparato, CEO of Toast. "This partnership...

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