mPOS Tracker: August 2014 Report Asks If SMBs Will Turn Back to Banks for mPOS

PYMNTS.com has released the August 2014 issue of the mPOS Tracker, a PYMNTS Special Report sponsored by ROAM. In the report, PYMNTS ranks the players it tracks, scoring them based on numbers and types of devices used, geographies where solutions are implemented, the number of payment types accepted, and more. This month’s report begins by

First Data Launches Bin, the New Electronic Payment Solution for Brazil

First Data, the global leader in payment processing solutions and e-commerce, has dramatically expanded its presence in Brazil with the launch of Bin, the company’s acquiring solution developed specifically for the local market. Leveraging over 40 years of experience in the payments industry and international markets, First Data will differentiate itself in the Brazilian market

BitPay Expands San Francisco Office

BitPay, the world leader in business solutions for the bitcoin digital currency, has expanded its San Francisco office with several new hires. As part of the recent growth, the company has named Sonny Singh as its Chief Commercial Officer to oversee all sales operations. With over 15 years of experience in helping to grow tech

More Than 575 Million U.S. Payment Cards to Feature Chip Security in 2015

The Payments Security Task Force  provided an update on its discussions and activities since its inception. The task force, which represents a diverse group of U.S. electronic payment industry players, has initially focused on continuing the momentum of EMV chip implementation in the United States. In a recent forecast, nine of the country’s largest payment

hyperWALLET Launches Payment Services to Nigeria

hyperWALLET Systems Inc., a global payments provider, offers advanced payment solutions for corporations with global payment needs. hyperWALLET has recently launched low-cost payment services to Nigeria, enabling companies to pay individuals in-country via direct-to-bank money transfers and reloadable prepaid debit cards. Traditionally, making payments to Nigeria can be an expensive and challenging process for businesses

Fiserv White Paper Outlines the Unique Mobile Banking Needs of Business Customers

Fiserv, Inc. , a leading global provider of financial services technology solutions, has released a white paper for financial institutions that highlights the unique digital banking needs of business customers, with a focus on mobile banking. Titled “Riding the Digital Wave for Business Banking, Propelled by Mobile,” the white paper discusses how financial institutions can

Amazon Introduces MPOS Register

Amazon.com has announced Amazon Local Register, a secure card reader and mobile app that provides local businesses with the tools they need to quickly and easily accept credit and debit cards from a smartphone or tablet and keep track of their growing business. Amazon Local Register customers will have access to the Amazon.com award-winning, fully

Bill Payments via Mobile and PC to Exceed 20Bn this Year

New findings from leading analysts, Juniper Research, show that the number of household bill payments made via PCs, Tablets and Mobiles will exceed 20 billion this year, representing approximately 16% of all global consumer household bills. This trend is being driven by a growing consumer acceptance of transactional digital banking, and the sharp rise in

Brazilian Domestic Card Labels Hit 10% Market Share

Brazil’s card market is expanding rapidly and domestic card labels are now growing faster than the established international labels. During the first three months of 2014, the Brazilian card market grew by 17% to a total volume of 223 billion Real (US$ 100 billion). While Visa and MasterCard are still predominant, local brands such as

MasterCard and First Data to Give Asia Pacific Card Customers More Control

MasterCard and First Data Corporation today announced a strategic alliance to provide a unified solution for First Data’s FirstVision platform powered by VisionPLUS with the introduction of MasterCard inControl for banking clients and customers in Asia Pacific. MasterCard inControl is an innovative and secure payment platform that empowers corporates and consumers to set spending limits