FIS to Showcase Key Payment Innovations at Money2020

FIS™  a provider of banking and payments technology, will bring a robust presence to this year’s Money2020 conference, an annual event for emerging payments and financial services. One of Forbes 100 Most Innovative Companies, FIS will demonstrate the success of its Mobile Wallet with Cardless Cash Access, which allows users to not only pay using their smart

eBay Enterprise Unveils New Suite of Commerce Technologies

eBay Enterprise, the leading global provider of commerce technologies, omnichannel operations and marketing solutions for the world’s premier retailers and brands, introduced its new suite of commerce technologies at its annual Client Summit recently in New York. “Retailers and brands understand the importance of having industry-leading capabilities across their entire value chain to support a

Mobile Wallet Stalls in 2013: A Look into 2014’S Potential Lucrative Future

With an annual U.S. retail POS market of almost $4 trillion up for grabs, the stakes are extremely high. But slow adoption, lack of merchant enthusiasm, fragmented offerings, and blocking by competitors has resulted in stalled growth for mobile wallets. Today, Javelin Strategy & Research released the firm’s Mobile Wallet Game Changers: A Glimpse into

PayPal and Intershop Close Partnership for e-Commerce Solutions

Intershop, a leading global software solutions provider for e-commerce, and PayPal, global leader for online payments, announced today a partnership for e-commerce solutions in Brazil. Via PayPal, Intershop offers retailers a safe, reliable and simple to use payment platform. In turn, PayPal will offer clients Intershop’s state-or-the-art e-commerce platform, proven technology from two decades of

Clinkle Announces 100K on Wait List and Investor Sir Richard Branson

Clinkle Corporation, a stealth startup working to modernize how people transact, announced that in less than two months after opening its college wait lists, over 100,000 people are in line to use Clinkle. In addition to celebrating this milestone, Clinkle has announced that Sir Richard Branson has made a personal investment in the company. “We’re

eBay Inc. to Aquire Global Payments Innovator Braintree

eBay Inc.  announced that it has agreed to acquire Braintree, a global payment platform powering the next generation of leading online and mobile-first startups, for total consideration of approximately $800 million in cash. “Braintree is a perfect fit with PayPal,” said eBay Inc. President and CEO John Donahoe. “Bill Ready and his team add complementary

5 Mobile Technologies That Could Change Payments

In recent weeks there has been an influx of new mobile technologies. The Samsung Galaxy Gear, PayPal Beacon, Google Motorolla / Skip, Apple iBeacon and Google Glashion now include key features that can enable payments. Samsung Galaxy Gear The Galaxy Gear, Samsung’s now official and it’s quite different to anything you’ve seen before. It is

PayU now Enables Customers to Purchase Airtime and Electricity Online

In their bid to making online payments in South Africa easier and more convenient, PayU, SA’s largest online and mobile service provider has just incorporated online airtime and electricity purchasing into their offering. “We are always looking for innovative ways to add customer value,” says Mark Chirnside, CEO of PayU. “Our ever-increasing product offering is

Ecobank Signs Agreement to Support SME’s with the African Guarantee Fund

The official signing ceremony for a co-operation agreement between Ecobank Transnational Incorporated (“Ecobank”), the leading pan-African banking group, and the African Guarantee Fund (“AGF”) to promote and support small business across Sub-Saharan Africa occurred recently. Under the terms of this USD 50 million agreement, the two institutions will work together to unlock the potential of

ACI Worldwide Strengthens Position in Electronic Bill Payments with Acquisition of Official Payments

ACI Worldwide a leading international provider of payment systems, and Official Payments Holdings, Inc. a leading provider of electronic bill payment solutions, announced that they have entered into a definitive transaction agreement. Under the terms of the agreement, ACI Worldwide will acquire Official Payments in an all cash transaction for $8.35 per share. The boards