Leading U.S.-based ATM manufacturer NCR Corp. announced Thursday that affiliates of private-equity firm The Blackstone Group L.P. will invest $820 million into the company for a 17% stake. NCR says it will use the investment to help fund a $1 billion share repurchase and speed its transformation into an integrated …

By Kevin Woodward With no shortage of mobile-payments options available to users, backers of Android Pay and Samsung Pay are trying to entice consumers by making their services more broadly available and by offering rebates. Institutions using The Members Group, a credit-union service organization, soon will be able to enroll …

Merchant processor Optimal Payments Plc announced it has changed its name to Paysafe Group Plc. The move reflects the company’s direction following the closing of its Skrill acquisition in August. The deal bolstered the company’s stake in digital wallets. “This was a major milestone for the company, and although we …

Prepaid card issuer and services provider Green Dot Corp. on Thursday said it is over the hump of business lost when it closed its popular MoneyPak reload product early this year. MoneyPak was a long-established product that Pasadena, Calif.-based Green Dot sold in stores to enable the reloading of prepaid …

Just as Visa Inc. prepares to swallow up the 38-country Visa Europe system, at least one market researcher has released a report expressing some doubt about how long Visa and its bank card rival, MasterCard Inc., will be able to maintain their share of card-accepting merchants around the world. On …

With two strokes of the pen, Merchant Customer Exchange LLC has addressed one glaring weakness in its mobile wallet. By announcing a deal this week with JPMorgan Chase & Co.’s brand-new Chase Pay mobile-payments service and two weeks ago with a little-known New York City-based app provider called BIM Networks …

  A new mobile-payments service that includes loyalty and rewards has launched with the goal of providing retailers with a single source of mobile engagement with their consumers. Dubbed OmnyPay, the service is just one of the many announcements made this week at the annual Money 20/20 conference in Las …

  ClearXchange, a bank-owned person-to-person payments company that launched a real-time payments service in June, says its merger with Early Warning Services LLC will assuage concerns about security as more consumers and financial institutions use the service. Scottsdale, Ariz.-based Early Warning announced Monday it will buy San Francisco-based clearXchange for …

The latest forecast for mobile payments at the point of sale echoes what many other studies have said, which is that current volume is minuscule. But a convergence of forces, including mobile wallets coming preloaded with more and more smart phones and more point-of-sale terminals being able to accept new …

VeriFone Systems Inc. on Thursday introduced a new point-of-sale terminal product line that embraces design cues from consumer electronics. With the new terminal line, VeriFone also introduced its first app store. Dubbed Engage, the series of six devices, which includes two countertop terminals, two PIN pads, and two portable devices, …