Credit Cards

FCA USA LLC, the automaker behind Chrysler, Dodge, Jeep, and Ram vehicles, will offer the Uconnect Market as part of its in-dash infotainment systems beginning later this year, the Auburn Hills, Mich.-based company announced Monday. The new service, which will deploy in the second half of the year as an …

Point-of-sale installment-loan provider Sezzle Inc. said its service is now available at “thousands” of online stores in Canada. SSI Group, a provider of payments-related software for the health-care industry, announced a capability that relies on machine learning to predict when providers will receive payments from payers. In related news, U.S. …

When we think about artificial intelligence (AI) and machine learning, the first image that comes to mind might be a chess-playing computer or a driverless car. In addition to such futuristic applications, these cutting-edge technologies are already changing and enhancing many aspects of our day-to-day lives, including how we make …

Shopify Inc. late on Tuesday announced a slew of services aimed at significantly broadening the support the Ottawa, Ontario-based provider offers to small and mid-size merchants. Among these are new point-of-sale software, a fulfillment network, and new checkout-integrated subscription-payment support. The fulfillment network is a first-of-its-kind offering for Shopify, the company …

Online and mobile bill-payment provider Allied Payment Network announced what it says is a “first of its kind” real-time digital bill-payment technology. The company developed the product in collaboration with Finastra, a software provider to financial institutions. Payments provider International Bancard said it was named the official credit card processor …

EMV chip card payments made substantial gains in the U.S. last year, but the nation still lags most other regions in EMV penetration, according to new figures from payment card standards body EMVCo. Some 53.5% of general-purpose U.S. card-present transactions in 2018 were so-called chip-on-chip, meaning both the point-of-sale terminal …

Commercial Bank of California’s announcement Tuesday that Group ISO Inc. joined its wholesale independent sales organization program signals greater ambitions for the Irvine, Calif.-based bank. Group ISO will use CBC’s BIN sponsorship, a term for bank identification numbers, which is required for acquirers to send and receive transactions from card …

The Facebook-led announcement of the Libra cryptocurrency is evoking blowback both in the United States and overseas. House Financial Services Committee chairwoman Maxine Waters (D-Calif.) called for Facebook to halt the planned launch of Libra until Congress has had a chance to hold hearings on the cryptocurrency. Elsewhere, the governor …

Target Corp. was hit by two point-of-sale glitches this past weekend. On Sunday afternoon the retailer was unable to process certain card transactions at some of its 1,800 stores for about 90 minutes due to an issue at a data center of its payment-services vendor, NCR Corp., Reuters reported. Sunday’s …

The debut of cashless stores has led to pushback by several cities, the state of New Jersey, and a member of Congress concerned that card or mobile-payments-only options will leave cash-dependent consumers unable to shop in such stores. Now, new research from the Federal Reserve Bank of Atlanta concludes that …