Near-Field Communication (NFC)

Boosted in part by growing card-issuer demand for chip cards that support both contact and contactless payments, card manufacturer CPI Card Group Inc. on Thursday reported a 32% first-quarter increase in sales of U.S. credit and debit cards. Littleton, Colo.-based CPI didn’t specify how much dual-interface cards, which can handle …

The board of directors of Mitek Systems Inc., the developer of remote deposit capture and identity-verification software, has concluded its “strategic review” of alternatives that could have led to the company being acquired, but now plans to remain independent. “Our board, following a thorough review of the results and in …

The conditions for the widespread adoption of contactless payments using chip cards are in place, asserts a new report from the Federal Reserve Bank of Boston. But when that will happen and what will trigger it are unknown in the Fed report, “Tap to Pay: Will Contactless Cards Pave the …

KeyBank said it has begun issuing contactless-enabled Mastercard credit and debit cards. Diebold Nixdorf Inc. said KeyBank will upgrade its network of 1,400 ATMs with Diebold’s DN Vynamic portfolio of software applications that includes ATM management and more options for customers, including selection of bill denominations. Payments provider CCBill LLC announced …

The surprising revelation by J.C. Penney Co. Inc. over the weekend that it had ceased acceptance of contactless payments unmasked the little-noticed ability of contactless mobile wallets to work with point-of-sale technology that far predates them but which Visa Inc. wants banished. The blend of old and new has worked …

Department-store chain J.C. Penney Co. Inc. confirmed over the weekend that it no longer accepts Apple Inc.’s Apple Pay mobile-payment service. The move appears to involve a Visa Inc. contactless rule that took effect this month that may have broader implications for U.S. retailers. The confirmation came in a tweet …

Apriva LLC, a payments provider for unattended retail, said its network will support the viv mobile-payments app from Vagabond, allowing college students to use virtual campus cards for vending-machine purchases. In related news, Apriva said it will support mobile payments for AveriGo LLC, a software provider for the vending and …

Coffee, doughnut, and breakfast sandwich aficionados can now pay with credit and debit cards and even cash and still earn points in Dunkin’ Brands Group Inc.’s DD Perks loyalty program at more than 1,000 test stores, Dunkin’ announced this week. DD Perks is one of the nation’s largest rewards programs, …

Frustration with payments runs high among full-service restaurant operators, so much so that only 20% expressed no frustrations in a new TouchBistro Inc. report released Monday. The other 80% had some issue with their payments services, with many of them, 21%, citing a lack of transparency on pricing. That was …

Nxt-ID Inc. is getting closer to spinning off its Fit Pay Inc. unit, which markets the contactless-payment technology behind Garmin Pay and Swatch Pay and also this week began shipping a contactless device to allow consumers to spend their Bitcoin holdings at stores. The spin-off, first announced in September, will …