By Kevin Woodward@DTPaymentNews The impact of a Donald J. Trump presidency on the payments industry may not be known in concrete terms yet, but speculation suggests a fair number of moves meant to take some of the sting out of regulations. Republican Trump handily won the Electoral College vote Tuesday, …
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Machine Learning Gets Hot, While Mobile Apps Cool off
While the payments business is caught up these days in working out strategies for mobile apps and social media, it turns out these aren’t the cutting-edge technologies they once were. Instead, fields like virtual reality, machine learning, and natural language are winning the spotlight. That’s according to a study that …
Read More »Looking for the Hot Tech Trend in Payments? Hint: It’s Not Mobile Apps Any More
By John Stewart @DTPaymentNews While the payments business is caught up these days in working out strategies for mobile apps and social media, it turns out these aren’t the cutting-edge technologies they once were. Instead, fields like virtual reality, machine learning, and natural language are winning the spotlight. That’s according …
Read More »While Still Volatile, Bitcoin’s Price Generally Moves Upward As Blockchain Interest Rises
While the payments industry has been buzzing lately with talk about the blockchain, Bitcoin has been reaching pricing levels it hasn’t seen in more than a year. The rally comes amid fresh optimism for a solution to a vexing capacity problem and for the blockchain itself, the distributed ledger that …
Read More »Lots of Headaches From Data Breaches, but Few Lawsuits, a Law Firm’s Study Finds
A new report about data breaches from a law firm that analyzed compromises affecting more than 300 of its clients in 2015 has some unique perspectives that supplement findings from data-security technology firms such as Mandiant and Trustwave or telecommunications giant Verizon, all of which have produced widely read summaries …
Read More »Omni-Channel, Semi-Integrated, and Unattended Take Center Stage
Some important payments developments are asserting themselves this year. Don’t risk being left behind. The pace of change in the payments industry is normally fast. But the perfect storm of the U.S. EMV migration plus the mobile-wallet revolution has accelerated that pace to blistering. It’s an exciting time, but also …
Read More »In a Bid to Build on Strengths, TSYS Clinches a $2.35 Billion Deal To Buy TransFirst
Processor Total System Services Inc. (TSYS) is buying acquirer TransFirst Holdings Inc. for $2.35 billion, Columbus, Ga.-based TSYS announced Tuesday. The deal, which is expected to close in the second quarter, puts an end to TransFirst’s plans to explore an initial public offering. Hauppauge, N.Y.-based TransFirst last October filed an …
Read More »Infinite Peripherals Rides the mPOS Wave With Add-on Devices for Larger Retailers
By John Stewart At Infinite Peripherals Inc., there’s nothing peripheral about the mobile point of sale. The Elk Grove Village, Ill.-based company, whose stock in trade is not the mobile device but just about anything that can be connected to it, is growing rapidly in tandem with the soaring popularity …
Read More »Endpoint: Don’t Leave These Americans out in the Cold
How will the millions of cash-preferring U.S citizens pay for mandated health care coverage online? The answer lies in learning from other industries that have addressed the problem, says Danny Shader. Millions of uninsured Americans who are attempting to buy health insurance as part of the Affordable Care Act are …
Read More »FleetCor Buying Comdata; Gift Card Business May Be On the Block
FleetCor Technologies Inc. is buying payment processor Comdata Inc. for $3.45 billion, Norcross, Ga.-based FleetCor announced Tuesday. The deal gets FleetCor access to four businesses it is not already in, including over-the-road fleet payment services, fuel cards for national accounts, virtual payments and gift cards via Comdata’s Stored Value …
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