With the National Retail Federation’s annual trade show kicking off Monday in New York City, a number of payments companies tried to get a head start on the show by releasing news over the weekend. Much of it concerns developments for the physical point of sale. Here’s a wrap-up of …

Diebold Inc., the second-largest U.S.-based ATM manufacturer after NCR Corp., disclosed over the weekend that it is in discussions to buy Paderborn, Germany-based ATM maker Wincor Nixdorf AG. North Canton, Ohio-based Diebold issued a statement Saturday confirming that it has a non-binding agreement with Wincor Nixdorf “regarding the key parameters of …

The PCI Security Standards Council this week updated its standards governing point-to-point data encryption (P2PE) and card-reading devices for the point of sale, ATMs, kiosks and mobile devices. One of the key changes in the new Version 2.0 of the P2PE standard will make it easier for security-solutions providers to …

With little fanfare, unattended-payments provider USA Technologies Inc. (USAT) has built an outsized share of the still-small but rapidly expanding base of merchant locations in the United States that accept near-field communication (NFC) contactless transactions—the type of transactions generated by smart phones using the Apple Pay, Google Wallet, and pending …

Upstarts armed with digital technology are rewiring the money-transfer business, but the time-tested agent model enjoys key advantages. The old and new just might meet in the middle. In some respects, agent-based money-transfer providers are like what cash and checks were to an earlier generation of credit and debit card …

Unattended-payments provider USA Technologies Inc. (USAT) said its revenues increased 47% to $15.4 million in fiscal 2015’s third quarter ended March 31 versus $10.4 million year earlier as connections and transaction volume in its wireless network rapidly increased. Malvern, Pa.-based USAT on Monday said its network handled 54.8 million transactions, …

By Jim Daly Leading wire-transfer providers The Western Union Co. and MoneyGram International Inc. both reported big growth in their online businesses in the first quarter while merchant acquirer Heartland Payment Systems Inc. posted strong increases in charge volume. • They’re still a small portion of its overall business, but …

Facing increasing competition from digital money-transfer upstarts, wire-service giant Western Union Co. is making alliances to add value to its traditional money-movement product. This week, it announced a deal with Skype, the video-calling service, which allows Skype users to top up their accounts by handing over cash at Western Union …

Point-of-sale terminal maker Ingenico Group and chip-maker Intel Corp. will work on producing a tablet that supports EMV chip card and near-field communication (NFC) transactions, Ingenico announced Thursday. The tablet is in response to the U.S. payment card migration to the EMV chip card standard, and the growing adoption of …

Many merchants speak of the gains to be made by fusing in-store with digital commerce. Now, quick-service and fast-casual restaurants are turning to a variety of hardware to make it happen. CKE Restaurants Inc., parent of the Hardee’s and Carl’s Jr. fast-food chains, and TGI Fridays Inc. are using Microsoft …