• Mobile point-of-sale service provider Cardflight announced that processor BluePay Processing LLC is now offering the Cardflight SwipeSimple service to merchants. • Revel Systems, provider of iPad-based point-of-sale technology, and Intuit Inc. expanded an existing partnership to bring Intuit QuickBooks Point of Sale services to salon and grocery retailers. The …

By John Stewart @DTPaymentNews When Intuit Inc. launched QuickBooks Point of Sale with tablet-payments specialist Smoothie King Franchises Inc., a chain of 700 juice outlets, to install Revel tablets chainwide in what at the time was the largest such deal on record. Earlier this month, news emerged that IBM Corp. …

Slowly but surely, the big merchants that make up the stalled Merchant Customer Exchange LLC retailer consortium are finding their own way in mobile payments. The latest example is MCX stalwart CVS Health Corp., which on Thursday announced the launch of its CVS Pay mobile wallet. The Woonsocket, R.I.-based chain …

• With sales of EMV payment cards to U.S. credit and debit card issuers down 55% year over year in the second quarter, card producer CPI Card Group Inc. reported that total sales fell 23% to $73.7 million. Due in part to litigation expenses, CPI booked a net loss from …

• A status conference in the massive credit card interchange case known as MDL 1720 is set for Thursday in U.S. District Court in Brooklyn, N.Y., in the wake of the $5.7 billion settlement in the case being overturned by an appellate court June 30. The case is returning to …

By Jim Daly@DTPaymentNews Partly because of a big increase in skimming, debit card fraud rates jumped in 2015 on both signature and PIN-based point-of-sale transactions, according to the 2016 Debit Issuer Study commissioned by Discover Financial Services’ Pulse electronic funds transfer network. The overall fraud-loss rate on PIN POS transactions …

By John Stewart @DTPaymentNews Chargebacks cost issuers millions every year just to investigate, let alone process, so technology companies see an opportunity in reversing the rising tide of cardholder inquiries financial institutions and merchants confront every day. The latest example is a service from financial-data aggregator Yodlee that adds information …

• The Michigan Department of Health and Human Services and its Michigan State Disbursement unit are allowing parents who choose a cash option online for child-support payments to make the payments at 7-Eleven and Family Dollar stores, with processing handled by PayNearMe. The arrangement follows a similar venture in which PayNearMe …

By John Stewart @DTPaymentNews When Visa Inc. and MasterCard Inc. demonstrated their merchant frustration with lengthy certification logjams. The Quick Chip and M/Chip Fast code is available at no cost, and American Express Co. and Discover Financial Services are also offering variants of it. How many merchants will adopt the …

• The U.S. Marshals Service announced that bidder registration began today for its Aug. 22 online auction of 2,719.33 Bitcoins forfeited to the government in various criminal, civil, and administrative cases. The Bitcoins, which will be sold in one block, are worth nearly $1.61 million at today’s price of $590.25 …