The mobile point-of-sale revolution is picking up momentum, despite having started nearly a decade ago with the first attachable card-reading devices for mobile phones. Projections from United Kingdom-based Juniper Research released this week indicate the installed base of mobile point-of-sale devices of all kinds worldwide—including integrated technology from major vendors—will …

Dutch payments processor Adyen N.V. is in the limelight just as the payments business has gotten hot. Ant Financial just raised the biggest private funding round ever—$14 billion at a $150 billion valuation, in part on the back of its Alipay unit. These are new and nontraditional entrants. The old …

Payment gateway Merchant Link said the Agilsys rGuest Pay v1.6 software for the hospitality industry is approved as a certified interface on Merchant Link’s network. Agilysis develops software for the hospitality industry. Payment gateway USAePay said the cash-discount program from Paradise POS, developer of iOS-based point-of-sale software, will be available …

Now officially a year old, Zelle is steadily gaining momentum. San Francisco-based Bank of the West, the 29th largest bank in the country ranked by assets, announced Thursday it will join the bank-controlled person-to-person payment network, which already claims some of the biggest financial institutions in the country. Also this week, …

As legislatures eye geysers of tax revenue in the wake of the May 14 Supreme Court decision leaving legal sports betting up to each state, officials wondering how much that haul could be are looking to Nevada. It’s the only state that permits wide-open wagering on a full menu of …

The Korean automaker Hyundai has made agreements to let drivers pay through the car’s infotainment system for gas at Chevron or Texaco, meals from Applebee’s To Go, and parking through ParkWhiz. Other automakers working on similar payment systems include Ford for parking and vehicle service and Chevrolet and Jaguar for …

Point-of-sale system technology provider Revel Systems said it integrated customer-engagement software from Conduit Ltd., which uses the brand name Como, into its platform to bring to brick-and-mortar merchants services used by online retailers such as loyalty programs, analytics, branded mobile apps, in-app payments and other capabilities. Shift4 Payments LLC announced …

Point-of-sale terminal maker Verifone Systems Inc. said it talked to “approximately” 42 companies during its go-shop period, which expired at 11:59 p.m. Thursday. None of the companies submitted a bid. As previously announced, publicly held Verifone is set to be acquired during the third quarter by affiliates of an investor …

Online lender Kabbage Inc.’s ambition to enter payment processing by the end of the year, reported this week by Reuters, is a logical extension of their current platform, but one clouded by a host of uncertainties and rife with potential missteps, according to experts contacted by Digital Transactions News. Nine-year-old …

Fraud-mitigation specialist Verifi released its “The Chargeback Triangle” report, completed by Javelin Strategy & Research, that found consumer disputes and chargebacks created $31 billion in financial losses in 2017, with merchants taking on almost $19 billion and issuing banks $12 billion. It also found that for every dollar in a …