For nine years, PayNearMe has focused on enabling consumers without access to payment cards to make cash payments for online goods at point-of-sale terminals in what has grown to a network of some 27,000 merchant locations. On Thursday, the Sunnyvale, Calif.-based company said it now can process credit, debit, and …

One year after the hard fork that created it, Bitcoin Cash is in some ways mimicking the digital currency it was spawned from. Bitcoin Cash’s price at $693 Monday morning has slid by about $1,000 in the past three months, according to CoinMarketCap.com. And it’s well under the $4,091 peak …

The crowded peer-to-peer payments market will soon become a little less crowded with the impending demise of Snap Inc.’s Snapcash service. Snapcash, which runs on Square Inc.’s P2P payments technology, will end Aug. 30, according to TechCrunch. The Silicon Valley news service said over the weekend that it discovered a …

Co-Op Financial Services said it is adding cardless ATM transactions to its roster of services for credit unions. Dubbed Cardless Cash Access, the service is available on Diebold Nixdorf and NCR ATMs within the Co-Op ATM Network that are managed using the Co-Op Terminal Driving program. Hyperwallet, whose technology enables …

Long outclassed by nimble tech players, financial institutions are finally scoring points in the P2P payments game with the rapidly growing Zelle network. But nobody’s conceding defeat in this much-coveted market. Keeping track of the players in peer-to-peer payments is like following an ensemble cast—a playbill is needed to identify …

Despite what you hear about electronic payments displacing coins and folding money, the real story is a little more complicated. The world is flat. Or at least that’s what most people believed until Aristotle around 330 B.C. provided evidence of a spherical Earth. Even then, it was slow to catch …

Have you ever seen a bank note marked “One Negative US dollar”? Have you ever tossed a “negative dime?” Can you even think of any meaning for such entities? What is impossible for physical money is a simple tag for digital currency. It is not just easy to mint, it …

Point-of-sale integrators, help desks, and other computer-related service providers for businesses, look out—the hackers are after you. The new Global Security Report 2018 from Chicago-based Trustwave says service providers were involved in 9.5% of the 700-plus data compromises the firm investigated in 2017. In 2016, service providers played a role …

Bank processors over the past several years have worked to combine cardless technology with a continuing consumer demand for cash, a trend that took on momentum on Wednesday with an announcement from Fiserv Inc. that three ATM manufacturers are now supporting the company’s 3-year-old CardFree Cash service. ATM makers Genmega, …

  Did you know that the typical business will only hear from around 4 percent of their unsatisfied customers? That leaves the remaining 96 percent with the potential to file a chargeback against a merchant’s business, negatively impacting their bottom line. The ability to maintain positive cash flow is one …