A company called AmazeWallet over the weekend said it will soon launch a so-called super app that will let users run blockchain technology on a mobile phone. The app will run such functions as mining tokens, exchanging cryptocurrency, and sending encrypted messages, the London-based company noted. AmazeWallet said it has …

Brandy Hadden In today’s fast-paced and ever-changing payments landscape, it is increasingly vital that merchant services providers offer ISVs, VARs, and small to mid-sized business owners instant access to the tools and technologies they need to keep pace with their competitors, as well as evolving consumer preferences. One way to …

The microchip shortage has caught up with POS terminal makers. Now, with forecasts that production won’t meet demand until mid-2022, those makers are for bracing for more pain. Since late 2019, when the incipient Covid-19 pandemic first throttled back or temporarily shut down microchip production in China, manufacturers like mobile …

Data breaches declined sharply during the first half of 2021, says a report from Risked Based Security Inc. The number of publicly reported data breaches during the first six months of 2021 totaled 1,767, down 24% from the same period in 2020. At the same time, the number of sensitive …

This cryptic headline is quite telling, and it deserves proper attention from the payment community. Payment people know that EMV replaced magnetic-stripe technology, and that it sometimes takes uncomfortably long seconds to get the transaction approved. But few appreciate its big, innovative step in e-commerce. Instead of repeated exposure of …

The Covid-19 pandemic threatens to send merchant acquirers’ attrition rates through the roof. How bad is the damage, and how bad will it get? Covid-19 is on the loose, and behind it The Grim Reaper of Retail has come calling. Brick-and-mortar merchants already were struggling with the e-commerce onslaught, but …

Churn is still the overarching theme in a dynamic market dominated by mobile options and eyeing digital currency. You can tell a lot about the dynamism of a market by how often its players turn over—how many new companies enter the market from year to year and how many fail …

Retailers, like many other businesses, have probably had their fill of fraud attempts. Unfortunately, criminals have not. Between May 1 and Dec. 31, 2018, Akamai Technologies detected more than 10 billion credential-stuffing attacks aimed at retailers, accounting for more than a third of all such attempts—28 billion—in that period. In …

We list 37 entries this year, of which only three appeared in our original Guide nine years ago. This year’s Field Guide represents our 10th annual effort to catalog the broad currents in electronic payments by listing some of the more salient players providing alternatives to the big network brands. …

The seemingly unending growth in online shopping is doing more than closing physical stores. The point of sale in the stores that remain is changing, and along with it, payments providers, says Javelin Strategy & Research in its “2017-2021 Retail Point of Sale Payment Forecast.” As consumers continue to increase …