Payments News

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Companies

NCR’s Allpoint Network Creates Banking Destinations in Over 3,500 Circle K Stores

“Building on their broad and long-standing relationship, NCR Corporation (NYSE: NCR), a global enterprise technology provider, and Circle K, one of the largest convenience store brands in the U.S., have activated NCR’s Allpoint Network at more than 3,500 Circle K stores across 30 states. This expansion will bring customers more convenient and surcharge-free financial solutions via thousands of new Allpoint ATM […]
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Companies

Gates Foundation Commits $200M to Digital ID and Other Public Infrastructure

“The Bill & Melinda Gates Foundation has renewed its commitment to digital ID, topping up its investment in the space as part of a total package of $1.27 billion in support for global health and development projects. The latest funding commitment includes $200 million for digital public infrastructure, which includes digital ID and civil registry databases. The […]
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Companies

Prophius Partners with Mastercard to bring Tap on Phone payments to Small Businesses in Sub-Saharan Africa

“Prophius today announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale. This move is expected to boost digital payment acceptance at small and micro enterprises in Nigeria, Ghana, Kenya, Uganda, and other key markets in Sub-Saharan Africa […]
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Companies

Shopify Targets Physical Retailers After an Overly Aggressive Bet on e-Commerce

“Shopify Inc., Canada’s largest e-commerce company, announced Tuesday that it will start selling new hardware for brick-and-mortar retailers, as it attempts to recover from an overly aggressive bet on the speed at which the economy would move online.  The device, called POS Go, resembles a smartphone and will allow retailers to provide wireless checkout anywhere […]
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Companies

Vince, Burton Offer ‘Tap to Pay’ Option in Stores

“A vertical luxury brand and a snowboarding product brand are easing the process of mobile checkout for both customers and store associates. Vince, a banner of Vince Holding Corp., and Burton Snowboards are now offering the “Tap to Pay” feature on iPhone mobile payment feature on its NewStore associate app. Tap to Pay on iPhone is […]
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Companies

Car IQ Joins Visa’s Fintech Fast Track Program

“Car IQ®, an innovative provider of vehicle payment solutions, today announced it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa, a world leader in digital payments. As a Fintech Fast Track partner, Car IQ can more easily leverage the reach, capabilities, and security that VisaNet, the company’s global payment network, offers. […]
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Companies

BIS: World’s First CBDC Pilot With Four Countries Is Completed

“The Bank for International Settlements – BIS Innovation Hub Hong Kong Centre, Hong Kong Monetary Authority, Bank of Thailand, People’s Bank of China and the Central Bank of The UAE announce the successful completion of the first CBDC pilot involving four jurisdictions and real-value transactions. Previously known as Project Inthanon-LionRock, the project was renamed as “m-CBDC Bridge” […]