Ruth Simmons, the former Brown University president, is joining payment company Square’s board, becoming its second female board member, The Huffington Post reported Wednesday (Aug. 5). She joins Mary Meeker and also becomes the second African-American member on the board, alongside Earvin “Magic” Johnson, the...
Dining chain Outback Steakhouse is on track to release a smartphone app by the end of the year that will let customers pay their tabs at the table, with the help of their smart devices. Nation’s Restaurant News said Tuesday (Aug. 4) that executives from Bloomin’...
Square Readers can be compromised by hackers to steal credit card information, Engadget reported Monday (Aug. 3). Citing security researchers, the site reported that hackers can disable the encryption that the devices use to shield financial data, which in effect turns the Square device into...
As retail evolves, point of sale systems need to be about more than just payment. That’s the view that Chris Ciabarra, co-founder and CTO of Revel Systems, shared with PYMNTS and why the company's roots in apps help them serve up a much better POS...
Sure, Stripe grabs the headlines, but what does the deal with Visa, and Stripe's capital raising, portend for the online payments processing writ large? PYMNTS spoke with the CEO of BlueSnap, a Stripe peer, to get a sense of what Stripe’s big news might mean...
Gimbal, the location-based technology company that makes, among other things, beacons, said on Monday (July 27) that Jeff Russakow has been named president and chief executive officer of the company. Russakow will also serve as a member of Gimbal’s board of directors, the company said....
Online payments startup Stripe is getting financial backing from a round of investors to accelerate its push into the global payments arena. The New York Times reported today (July 28) that the company had garnered funding from Sequoia Capital, Visa and American Express, in an as-yet unquantified investment round that values...
Schnucks, the St. Louis, Missouri-based retailer, said on Friday (July 24) that it is now accepting Apple Pay at locations across the United States. In a release, the company stated that the Apple payments platform is now accepted at all of the Schnucks retail locations,...
GiftCards.com said Tuesday (July 21) that it has launched a new rewards program. The company said in a statement that it has debuted “G-Money Rewards,” through which customers can earn points on every purchase they make. Those purchases and points would subsequently count toward future...
