Point-of-sale (POS) integration platform eThor provides software that creates a two-way communication between local merchants’ POS systems and user devices. In a recent podcast interview, eThor Founder and CEO Gary Ziegler told Karen Webster, CEO of Market Platform Dynamics, that the company has also built...
New Zealand’s Westpac says is working on a new banking app for Google Glass. The app will allow users to check their account balance while on the go and without the need to actually log into the bank’s online system, Finextra reported on Feb. 3. “By the...
Target acknowledged this week that the holiday season point-of-sale malware attack continue for longer than previous admitted. Target CFO John Mulligan’s included the revelation in his testimony for an appearance before the Senate Judiciary Committee. He wrote that 25 POS machines were discovered to be...
The malware used to infiltrate the point-of-sale systems at Target, Neiman Marcus and other retailers appears to have been custom built for each job. Investigators have determined the malware attacks are slightly different from retailer to retailer, the Wall Street Journal reported on Feb. 5. William Noonan,...
OTI has launched a consumer-oriented automatic payment solution for gas stations. EasyFuel Plus is similar to an OTI offering for commercial purposes. It features a contactless reader attached to a vehicle’s fuel inlet. Once the driver begins refilling, the payment process is activated automatically. “This...
Consumers are rediscovering their love for cash in the wake of the recent retail data breaches. As more data breaches become public, consumers are finding themselves increasingly less trusting of card-based payment systems, the New York Timesreported on Feb. 2. Various consumers, several of whom the...
Target is fast-tracking a $100 million smart card program, with a goal to have the program fully operational by early 2015. Target’s chief financial officer, John Mulligan, announced the move in an op-ed published by The Hill prior to his appearance before the Senate Judiciary...
Investor and film producer Chad Verdi recently gave an interview detailing his thoughts on the big topics of the day: Mobile, biometrics and technology innovation as a whole. Besides his work in the U.S. film industry, Verdi is a holder of Apple stock. He says...
MasterCard today took a strong move to push out mobile-wallet technology faster globally, including its own MasterPass digital service, with the announced planned acquisition of long-time partner C-SAM, whose platform supports not just payments but also customer-specific offers, loyalty incentives, banking, bill-pay options and nonfinancial...
