The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. The new laws would prevent developers from restricting access to their near-field communication (NFC) technology embedded...
Near-field communication (NFC) technology isn’t exactly new. For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. However, the U.S. has been...
It’s been said that change is the only constant in, well, you name it. The aphorism holds especially true for payments, an industry in which technology shapes the way payments happen — and vice versa. In an interview with PYMNTS, Jerry Norton, vice president of financial...
Following the slow implosion of brick-and-mortar retail, what phoenix will rise from the ashes? Will the world be left to choose between a small number of behemoths and live with that as the new retail normal? Consumers, says Stephen Herbert, chairman and CEO of USA Technologies (USAT),...
August 17, 2017
It’s been said that change is the only constant in, well, you name it. The aphorism holds especially true for payments, an industry in which technology shapes the way payments happen — and vice versa. In an interview with PYMNTS, Jerry Norton, vice president of financial services industry at IT services and consulting company CGI, said […]
February 08, 2024
Is PayPal getting ready to offer “offline” payments? The company seems to be indicating a move in that direction as new European Union regulations go into effect for its partner Apple, per a report Thursday (Feb. 8) by TechCrunch. As that report noted, the coming Digital Markets Act (DMA) — while aimed at tech giants like Apple — would […]
September 17, 2020
The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. The...
