Automatically Correlating POS Data for Variances and Discrepancies

NY-based B2B Soft, a specialist in wireless point-of-sale (POS), retail management systems (RMS), has inked a deal with Arzosoft, a Canadian-based maker of custom software solutions. This new relationship extends B2B Soft’s ability to offer wireless retailers fully integrated POS solutions and, ultimately, help retailers not only save money, but also recover it. Arzosoft’s innovative…

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B Infinite App Offers Real-Time Overview of the Omnichannel Experience

Malaysia’s Berjaya Group has launched the new reward app B Infinite, f/k/a BCARD. The mobile application is powered by Wirecard. Thanks to a variety of loyalty and couponing functions, B Infinite offers a multi-faceted capabilities to its users: functioning as a mobile marketing platform to find out about the latest local merchant flash deals, payment…

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Real Consumer Transaction Analysis Confirms Holiday Spending Up 9% YOY

The best consumer spending analysis, based on actual consumer transactions rather than surveys or speculation, for Thanksgiving, Black Friday and Cyber Monday shows overall spending growth was up 9.0% year-over-year (YOY), compared to 9.4% in 2015 and 3.5% in 2014. The First Data SpendTrend also showed the total share of eCommerce spending has gone up…

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OT + Visa payWave + Heritage Bank = Inamo CURL Wearable AU Deployment

Oberthur Technologies has inked an agreement to provide its digital payment enablement technology to Inamo’s wearable solutions, starting with the CURL which is being launched in Australia this month. The CURL is a multi-functional wearable that will initially enable consumers to make payments by simply tapping their device to any point of sale terminal where…

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First Data’s EMV/NFC Clover Devices Invade the UK Merchant Market

First Data has expanded its Clover platform with the official launch of Clover Mini and Clover Mobile in the U.K. The “all-in-one” business management solutions has broad adoption in the U.S. since they were introduced last year. The Clover Mini and Clover Mobile devices utilize unique cutting-edge technology that allows consumers to enter their PIN…

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Popular iXpenselt App Beefed-Up for New Breed of iPhones and iPads

The popular iXpenselt personal finance app has been optimized for the current-generation iPhone/iPad. iXpenseIt was one of the first 500 apps to be approved for the App Store back in 2008. The iXpenselt app puts financial information and, most importantly, financial control, right at users’ fingertips. At its core is a comprehensive dashboard that provides…

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E-Commerce & M-Shopping Driving Gen Z Credit Card Usage

Young adults, especially the 18–24 year olds, who tend to favor debit cards, are still less likely than older adults to use credit cards, but this is changing, particularly due to the shift toward online and mobile shopping. Nearly all consumers shop online and e-commerce and m-commerce are gaining a larger share of payment transactions,…

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TÜV NORD’s Online Store Selects Wirecard for Total Payment Management

Germany-based Wirecard has inked a deal to handle all payment processing for TÜV NORD’s upcoming online shop. Wirecard is incorporating all common payment methods in this service, among others Visa and MasterCard and will process the payments. In addition, it will be possible to buy on account with a payment guarantee in the near future.…

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AmEx Aims to Reduce Fraud in its Digital Channels Bigly w/Acquisition

American Express has acquired InAuth to help merchants and partners to identify potential fraud utilizing its mobile-first device authentication capabilities. The acquisition also positions the company to capture new opportunities as more consumer activity – from payments to account origination and servicing – moves to digital channels. The acquisition complements and enhances American Express’ comprehensive…

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Biggest U.S. Retailers Have Unpatched Cybersecurity Vulnerabilities

New cybersecurity research reveals nearly 80% of the largest holiday retailers may not be using intrusion detection or prevention systems to monitor all traffic within the cardholder data environment. Additionally, over 90% of major holiday retailers have a SPF Record missing, which increases the risk of an email spoofing attack reaching consumers. SecurityScorecard’s 2016 Biggest…

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Conversational Banking Marries Mobile Multi-Currency for WeChat

Toronto-based Zenbanx introduced “conversational banking,” the ability for customers to use messaging platforms to sign-in, check balances, get exchange rates, and send money from their Zenbanx account without ever leaving their conversation. WeChat, one of the most popular messaging apps in the world, is the first messaging platform to adopt Zenbanx’s conversational banking feature, a simple…

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