This week in Payment news

Sequent Software Gets Mobile Payments Patent

August 26, 2014 by

Sequent Software, which provides digital issuance and open wallet platform-as-a-service, has obtained a key patent that will simplify mobile payments and allow fast and seamless transactions at merchants.

WeChat Facilitating Effective Online Bill Payments

August 26, 2014 by

Tencent’s WeChat now enables users to pay their utility bills using the messaging platform.

Swedish Online Payments Provider Klarna Plans to Enter US Market

August 25, 2014 by

Swedish e-commerce company Klarna, a fast-growing online payments solution popular in Europe, is setting its sights on the global market.

PayPal’s Powerful New Merchant Portal for Back to School and Beyond

August 25, 2014 by

PayPal has created an impressive new portal called PassPort which takes aim to connect the globe using information in a sleek new way.

MasterCard and Visa Face Class-Action Suit for Target Breach

August 22, 2014 by

Following a class-action lawsuit against Target, MasterCard and Visa are now targets of a class action lawsuit related to the Target breach.

New York Department of Financial Services Extends BitLicense Commenting Period

August 21, 2014 by

The New York Department of Financial Services has announced that it will extend the period for commenting on its BitLicense proposal by another 45 days.

UPS Stores Hit with POS Malware

August 21, 2014 by

UPS Stores across the country have been hit by malware, infecting POS machines and compromising customer payment details in 24 states.

European Central Bank Names Four Important Payment Systems

August 21, 2014 by

The European Central Bank (ECB) has used its regulatory powers in the field of payment systems oversight.

PayPal and Braintree Perfect Mobile Payments with One Touch

August 21, 2014 by

PayPal’s One Touch mobile payments ability makes checking out simple.

Payment Week’s Regulatory Review Part 3 Recap: Bitcoin ATMs

August 20, 2014 by

In case you missed it, Part 3 of our Regulatory Review series brought along a discussion on the growing bitcoin ATM industry.

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