article thumbnail

Uber Money Head Quits As Company Moves Away From Financial Operations

PYMNTS

In an email, Uber CEO Dara Khosrowshahi said the company isn’t prioritizing several finance-related projects, such as credit cards, a digital wallet and instant payments for drivers. The program also aimed to integrate Uber’s gift cards and value deals. Hazlehurst had taken pride in the digital wallet idea.

Las Vegas 297
article thumbnail

Washington’s Metro System Plans For Mobile Payment Future

PYMNTS

“Mobile fare payment is the future of transit, giving customers the ability simply to tap their phone and go, all without stopping at a fare vending machine or using a separate card,” Metro General Manager Paul J. Through the app, customers will be able to add funds to their fare cards through an auto-reload feature.

Metro 126
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Diebold Nixdorf Debuts ‘Extreme’ ATM — Tiny and Contactless

Bank Innovation

LAS VEGAS — Contactless payments are not new — card-free ATM transactions have been seen at fintech conference for years now — but they are getting more buzz lately, especially as the industry continues to debate the possibility of a cashless society.

Las Vegas 150
article thumbnail

Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009.

Cards 158
article thumbnail

Low-Cost Mobile Card Readers Have Security Flaws

PYMNTS

Positive Technologies researchers Leigh-Anne Galloway and Tim Yunusov are warning that new lower-cost payment systems could hurt companies because of security flaws that could enable hackers to steal credit card data or change the value of what people are purchasing. The card readers typically attach to a tablet and or smartphone.

Security 111
article thumbnail

Marqeta Expanding Overseas, Sets Up Shop In The UK

PYMNTS

financial technology startup backed by Goldman Sachs , is expanding overseas. Investing.com , citing a Reuters report, said that the company, which helps other startups issue payment cards, has set its sights on London and has already hired five employees and signed up customers. Marqeta , a U.S. The expansion into the U.K.

Las Vegas 142
article thumbnail

Fiserv’s Clover Lets Diners Scan And Pay With iPhone, Apple Pay

PYMNTS

“As a high-volume restaurant, we wanted a more efficient way for our guests to pay,” said Josh Molina, owner of Makers & Finders in Las Vegas. The new service removes the need to provide a server with a credit card, and expedites the bill paying process. “As

Apple 150