David Heun

The free pass becomes effective when a flight is expected to be delayed by two or more hours and the cardholder has registered flight details at least six hours prior to scheduled departure.

Even the efficiencies of an upgrade may not be enough for the human touch that some higher-risk accounts require, leaving a "painful" process for merchants and acquirers.

Because their businesses operate mostly with cash with little financial record keeping, the nearly 100,000 kiosk owners in Kenya have no way to qualify for traditional loans and lines of credit offered by banks. Plus, the kiosk owners have no mechanism to place stock orders directly with a wholesaler.

The card brand's dCVV2 specification code standard can put a dynamic CVV2 payment card in the hands of customers sometimes in a matter of hours, rather than days or even months, contends technology developer Idemia.

The payment contract extensions call on both Chase and Amex to offer new products for consumers and businesses.

Empow's security platform, integrated into a company's network through APIs or by routing data to empow, breaks down the individual components of a security tool to create an "abstracted new layer" that talks to a set of artificial intelligence algorithms.

New York's World Trade Center-based Oculus will host Chase Pay Village until Jan. 7 with an emphasis on holiday wares. Part of its mission is to determine which of Chase's mobile wallet features — if any — are most compelling to shoppers.

The deal will help First Data compete in the fast-growing "integrated payments" space as payment processors race to diversify products, markets and technology.

Mobile wallets have always had a chicken-and-egg problem: Why should merchants accept them if consumers don't use them, and why should consumers use them if merchants don't accept them? To solve this problem, it takes a village.

Omni Air International recently completed a test of technology from Infinite Peripherals that aims to modernize the sales of in-flight meals, drinks and retail products. The system is an airline edition of Infinite's omni-channel InfineaRetail software.

U.S. payments consultancy FIME has added Discover's payment application specification (D-PAS) accreditation to the Pulse ATM network, allowing it to provide guidance and support services on EMV chip technology for acquirers and issuers unfamiliar with D-PAS.

Kiwibank says it is providing its small-business customers in New Zealand with a mobile payments app and card reader.

Nearly half of the cardholders in the U.S. have had at least one card reissued in the past year, with those experiencing fraud multiple times saying they have had nearly five cards reissued.

Caixa Bank and its partners in Spain's first cross-industry collaboration to advance payments technology have officially launched their research lab in Barcelona.

BMO Financial group will invest $2 million into a new artificial intelligence lab in Montreal designed to help startups make the transition from science projects to high-growth companies.

Norwegian banks have been keenly aware of — and concerned about — the prospect of mobile wallets developed in Silicon Valley affecting their own services. So much so that a group of banks has begun preparing to merge their payments systems into one platform and have it up and running by next August.

Digital currency exchange Bitstamp is partnering with independent payment processor Masterpayment for credit card processing and purchases of four cryptocurrencies.

Hoping to streamline the payment options across Europe, the European Payments Council has launched the SEPA Instant Credit Transfer scheme.

PayStand, a blockchain business-to-business payments platform, has completed a $6 million funding round through BlueRun Ventures.

Modulr Finance, a U.K. payments application interface provider, is providing a service level agreement for business-to-business payments that guarantees automation for high volumes of complex payments at any time.