David Heun

Cross-border online payments provider Payoneer has added escrow payments to its services after completing its acquisition of Armor Payments.

Payment processing and technology provider Vantiv Inc. is partnering with merchant acquiring bank Credorax to expand cross-border e-commerce payments for Vantiv clients.

Payment processor Heartland Payment Systems Inc. and global payment provider Computop have agreed to integrate their platforms to provide international payment processing.

Data security vendor and researcher Trustwave has appointed company veteran Michael Petitti as senior vice president of global alliances.

The confusion over how banks categorize chargebacks has become the latest minefield in the transition to EMV chip cards in the U.S. And the sheer volume of chargebacks has forced some merchants to turn to legal action, questioning the entire migration process.

The card brand is updating the Visa Checkout online payment platform with a new button that asks users to swipe, rather than click, to initiate a payment.

Verifone's presence in the mobile point of sale market is as old as Square's, but it has had a bit more trouble reaching Square's market. This year, Verifone's strategy will be to move the goalpost — and to chop it up into smaller segments.

Square is "betting big on Near Field Communication," but not to the point the company would consider bringing back its own Square Wallet app, CEO Jack Dorsey says.

The banks that launched the clearXchange P-to-P network two years ago sensed the urgency to get solid footing in the consumer payments market, but its mission rapidly expanded.

Obtaining money transmitter licenses in every state has been a lengthy process for WorldRemit, but one that paid off big this month when the company became regulated in California.