David Heun

Square's new card for business owners does something very bold with debit — and very troubling for banks.

Digital banking and payments provider PrePay Solutions is partnering with PayQuicker to help with currency conversions in payroll management programs globally, and to expand PayQuicker's capabilities for its clients' international workers.

As the e-commerce payments ecosystem rapidly changes, banks have to find a way to be part of that landscape. This is especially valuable to banks whose customers shop online and could benefit from a loan.

To stay ahead of the rapid development of payment applications, the Payment Card Industry Security Standards Council is making new software security standards and a validation program for vendors available later this year.

Global payments provider Paysafe Group has appointed Mastercard vice chairman Walt Macnee as an independent, nonexecutive director.

In many ways, the declaration of the end of the merchants' swipe fee case against the major card brands last September with a $6.2 billion settlement is not unlike previous efforts to settle the case — in that it won't truly end the antagonism between merchants and the card brands.

Terminal manufacturer and payments technology provider Ingenico Group has completed its acquisition of New Zealand-based payments network Paymark.

Global Payout is providing software to the makers of point of sale hardware for the cannabis industry, integrating payment card processing with other business services common for dispensaries.

When Visa first introduced an automobile prototype designed to include a payments platform in 2015, it stated the intention for this research and development to be part of a five-year plan.

The number of states not allowing surcharging on credit card purchases continues to dwindle, as New York now gives merchants the option to charge fees as long as they make the costs clear to consumers.