David Heun

If a merchant seeking to avoid credit card fees turned to cash discounting, it was at least partly because the other option — putting a surcharge on credit card use — was complicated and illegal in many states.

Terminal provider paycosmos has launched its "ISO in a Box" payment platform, saying the software provides everything an independent sales organization needs to support agents and acquire merchant contracts.

FirstSense's technology is designed to spot and prevent fraud as it happens. It will operate with First Data's fraud protection and transaction authorization engine, helping financial institutions identify payment cards at risk.

Merchants increasingly fall short of security standards as digital commerce innovation pressures risk management.

A week after revealing its Stripe Terminal as a way to enter the physical retail space, the online payments provider plans to add financial support through cash advances to the services it provides merchant clients.

The Face Login will enable users of the Paytm payment platform to log into the app simply by looking into their phones, a move designed to add a biometric layer to prevent phishing attacks.

Companies using First Data's payments network through unattended kiosks and other settings can now accept EMV payments through the ID Tech hardware and Worldnet software.

Stressing a need to address security in mobile payments and banking, ASC X9 has introduced a new standard — essentially part three of its wireless safety efforts, focusing on the management and security of mobile commerce implementations.

Participation by all members of the global payments ecosystem is encouraged through EMVCo's work to secure card-present transactions and incorporate broader applications.

The single-platform transfer is part of London-based Moneycorp's full integration of Commonwealth FX, a U.S.-based corporate international payments business it acquired at the start of the year —and part of a strategy to expand its U.S. market.