David Heun

When a country migrates to EMV chip cards to improve its security, the fraudsters will move to another channel, but not necessarily another nation.

Even if shoppers of Amazon.com's Prime Day event — advertised as better than Black Friday — found more to mock than to buy, the promotion last week marked the acceleration of an "on-demand economy" that other retailers can no longer ignore.

Apple executives didn’t flaunt Apple Pay transaction numbers or Apple Watch sales figures during a July 21 third-quarter earnings call, but they did provide some measure of merchant acceptance of the growing mobile payment system.

As more point of sale terminals include connections to the Internet and customers' mobile devices, payment companies may need to consider themselves in an "Internet of Things" environment — with all of the risks that implies.

Despite the doomsday predictions for banks and acquirers five years ago, the Durbin amendment hasn’t dramatically shaken up the business models of the payments industry.

Independent sales organizations are facing an age-old question that has confronted teenagers for centuries: What are they going to do with their future?

Apriva and Globalcom Engineering will partner to provide EMV hardware to various U.S. markets with unattended payments acceptance devices.

The regulatory landscape has become far more complex for acquirers and independent sales organizations, mainly because federal agencies are showing more interest in the various layers of the payments ecosystem.

With the clock ticking for the Oct. 1 deadline for EMV adoption, acquirers and independent sales organizations have a clear opportunity to become payments consultants.

Nacha, the electronic payments association, is starting an accelerated push to help corporations and financial institutions incorporate the ISO 20022 messaging standard — a key element of moving forward with a faster payments initiative in the U.S.

Barclays' absence has been a major issue surrounding Apple Pay's long awaited move into the U.K., though with a formal announcement of Apple's mobile payment play coming as early as July 14, word of the bank's reversal started to circulate online.

Discover Financial Services has certified payments testing software provider Acquirer Systems to provide EMV service for its customers in U.S., Canada and Mexico.

Any merchants or businesses handling payment and other sensitive data while using a Windows Server 2003 network will need to take precautions when Microsoft ends it support for that platform on July 14.

Gemalto has entered an agreement to provide payment-capable wristbands that will allow tap-and-ride capabilities and fitness readings for transit riders in Wuhan, China.

With the U.S. EMV migration deadline looming and merchants urged to add encryption and tokenization as well, Transaction Network Services sees an opportunity in helping clients manage all of this technology.

Mobile banking technology provider Monitise Plc has informed its shareholders that Visa Europe will reduce its investment in the company, but will complete a three-year commercial agreement to develop services and finish products.

Apple's customers not only love buying Apple devices, they also love using Apple devices to spend more money at online and mobile commerce sites.

PayPal is putting a lot of effort into ensuring that the company that emerges from eBay ownership this month is a much different — and more powerful — creature than the one it has been until now.

Since the growth of online retail, payments providers and acquirers have wrestled with the ethical questions and the risks surrounding gun sales, marijuana shops, pornography sites and other businesses that carry a stigma.

The migration to EMV-chip cards is proceeding at a slow crawl at many merchants. But in the restaurant industry in particular, many proprietors see it as an unnecessary ingredient.