David Heun

KFC is finally converting its point of sale terminals to accept EMV chip cards, opting for a semi-integrated system to accept all payment types.

Considering Walmart spent the better part of a decade trying to establish its own bank, it comes as no surprise that the retail giant is aiming big with its latest financial service.

The threat that mobile would displace plastic never came to be. But the new technology — often developed by retailers and other nonbanks — nevertheless forced issuers to take stock of their own offerings.

The funding round comes on the heels of what BitPay cited as a record year in 2017 in processing more than $1 billion in bitcoin payments.

Braintree's newest offering is designed to make e-commerce partnerships easier — at least, from a technology perspective.

French supermarket chain Carrefour has launched its own mobile wallet, making Carrefour Pay available to customers as part of its plan for a complete omnichannel experience.

Digital money transfer provider SimbaPay has added an artificial-intelligence-powered chatbot that will enable banks and other companies to offer international money transfer to customers across Africa and Europe through text messaging.

The problem is that, like usernames and passwords, biometrics are a static form of identity that can be exploited rather than a dynamic method that's of little use to crooks if stolen.

As new customers visit a restaurant for the first time, Punchh Acquire delivers information about the customer and assigns them with digital identities and profiles.

The tracking engine automatically provides status updates to all GPI banks involved in any GPI payment chain and allows them to confirm when a payment has been completed.

The ClearSpend app will allow businesses to see real-time updates and make changes to company card accounts instantly.

Under GDPR, nothing can happen with the European consumer's data unless they explicitly opt in. American consumers tend to ignore the fine print on company statements regarding the potential uses of their data, leading to an environment where companies expect them to opt in by default.

The voice-activated payment option through Assistant has been added to Google Pay's features to address situations in which consumers have to pay someone back, for example, after a weekend activity.

Samsung Pay became available Thursday, allowing users to load UniCredit credit cards, MyPay and MyOne prepaid and debit cards for payment directly from the Samsung Pay app.

The IATA said it's investigating how to apply faster payments to passengers, whether directly from the airline or indirectly via travel agents. Globally, airlines absorb more than $8 billion in costs for merchant fees and fraud.

China's declaration on Wednesday that its payments market is now open to foreign companies gives Chinese payments processors an opportunity to grow globally — but it's made similar moves before, with little effect.

Visa has appointed Marcello Baricordi as general manager for Middle East and North Africa, replacing Ihab Ayoub, who has left the company for personal reasons.

As gas stations add EMV-chip card acceptance at the pump, they will also find themselves rebuilding systems for loyalty programs and special offers that were reliant on their older hardware.

A partnership between SumUp and iZettle to provide mobile card readers will help the Church of England offer contactless, virtual terminal and mobile payments to its congregations.

The Clearing House expected to take some time to introduce its new network to financial institutions and play up its benefits.