Kate Fitzgerald

Large merchants are EMV-ready, but they're less likely to support NFC-based mobile payments; the opposite is true for smaller merchants.

It would have to take something big for consumers to flock to a mobile wallet en masse. Whether it meant to or not, California-based RadPad found out what consumers wanted, but it wasn't prepared for the aftermath.

Fuel card issuers in recent years have consolidated operations through acquisitions. Norcross, Ga.-based Fleetcor in 2014 purchased Comdata for $3.45 billion, and WEX in 2012 bought Fleet One.

With the Consumer Financial Protection Bureau expected to release tighter rules for prepaid cards in the next several weeks, prepaid issuers are pushing what they see as advantages over banks, such as fast access to payroll funds.

There’s no way to gift-wrap the EMV woes for issuers and retailers around the upcoming holiday sales season.

Diebold Nixdorf’s shiny new corporate moniker is already threatened by a possible deep investigation by U.K. authorities into the company’s possible anti-competitive violations.

As it charts a long-term digital payment strategy, TSYS has hired Karim Ahmad, a management consultant with a background in financial technology, to be as head of global product and innovation.

A new national push for financial inclusion in India is getting results, triggering a recent surge of growth for RuPay, India's evolving domestic payments scheme.

Phillips 66 is the third major merchant to come aboard for JPMorgan Chase & Co.’s upcoming launch of Chase Pay—alongside Starbucks and Shell Oil—and the byproduct of this deal is an overhaul of the gasoline and convenience retailer’s existing, relatively bland apps.

China UnionPay has launched its NFC-based QuickPass mobile payment system in Canada, marking its first acceptance by merchants in North America.

Diebold Inc. has completed its $1.8 billion deal to acquire Wincor Nixdorf, becoming the world’s largest maker of ATMs.

ItzCash and India’s RBL Bank have formed a partnership to launch the country’s first cobranded prepaid card powered by the government-backed RuPay Network, the latest example of India's efforts to rapidly accelerate financial inclusion.

A rash of scams targeting foreign students is turning the business of handling tuition payments from a relatively low-risk proposition to one fraught with challenges.

Walmart Pay has been available nationwide at Walmart stores for several weeks, but consumers haven’t taken much notice — a foreboding sign for those hoping for a breakthrough with merchant-branded mobile payment apps.

Payza, a U.K.-based global online payments platform, has expanded the reach of its prepaid Mastercard, which is linked to an existing mobile wallet, to 190 countries.

Dubai-based payment service provider Payfort has formed a partnership with Mastercard to improve fraud-screening and streamline the checkout process for e-commerce and mobile point of sale transactions for hundreds of merchants across the Middle East.

Fourteen banks in Taiwan have launched a mobile wallet using a shared technology platform developed by Mozido, marking one of the first rollouts of the Austin, Texas-based company’s global Host Card Emulation (HCE) solution.

A coalition of Canada’s largest vending machine operators has formed a partnership with Portland, Ore.-based payments technology startup PayRange Inc. to add mobile payments through Bluetooth technology.

The U.S. EMV migration has been rough, but one of the sharpest pain points of all was felt by merchants not yet processing chip cards who were hit by a costly surge in chargebacks.

Overall card fraud losses in Europe have declined slightly over the last five years, but that trend is starting to reverse course, based on new data from FICO and Euromonitor International that points to sharp regional upticks in card-not-present fraud.