Fintech

The PCI Council is likely to benefit from the heightened awareness around ATM security, particularly MasterCard's push for EMV chip-card acceptance at ATMs, as it seeks feedback on its ATM Security guidelines.

The medical marijuana market once represented a new opportunity for merchant processors, but it dried up almost overnight when the major U.S. credit card networks more or less banned them from processing such sales — even in states where it is legal.

Isis, the mobile-payment venture backed by AT&T, Verizon Wireless and T-Mobile USA, won't debut by the end of September as planned, extending delays for a service once expected to start by the end of June.

Each time the Payment Card Industry Security Standards Council felt it was ready to establish a written-in-stone requirement for securing mobile payments, the technology — and the fraud committed against it — changed.

American card issuers and acquirers are "dragging their feet" on the transition to the EMV chip card standard, but some companies hope to speed the transition by making a clear business case for the technology.

Dynamics, a provider of payment cards that can dynamically rewrite their magnetic stripes or smart chips, unveiled another variant of its design this week.

Some 470 7-Eleven Canada stores now host Cardtronics' Allpoint Network surcharge-free ATMs. This deployment extends the Allpoint network into Canada.

SAN JOSE, Calif. – Members of Tech CU were scheduled to meet in a special meeting last night to debate and vote the $1.6 billion credit union’s conversion to a mutual savings bank, the biggest credit union conversion to date.

TINTON FALLS, N.J. -- With two weeks still left in United Teletech Financial FCU’ Million Dollar Community Challenge, the $1 million dollar goal has been reached.

The Near Field Communication chip used in many mobile wallets was conspicuous by its absence during Apple Inc.'s unveiling of the iPhone 5.