Merchant

The U.S. is increasingly moving toward the EMV chip card standard as a panacea for credit card fraud, but it actually may be a Pandora's box.

VeriFone Systems Inc. is buying European payment and gateway services provider Point, the terminal maker announced Nov. 14.

Valve Corp., the company that provides the popular PC game platform Steam, disclosed Nov. 9 that it suffered a data breach this month.

Near the end of the Federal Reserve Bank of Chicago’s one-day payments symposium Sept. 26, Wal-Mart Stores Inc.’s Jamie Henry posed a question that had yet to be answered during the previous eight hours.

Mobile Money Network has landed a major retailer to participate in the initial phase of a mobile-payment software application launch that will enable United Kingdom consumers to purchase products for home delivery from any location by typing a product code into their phones, the London-based mobile commerce company announced Nov. 4.

Square Inc. continues to secure investors, and the latest one is bringing a lance to the table.

Bank of America Corp. is the second major card issuer to buck a recent smart card trend by structuring its EMV cards for U.S. commercial cardholders traveling abroad with chip-and-PIN technology instead of chip-and-signature.

Accertify Inc. will add its fraud-prevention program to the mobile-banking offerings of several Latin American banks after signing an agreement with payment processor Tik Tek Solutions, S. de R.L. de C.V, the fraud-prevention and risk-management provider announced Nov. 7.

Executives at Ingenico SA see an opportunity to boost the France-based payment-terminal maker’s market share in North America, where a shake-up has occurred over the past few months involving the region’s top two vendors.

Intuit Inc. has secured another partnership with a telecommunication company to sell its GoPayment software application and card reader.