Merchant

Here are companies whose strong visions and timely ideas commanded attention at the technology conference in New York this week.

The Clearing House is working to add its Real-Time Payments (RTP) network as a third payment rail for Early Warning Services’ Zelle P2P payments service and to enable Zelle bill pay and possibly point of sale transactions.

Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, proposed having the central bank update Congress on measures to strengthen its own cybersecurity as well as that of institutions under its watch.

PayPal must pay a fine to the U.K.’s top financial watchdog for failing to keep its operations completely separate from iZettle while authorities investigated competitive effects of PayPal's purchase of the Sweden-based mobile POS provider.

The major technology companies that have chipped away at incumbent payment businesses face much larger competition from this year’s big processing mergers, but they’ve also bulked up through fundraising and product development.

As mobile and contactless payments expand, the need for instant issuance will be greater, says CPI Card Group's Rob Dixon.

The San Francisco startup plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with.

Congress should consider acting quickly or companies could treat the Golden State's new data privacy restrictions as a national standard.

Emphasizing its expansion into multi-channel payments, Credorax is partnering with mobile point of sale developer BBPOS to provide mobile POS solutions for independent software vendors and sales organizations across Europe.

The U.S. should pass a law with the teeth of GDPR or PSD2, says KnowBe4's Lecio De Paula Jr.