Merchant

Verifone and Global Payments are the latest payments industry providers to try speeding up the EMV checkout process, with each company agreeing to adopt Mastercard’s M/Chip Fast technology.

Every year, payments experts gather at SourceMedia's Card Forum to discuss the trends shaping our industry. Here are some of the major topics discussed at this year's event in Austin, Texas.

The U.S. shift to EMV technology has dramatically reduced levels of counterfeit card fraud, but merchants and the card networks are divided on whether it caused the expected shift of fraud to digital channels.

Executives at the embattled bank made clear Thursday that they are not discarding its long-standing strategy of selling additional products to existing customers.

There's an outbreak of email and telephone hoaxes in France falsely attributed to the country's central bank, as criminals multiply attempts to steal credentials from French companies and consumers, the Bank of France said.

In banking, as in any other industry, a company's brand is a precious commodity. But as the digital economy matures, card issuers are finding a greater need to hand the reins over to their partners.

Wells said slowing loan growth had hurt its aggressive efforts to lower its efficiency ratio, so it is doubling the expenses it aims to cut by 2019.

An upcoming release of Android Pay may have a biometric facial recognition component named “Visual ID," according to a recent teardown of the app. This functionality could open up numerous possibilities for merchants.

The good news: SBA lending is going gangbusters and business owners are optimistic about growth prospects and their ability to access credit. The not-so-good news: Many firms are still not particularly interested in borrowing and startups are not the engines of job creation they once were.

There's been a lot of regulation against interchange fees, but there are some signs of easing in both the U.S. and U.K.