Merchant

As more merchants worry about EMV card slowdowns ahead of the holiday shopping season—when bottlenecks at checkout points could lead to many lost sales—more companies are coming up with their own ways to slash EMV payment times.

Even as mobile wallets continue to struggle with consumer adoption, yet another iteration of payments technology is rapidly coming over the horizon: the Connected Car.

Preventing fraud across multiple purchasing channels is the next major paradigm shift for bank card issuers and merchants.

Kohl's department stores have joined the mobile wallet movement, offering customers the option to link their closed-loop Kohl's Charge cards to the company's mobile app to make mobile payments and redeem rewards.

The state of Washington halts a plan to update its 15-year-old member business loan rule while the federal regulation undergoes a legal challenge from the Independent Community Bankers of America.

Online fraud is on the increase, but the good news is emerging technology can protect digital identities.

Harley Financial Services has launched business payments software HarleyPay for its merchant clients through provider linked2pay's Bank Centric Payments platform.

The $21 billion-asset bank said Monday that it had hired John Gannon as group manager of Small Business Administration lending and Clyde Thompson as credit officer.

Visa Inc., MasterCard Inc. and American Express Co. lost an early round of a lawsuit alleging they colluded to pin liability for fraudulent transactions on merchants who didn’t meet a chip-reading technology deadline.

Blockchain and payments have come to go hand-in hand since it emerged to power bitcoin, but the real pain financial institutions are looking to solve is enhancing global currency transactions and shortening settlement cycles.