Merchant

With even community banks getting hit by ransomware attacks, there's a long list of cybersecurity practices that bankers can expect their supervisors to scrutinize during upcoming exams.

CHICAGO -- In payments politics, it's difficult to imagine a topic that gets the blood flowing more than the EMV chip-card shift in the U.S.

Ingenico and Worldpay have renewed their partnership in Britain, affirming Ingenico’s role as Worldpay UK’s preferred supplier of payment terminals until 2020, a move that creates stability as both companies address merchant needs for in-store digital technology.

Approximately 37 million adults in the United States — a number roughly equivalent to the population of California — do not have a checking account. Some of those individuals have never relied on traditional banking.

Australian banks wants Apple to open up its payments system to third parties. U.S. banks are likely following the situation closely as many are looking to renegotiate their contracts.

While biometric authentication has garnered significant attention in recent months, its actual application in face-to-face environments has seen slow adoption to date.

Health care stands to benefit from automated and easier-to-understand billing and payments, but PatientPay is betting that ridding the system of paper is required on the benefits end as well.

CHICAGO – Mobile wallets are evolving in the key areas of availability and consumer awareness, but they continue to lack in the critical aspect of convincing users of their value, said Google executive Jack Connors.

Visa’s little-noticed purchase last year of a Silicon Valley-based rewards platform is playing a central role in a new loyalty program targeting Uber riders, starting in California’s largest cities.

Payworks, a payments technology services company, has launched a cloud-based payment infrastructure for processing in-person payments.