Merchant

NACHA's adoption of same-day payment, or ACH (Automated Clearing House) payment - allows businesses and customers to benefit from receiving same-day transaction processing, though with security risk.

The Internet of Things is ready to take off in modern retail in the coming year, spurred by a growing connection to consumer payments.

One in every three card-present transactions globally from July 2014 to June 2015 involved an EMV-chip card, according to EMVCo.

Target Corp. is tight-lipped on the details of its proprietary mobile wallet, but reports of the retailer's plan for a software-based wallet app early next year are adding to the concern that the mobile wallet market is becoming oversaturated with options too early in its lifecycle.

JetPay Payment Services, a unit of JetPay Corp., is working with the lending platform provider Credibly to give JetPay's distribution network access to Credibly's technology.

A well-known advocate in the consumer debt relief industry is under investigation by federal authorities in Washington, D.C. and Montana for business ties to payday lenders.

Lawmakers are requiring the Department of Education to drop a formula that gives preference to four major federal student loan servicers and instead divvy up the accounts based on performance measures.

Separate actions involved a company and an individual that resold sensitive personal data to debt collectors and lenders, allegedly exposing millions of consumers to harassment and deceit.

With the zeal and thoroughness that the EMV transition has been discussed and covered over the past six months or so, you’d think it was the only technological innovation hitting payment cards in the marketplace.

Apple Pay and Samsung Pay are coming to China in early 2016, in a potential defensive move by China UnionPay to fend off competition from domestic mobile payment rivals on the rise in China, including Alipay and Tencent.