Technology

Despite some early success, it can’t be ignored that there are still many merchants that cannot accept EMV chip cards.

As JPMorgan Chase gears up for the launch of the merchant-friendly Chase Pay wallet, it's taking the opportunity to freshen its approach to P-to-P mobile payments.

Community banks and credit unions have banded together to use their combined bargaining power to wrest better terms from what they regard as an oligopoly of core processing vendors.

Banks will likely take a wait-and-see approach before connecting their apps to Siri, Apple's talking digital assistant. Such conservatism poses risks as consumers increasingly demand the latest digital features.

A new assault on the major card brands over debit transaction routing got a boost this week when Home Depot sued Visa and MasterCard, alleging the card brands are pushing for the more expensive signature debit routing.

Samsung Pay has launched in Australia with support from American Express and Citigroup, though it said it is expanding its "partnership ecosystem."

American Express has joined Visa and MasterCard as a major card brand offering faster authorization at the point of sale to ease the perception that EMV payments take too long.

E-commerce merchant sites powered through IBM commerce solutions will soon be able to offer customers Apple Pay as a payment option.

If banks don't weigh in on an appropriate privacy standard, they risk letting outside events spark onerous new regulations.

Merchants and cardholders alike have been challenged by the perceived additional time to complete the EMV transaction. These concerns pushed both Visa and MasterCard to create a response to improve the speed of transacting: Visa's Quick Chip and MasterCard's M/Chip Fast.