Technology

Payment processing and technology provider Vantiv Inc. is partnering with merchant acquiring bank Credorax to expand cross-border e-commerce payments for Vantiv clients.

As merchants prepared to swap out their aging magstripe terminals for modern EMV card readers, acquirers hoped that this widespread demand for equipment would flood ISOs with revenue. But instead, some are finding EMV simply added to their expenses.

Biometric authentication has been "replacing" passwords for a long time, but for the most part accounts still rely more on remembered credentials than physical identifiers.

Payment processor Heartland Payment Systems Inc. and global payment provider Computop have agreed to integrate their platforms to provide international payment processing.

Data security vendor and researcher Trustwave has appointed company veteran Michael Petitti as senior vice president of global alliances.

The focus on the smart-home device marks the latest frontier in the ways in which banks and payment companies are testing features on cars, fridges, watches and other internet of things.

The confusion over how banks categorize chargebacks has become the latest minefield in the transition to EMV chip cards in the U.S. And the sheer volume of chargebacks has forced some merchants to turn to legal action, questioning the entire migration process.

Bluetooth beacons — small nightlight-sized devices that can communicate with a mobile app as shoppers move throughout a store — may have the same potential for bank branches as they do for mega-retailers like Target Corp.

The card brand is updating the Visa Checkout online payment platform with a new button that asks users to swipe, rather than click, to initiate a payment.

Berkshire Hills Bancorp in Massachusetts invested in technology to beef up its small-business lending, an area ripe for the picking by alternative lenders.