Technology

Executives at card networks and issuers are concluding that tried-and-true marketing methods can still expand card acceptance in an increasingly digital world.

YapStone has named technology and payments systems veteran Daniel Issen as its new chief technology officer.

While issuers and merchants scramble to issue EMV-chip cards in the U.S., Gemalto is taking a longer view into the cards' environmental impact when they are discarded as part of regular reissuance.

Experts from the banking, retail and technology sectors gathered last week for SourceMedia's annual Card Forum and Expo, sharing their predictions for the payments industry's next step. Some were involved in Apple Pay from day one; others are looking past it to the next big thing.

Papa John's is integrating its mobile and online checkout process with Venmo, a PayPal-owned system that fuses mobile and social networking to enable person to person payments.

From RBC's perspective, the future will be better served by multi-purpose devices like the Apple Watch, which can store multiple card accounts and be controlled by the consumer from a Bluetooth-connected smartphone.

Only 10 people in the bank were allowed to know what the project's goal was, and the other Apple Pay partners were known only by code names. But even though Apple was running the show pre-launch, U.S. Bank had a daunting task ahead of it once the restrictions lifted and Apple revealed its mobile wallet to the world.

The payment companies that serve micro merchant communities face many inventive fraud schemes, and the fraudsters behind them are getting wiser about how to appear legitimate.

Lyle Beckwith of the National Association of Convenience Stores argues that debit card interchange is unfairly high. But this argument ignores several key points.

Bank regulators plan to release their self-assessment tool later this quarter to gauge institutions' cyber readiness, but many see it as sign of more prescriptive measures down the road.