Cards

Media properties and financial services rarely go hand in hand, but in Canada one partnership is testing whether today's millennials will be more open to that kind of pairing.

The digital gift card is one of the rare examples in the payments market where more options may not necessarily be the best thing for consumers.

With the EMV migration continuing, it is critical that organizations keep in mind that EMV is not the security “silver bullet” that businesses might hope for. Rather, it is only one piece of a layered approach to fraud prevention that businesses should incorporate.

The pressure on merchant acquirers to enable transactions in more channels for more merchant types is accelerating, and TSYS is turning to the M&A market to accelerate its digital diversification, announcing an agreement with Vista Equity Partners to acquire Vista portfolio company TransFirst for $2.35 billion in cash.

Prepaid Financial Services, a provider of e-money and banking solutions, is rolling out a government-sponsored prepaid card program for refugees and asylum seekers in Europe.

Steve Streit, who founded the prepaid card pioneer in 1999, is taking fire from an investment firm that owns 6.2% of the company.

Consumers may not care much about mobile payments, but many of them care a lot about mobile loyalty.

Vending machines were among the first categories to accept contactless mobile payments, but they still rely heavily on cash for impulse snack purchases — at least for now.

Diebold has launched a mobile-enabled, self-checkout concept based on its automated teller machine systems.