Cards

Green Dot late Monday announced a five-year renewal of a prepaid card contract with Walmart, though the retail giant will get a larger share of revenue.

U.S. ATM operators still in the process of upgrading to EMV-chip card acceptance must also be ready to accept debit cards with common application identifier coding.

Financial services technology provider Fiserv has updated its capabilities to handle EMV-chip card production entirely in-house.

Forget about Bitcoin or other digital currencies. Consumers already have an alternative to cash – reward points – and the fast development of mobile wallets will enable them to spend these points widely.

Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.

The nature of fraud in the U.S. is about to change radically, as fraudsters adapt to EMV security at the point of sale by shifting their attention to e-commerce channels. Accompanying this shift are changes to the consumer's role in spotting fraud — but this could be as much a burden as it is a benefit if banks and merchants are not careful.

NCR in Duluth, Ga., may be a target for a possible takeover by private equity firms Blackstone Group and Carlyle Group.

Ecobank Transnational Inc. and MasterCard have agreed to promote electronic payments throughout Central and West Africa, accelerating use of payment cards for consumers and mobile card readers for merchants.

Prepaid and payments company Blackhawk Network has reached an agreement to buy Achievers Corp.

Diebold Inc. contacted Wincor Nixdorf AG about a potential acquisition last week, according to a person familiar with the matter who asked not to be identified because the matter is confidential.

The October deadline for EMV-chip card adoption is fast approaching, and banks that are behind the curve are turning to instant issuance to quickly get chip cards into the hands of their customers.

Amazon.com Inc. built a Web- retailing empire by persuading consumers to pay for books, electronics and other merchandise online. Now it's targeting the next generation of shoppers.

U.S.-based payment processor Total System Services (TSYS) has launched a service called Chip Card on Demand that provides issuers the option to add EMV chips to compatible magstripe cards during the production process.

One of the iconic images to come out of Google's Android Pay presentation last week is its app loaded with one American Express card — and three retailer loyalty cards.

According to new stats released from The Payments Council in the U.K., consumers and businesses in the U.K.—for the first time—are making more non-cash payments than cash ones.

One of the more difficult challenges of the U.S. EMV conversion is getting the word out, especially given the urgency of the October deadline the card networks set for a fraud liability shift.

ATM operator Cardtronics has signed an agreement to divest its U.K. cash-in-transit operation for retailers to international cash handling services company Loomis.

Wells Fargo has partnered with NCR to deploy an outdoor, full-service ATM designed to provide consumers extra transaction options in nontraditional locales.

ATMs have long been a target of fraudsters hoping to steal a large amount of card data from unsuspecting consumers, and the problem looks like it can only get worse before it gets better.

MasterCard is betting that faster payments will appeal most to corporations and government agencies — not for collecting payments, but for disbursing them, particularly for insurance claims.