Cards

Canada is well ahead of the U.S. in its adoption of the EMV chip-card standard. That places BMO's Kevin Tait in a bit of a time warp, since a large part of BMO's corporate payments operations are in the U.S.

In an interview with PaymentsSource, Cohen describes the opportunities that arise for companies like Merchant Warehouse amid the rapid changes taking place in the payments industry.

Global money transfer company Xoom is launching Pay Only When Received (POWR), a model through which the company does not withdraw money from a sender's bank account until the funds reach the recipient.

American Express Co. faces many challenges over the way it operates, but the CEO's 2012 compensation signals that the company is focusing on its strengths.

Independent sales organizations and agents can use automated clearing house and credit card data to identify the most likely prospects for transaction services.

NASHVILLE, Tenn. – A region-wide department chain filed suit against Visa challenging the payment card industry standards under which the merchant was fined $13 million for a 2010 data breach.

Western Union has released two new mobile applications for its Western Union Speedpay service.

B+S, a German payment processor, will provide services that would give merchants in the UK the ability to accept card payments from Chinese tourists making purchases.

At Golden 1 Credit Union, consumers' habit of favoring debit cards over cash created an opportunity to promote mobile payments—with an added lure of integrating other mobile services.

PayPal's recent updates to its software tools for developers provide a clue to its long-term plans for the Card.io, the mobile payments tech provider PayPal bought last year.

Doug Bergeron will step down from his roles as CEO and a board member at VeriFone, effective March 12, the point of sale terminal maker said today.

Payment systems provider ACI Worldwide has completed its acquisition of Online Resources Corp. in an all cash transaction for $3.85 per share—a deal that adds payments and financial services bulk to ACI.

IDT Corp. and Fiserv have entered into an agreement that will expand IDT's Boss Revolution international calling service and the CheckFreePay walk-in bill payment service from Fiserv.

Samsung and Visa will likely demonstrate the full potential of their contactless mobile payments alliance at this week’s unveiling of the Samsung Galaxy S IV smartphone.

American Express is doing a lot to shed its image as the card for the elite. In recent years Amex has worked with Twitter, Facebook, Foursquare, video game companies and other new partners to win the favor of young adults.

The ATM Industry Association is calling for an extension to the April 19 deadline when ATM owners and operators are scheduled to become responsible for foreign transaction fraud, arguing the EMV migration timeline for the ATM industry should mirror the longer deadlines placed on merchants and retail point of sale.

TAMPA, Fla. -- Card Services for CUs is offering credit union members the ability to capture data on every Visa credit and debit card transaction made with VisaVue Online, a web-based tool that offers a variety of options for analyzing credit and debit cardholder usage.

Michael Duffy, president of Chase Paymentech, passed away Thursday night. He was 54. Dan Charron, the executive vice president of client services, has assumed the role of acting head of the Dallas-based merchant acquirer subsidiary of JPMorgan Chase.

BIPS’ strategy: Make it easy for merchants to get started with Bitcoin, aggregate their balances with the company, and make money over time on foreign exchange conversion and premium services.

Apple's Passbook has no payment function of its own — it is a blank canvas for other developers to add their ideas. In this way, Apple's featureless mobile wallet is fast becoming one of the most full-featured options available today.