ISOs

The payments industry often relies on ISOs and agents to disseminate news to merchants, so why should the swipe-fee lawsuit settlement play out any differently?

PCI services and merchant intelligence provider Sysnet Global Solutions is working with iScan Online, which specializes in security scanning of devices, to provide acquirers with new mobile security.

An ISO based in Southern California is using LeafPresenter point-of-sale tablets to differentiate itself from competitors and save money for merchants.

The PCI council continues to expand its reach, with the intent of remaining a strong guide for data security well into the future.

First Data has signed an extension of its merchant services partnership with Provident Bank, a $7.3 billion-asset bank that services central and northern New Jersey.

A few merchants may begin using fingerprint scans to authenticate electronic transactions within the next year, and the practice could spread significantly in three to four years, a vendor says

Capital Access Network is cutting the time it takes for ISOs to secure small business capital for merchant clients by digitizing traditional channels with CAN Mobile Funder.

WorldPay US has entered an agreement to purchase Century Payments, building on a four-year partnership between the two payments companies.

The Isis Mobile Wallet initiative has suffered a setback with Capital One and Barclays pulling out of current testing, but the Isis venture has many issuers staying on to fuel its upcoming nationwide launch.

Credit cards might disappear from the face of the earth one day, but the security standards that protect them seem unlikely to suffer a similar fate.

Payment terminal maker VeriFone has appointed Paul Galant, previously a Citigroup payments executive, to be its chief executive officer and a member of its board of directors, effective Oct 1.

MasterCard is emphasizing airline boarding, wearable computing, and other goods and services to win consumers’ business long before they pay.

Commerce Payment Systems, a Long Island-based ISO, has found a way to close 30% more deals and cut costs at the same time.

Columbus Data Services, an ATM processor, has completed MasterCard end-to-end certification for all Triton ATM products. As a result, CDS is now processing transactions that comply with the EMV-chip card standard on MasterCard networks.

When Shae Whitney was selling bitters at farmer's markets for a year and a half, she used Square's mobile card reader to accept payments. But when she opened a retail location with her partner in June, she switched to Groupon's iPad-based point of sale system, Breadcrumb.

Payment processor Cynergy is getting into the mobile point of sale game, hoping its existing mix of merchant services and mobile technology will capture attention in a crowded market.

MCX, a retailer-driven mobile commerce initiative, is being steadily built upon retailers' desire to control their own customer data and possibly lessen the sting of, or bypass totally, card payment interchange fees. But it must still deliver two key things: a brand and a product.

The launch of PayPal’s revamped mobile app may demonstrate the company has laid the foundation to become a serious offline payments player.

Seven card-issuing banks can sue Heartland Payment Systems Inc. for negligence stemming from the processor’s 2008 data breach, the 5th U.S. Circuit Court of Appeals has ruled.

Cynergy Data has chosen Roam’s white-label product to power its Vwalaa mobile payment brand.