Network rules

MoviePass has pulled its participation from 10 AMC movie theaters following disagreement over the theaters’ support of MoviePass’ $9.95 monthly movie subscription model, which uses a Mastercard to guarantee payment through its app.

To free the payments industry from seven decades of standards and legacy operations, the Secure Remote Payment Council is asking more stakeholders to embrace the concept of an open operating standard for security and transaction routing.

If it wasn't before, it's official now. Signature authorization in North America will largely cease to exist in April.

Visa did not attribute its shutdown to the use of bitcoin, but the incident is a further reminder — as if one was needed — that cryptocurrencies' volatility extends beyond their dramatic pricing swings.

With most of the major card brands deciding to no longer require signature authorization on card transactions, merchants want to see more network rules go the way of the dinosaur.

Merchants won't know for sure until about midway through 2018 whether they received a significant win, after the U.S. Supreme Court will rule on the anti-competition complaint against American Express.

Global testing laboratory FIME is opening its first office in China to meet demand for Chinese payment vendors expanding globally.

As Mastercard, Discover and American Express all plan to drop signature authentication at the point of sale, Visa is largely mum on the topic. But does it really need to weigh in?

In the U.S., Visa Direct has emerged as one of the few go-to tools for fast payments in a market that is overdue for such options. The product's true test begins now, as Visa launches it in Europe, where faster payments options are far more plentiful.

American Express will launch its next generation of online authentication system, SafeKey 2.0, early next year with support for biometrics technology and mobile commerce.

It has taken nearly two years since the EMV liability shift in the U.S., but restaurants are adapting to new point-of-sale technology that includes EMV and mobile capabilities.

Unattended gas pumps would seem to be the perfect use case for EMV's anti-counterfeiting security, but many gas station owners are putting off their upgrades for as long as possible due to hardships that other retail categories don't face.

Square Inc.'s addition of mobile chip-and-PIN in the U.K. and Australia markets is setting a precedent that some in the U.S. are loath to follow.

A situation brewing in movie theaters that hinges on card network rules could have broad implications for the entertainment industry.

Companies behind the most popular U.S. credit cards said they are severing ties with extremist organizations that incite violence after they came under pressure to stop providing ways for white supremacists groups to raise funds.

As a large furniture retailer in South Florida, City Furniture had to decide whether to move quickly to upgrade terminals and avoid the October 2015 EMV chip card liability shift, or stay on track with a process it was already engaged in for a mobile point of sale system in its showrooms.

Despite the considerable momentum behind contactless technologies such as NFC, the unloved but effective QR code continues to live on. QR's success keeps outweighing its clunkiness, winning more support from companies that might otherwise prefer newer technology.

Some merchants, issuers and processors are concerned that the card brands will tout their "ownership" of payment card prefixes as a basis for requesting that mobile transactions on their cards be routed to their networks and screened through tokenization services they provide.

As unattended devices, gas pumps would perhaps benefit most from EMV's anti-counterfeiting tech. They have also been among the most difficult to upgrade, prompting the card networks to give gas stations extra years to get EMV compliant. But there is progress.

As unattended devices, gas pumps would perhaps benefit most from EMV's anti-counterfeiting tech. They have also been among the most difficult to upgrade, prompting the card networks to give gas stations extra years to get EMV compliant. But there is progress.