Payment processing

Employers have to find a way to keep associates productive and satisfied while this transition in payments experience is underway, writes Mike Zorn, vice president of Workplace Strategy at WorkJam.

The concept of a digital payments platform that taps into consumer bank accounts is an old one. But there are still opportunities to implement it in new ways.

There are still regions where contactless and EMV cards are slow to roll out, and Mastercard is working to bring these markets up to speed so that they are ready for future innovations.

Banks are capitalizing on changing consumer habits - and satisfying a pressing need to diversify their loan portfolios - with a spate of instant point-of-sale loans for everything from iPhones to home improvements.

Payments processor Shift4 Payments has acquired three point of sale companies that it will integrate to strengthen its presence in the hospitality POS market.

JPMorgan says it will deploy Total System Services Inc. technology when issuing virtual payment cards to commercial clients.

When asked to discuss the corporate gender gap, Linda Perry paused, just long enough to be noticeable in 30-minute phone conversation. She took that moment to ponder how pervasive predatory behavior remains inside the workplace — and how to address it as both an issue of culture and as a business challenge.

Putting money directly in people’s pockets requires more speed and efficiency through innovative technologies and payments systems, writes Deirdre Ives, managing director of Wirecard North America.

In the rising tide of e-commerce fraud, one of the trickiest areas to control is so-called friendly fraud, particularly within the growing markets for digital goods.

Walmart is the first major merchant to add Fiserv’s Accel signature debit service following the debit network’s recent expansion of routing options, in a move to cut costs for card acceptance.