Payment processing

Total System Services Inc. said its income surged during the second quarter of 2017 based on continued revenues that totaled $1.2 billion, up 6.1% from $1.5 billion a year earlier.

Visa has led a $25 million investment round in open card issuing platform Marqeta, and the two companies will collaborate on consumer and commercial payment projects.

In early fall, the central bank is expected to announce its next steps regarding how to improve the aging U.S. payments system.

Cyberattacks are on the rise, but that doesn't mean becoming a victim is inevitable. The right preventative measures and best practices can help secure digital assets and customer data, writes Robert Fifield, co-founder of Payably.

For the last two years, the central bank has allowed the private sector to drive a process aimed at modernizing the nation's payments system. Now the Fed will have to determine what its own role will be.

The ruling could limit the U.K. as a venue consumer class-action suits.

Same-day Automated Clearing House transactions exist, in part, as a first step in the faster payments initiatives taking place in the U.S. But are they lucrative enough for acquirers to add to their portfolio?

As an industry, payment system providers and other IoT systems makers in all stripes and colors need to shift the paradigm and build in tamper-proof security based on their original configuration, writes Assaf Harel, CTO of Karamba Security.

An influential task force established by the central bank envisions a future in which the U.S. has multiple real-time payment systems, and in a new report it lays out a series of actions that will be necessary to stitch them together.

Ingenico's $1.7 billion deal to buy Sweden's Bambora will reduce the company's reliance on brick and mortar retail while arming it for battle in the highly competitive market for digital commerce and payments.

Ingenico is using acquisitions to build scale and respond to the growth of new technology in the payment services industry.

Hub brand requirements are modest compared with retail systems. They communicate reputation and trust to a relatively small set of sophisticated firms they hope to serve.

Increasingly, the acquiring and ISO business has taken the view that advances in technology that originally looked like threats instead made it easier to sell more products and support more payment types. But this opportunity won't last forever.

Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online shopping.

Bay Dynamics and Symantec are working together to better protect payments and personal data from insider threats.

Credit card or personal data transactions getting processed through IBM equipment will soon benefit from "one-click" data encryption in a powerful new mainframe.

Seeing a need for virtual and legacy payments worlds to better connect, Push Payments and partner linked2pay developed a real-time payments system that can function as that connective tissue.

Advanced operating systems can run marketing and support services such as Apple Pay. Merchants would be well served to consider the diverse options of new terminals, writes Ben Wagner, director of solutions at Ingenico Group, North America.

North American Bancard Holdings has completed its acquisition of Total Merchant Services, a merger that NAB says will make it the seventh largest processor in North America in terms of merchant locations.

Prepaid payroll companies are delivering new functionality and processes that enhance cardholder experience, writes Tal Clark, senior vice president and head of Money Network at First Data.