Payment processing

Check imaging reduces the need to handle paper, reduces clearing time and paves the way for mobile deposit and remote capture. However, this new functionality also means financial institutions take on greater risk from electronic acceptance, images in the cloud, and significantly reduced float times.

Verifone has spent years clawing its way out of a crater it dug for itself, so a fresh coat of paint on its website might seem like a minor thing. But it signals the latest big shift in the company's sales strategy.

The company is diversifying from its traditional payments processing business into a broad-based provider of payments technology and data services.

Ant references data breaches connected to Euronet and warns of job losses if the European company were to acquire MoneyGram.

The speed of the crooks and the threat to retailers and customer data is more than enough reason to get aggressive with new identity protections.

The software allows chip card terminals to be operable much faster than with full certification. In other markets outside the U.S., semi-integration is widely used.

Harland Clarke's acquisition of RetailMeNot provides a broader range of marketing technology to serve merchants that are looking to improve mobile-driven sales against competitors such as Shopkick and Foursquare.

Harbortouch seeks to add marketing services to its existing point of sale equipment line.

Payment and marketing company Harland Clarke Holdings has agreed to buy the popular online coupon site RetailMeNot for an equity value of $630 million, a deal that would add digital discount technology to Harland's existing merchant services.

The company is touring the U.S. in a large truck that contains its latest point of sale technology for banks and merchants.

A technology development program will provide access to mentors and collaboration for developers.

Speakers at PSCU's 2017 Member Forum offered insights on a host of issues related to payments, cybersecurity, leadership and more.

For London-based fintech provider Tramonex, seeing so many Chinese tourists visiting the U.K. meant a chance to join the success of WeChat Pay. But how to accomplish this was less clear.

Ingenico ePayments is giving merchants a new way to engage consumers at the checkout by offering a choice of games enabling participants to win merchandise instead of having to pay for it.

PayPal Holdings Inc. and Visa Inc. said they are extending into the Asia-Pacific region a partnership that currently covers only the U.S., in a move aimed at boosting transactions via digital payments for both companies.

The U.S. merchant acquirer-processor arena is so mature that the only dramatic gains typically come from consolidation, leading to even more formidable combinations that make the next phase of growth even tougher. But there are also opportunities for companies that know how to specialize.

As digital and mobile capabilities have taken hold on payments and data security, acquirers and independent sales organizations have needed to quickly ramp up their tech knowledge.

International payments technology provider Cardtek has created the emPAY mobile wallet with partner Emcredit to develop a nationwide payment platform in the United Arab Emirates.

Merchants storing and batch processing payments offline in the U.K. are opening the door for fraudsters to potentially use contactless cards that have been reported lost or stolen for several months after a bank cancels them.

Wells Fargo & Co. is expanding its ExpressSend remittance payout network in India to include Axis Bank and, beginning next month, expanding a free-transfer promotion previously available only for those sending at least $500.