Payment processing

In her work as a data scientist for several payments startups, Afra Khan's key skill is leveraging fast-evolving technology tools to analyze consumer financial behavior and block fraud before it strikes.

Kroger payments chief Kathy Hanna is helping to drive a digital transformation of how consumers engage the supermarket chain.

Chip cards have decreased card fraud, but online fraud is on the rise. By asking the right questions, merchants can find payment partners that can fight the fraud migration.

Downward pressure on Canada’s bank fees continues, as Bank of Montreal this week announced it’s eliminating fees for Interac e-Transfers for all customers with Canadian checking and premium-rate savings accounts.

When Visa turned part of its technology shop into an innovator's sandbox, the card brand hoped it would accelerate its evolution from a rail for plastic cards to a diverse commerce enabler.

Third party technology development from APIs and real-time digital payments are expanding, creating a new area of security risk.

Financial services providers and fintech startups in the U.K. will soon have another bank to work with to gain access to the country's payment systems and core banking technology — and potentially save money in doing so.

The retailer is set to announce Tuesday that it is updating its app to allow its customers to input money transfer information electronically rather than having to fill out paperwork in the store.

Jennifer Miles will join Ingenico later this year to help the company's North American expansion and mobile point of sale efforts.

When Zelle launches, it will not allow users to share information about their payments with other folks in their network. That decision puts the P-to-P service on a different course than Venmo, its fast-growing rival.

When Zelle launches, it will not allow users to share information about their payments with other folks in their network. That decision puts the P-to-P service on a different course than Venmo, its fast-growing rival.

Thousands of U.S. merchants are still holding out against EMV because they see no immediate threat from counterfeit card fraud, and business goes on. But a less obvious change in payment card acceptance may finally force them to upgrade.

The Canadian Federation of Independent Business (CFIB) and Mastercard have reached an agreement that will reduce payment card interchange rates for members of Canada’s largest small-business organizations, bringing them on par with large merchants’ rates in the market.

First Data's quest to be viewed as a diverse digital company means it can't just offer a product; it has to offer a platform that other companies can use.

The technology can help to speed processing, and the number of banks investing in the technology is expanding rapidly.

As American Express and Citigroup clashed over which issuer would get the coveted Costco Warehouse credit card business, one area remained undisputed and out of their hands: Payment processing for Costco's small business clients.

Sri Lanka-based Bank of Ceylon (BOC) is expanding its relationship with Mastercard by adopting Mastercard Integrated, a configurable payments processing platform introduced last year in Asia enabling card issuers and acquirers to tailor the features of a broad range of payment products.

Private equity firm TA Associates has backed Retriever Medical Dental Payments Inc., a payments technology provider for large healthcare providers, with a minority investment.

The Delaware company is also close to completing a compliance program to address anti-money-laundering and Bank Secrecy Act issues.

The scenario where someone uses a check's "float" to purchase something before they have the funds is still more common than many people think, according to the founders of Float, a startup that sends emergency "credit" to a consumer's debit card.