Payment processing

Verifone's presence in the mobile point of sale market is as old as Square's, but it has had a bit more trouble reaching Square's market. This year, Verifone's strategy will be to move the goalpost — and to chop it up into smaller segments.

Square is "betting big on Near Field Communication," but not to the point the company would consider bringing back its own Square Wallet app, CEO Jack Dorsey says.

Retirement was good for Pamela Joseph, former head of U.S. Bank's Elavon business, but not enough to overcome the lure of a high-level executive role at Total System Services, a company rapidly transitioning into a new age of digital payments.

ExxonMobil, the world's largest oil company, now accepts Apple Pay at a majority of its U.S. gas stations.

Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.

A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks.

Apple Pay’s struggles to build its user base are nothing compared with the labors of Sionic Mobile, which has been on a six-year odyssey of inventing and reinventing its mobile payments app.

Of all the initials small to mid-sized merchants hear during the digital payments migration—"EMV," NFC," "mPOS"—an older abbreviation may finally pry open the door to widespread payments automation: CRM.

Planet Payment and Visa have formed an agreement to deliver a payment processing platform to acquirers and merchants worldwide.

The U.S. migration to EMV chip cards has been rough, according to U.K.-based Creditcall, which hopes its new certification from First Data can smooth things out.

Quick service restaurants often have to make technology decisions faster than other restaurant categories, and the regional fried chicken chain Zaxby's is no exception.

Five months after the U.S. EMV liability shift for counterfeit card fraud went into effect, most restaurants aren't processing chip cards, and that's not changing anytime soon, according to a top executive at Heartland Payment Systems.

Payveris’ Jeff Weikert recently took the position that faster payments are more of an opportunity than a threat to financial institutions’ customer relationships. I agree, and see faster payments as not only an opportunity, but a responsibility to our customers and all consumers in the U.S.

Through a partnership with fraud prevention provider Ethoca, Total System Services Inc. is offering card issuers and merchants a new tool to prevent e-commerce chargebacks.

JetPay, a payments processor and provider of card services, has agreed to buy CollectorSolutions, also a payments processor.

Chase Pay, JPMorgan Chase's mobile wallet, has just landed an unlikely early partner with a history of going it alone: Starbucks.

Wal-Mart Stores Inc. has been pushing ahead with EMV card adoption and the Merchant Customer Exchange mobile wallet, but gave little to no attention to them during its Feb. 18 conference call to discuss fourth-quarter earnings.

Only 37% of U.S. merchant locations are fully equipped for EMV card acceptance, narrowly missing a projected 40% rate of deployment predicted by management consulting firm Strawhecker Group, according to research it published Wednesday.

Matt Taylor, formerly the CEO of Mercury and now group president of integrated payments and emerging channels at Vantiv, shared insights into how his company made the right decisions at the right time.