Payment processing

Although it's been widely suspected that merchant EMV compliance will be low in October when the liability shift deadline kicks in, a new Javelin Strategy & Research report is projecting as many as 75% of all merchants will not make the deadline.

The U.S. likely didn't need an extra shove to adopt an international payment messaging standard vital to a faster payments network but, just in case, the U.K.'s Payments Council is making it easier to do so.

Green Dot late Monday announced a five-year renewal of a prepaid card contract with Walmart, though the retail giant will get a larger share of revenue.

Payments technology provider Global Payments Inc. is formally launching American Express' OptBlue small business suite in Canada, providing fuel for Amex's recovery from the loss of Costco's cobranded card business.

Realex Payments, a division of Global Payments, has signed a three-year deal to process e-commerce and call-center transactions for insurance provider Aviva.

Following up on First Data's launch of the Clover Mini mobile point of sale device, TruBeacon has placed software in the Clover App Market that will link data from the payment terminal over a network of multiple retail locations.

Banks are choosing to enable payment functionality through third party “Pay” wallet offerings in most part, and not their own mobile apps. And these are the same internet and technology companies banks themselves perceive to be their biggest threats.

We already know that American Express, Discover, MasterCard and Visa are on board with Android Pay. MasterCard has mooted its launch date to be ‘in the coming months.' So, the global support network is in place, but broader questions remain: Will it take on Apple Pay? How will it compare, or even compete, with Samsung’s offering?

Another year brings another attempt by Google to develop the winning formula that will allow it to compete long-term in the mobile payments war.

Nacha's push for faster payments is largely positive, but banks still stand to lose position in the business to business payments market.

Visa and MasterCard's support for host card emulation (HCE) is a boost for mobile pay, though there are still security concerns.

PayPal's plan to expand its OneTouch instant checkout service has shifted into high gear via an update that will support all merchants using the e-commerce platform Bigcommerce.

A year after initialing establishing a presence in Australia with its mobile card reader, Square Inc. says it will open its fourth "global hub" in Melbourne to expand uptake of its Register tablet-based point of sale system.

Apple Watch is and will continue to be a big hit for their loyal consumers, both in terms of sales and acclaim. But for payments, it's not what consumers are looking for now.

For many industries, the introduction of open standards has been a key driver for innovation. The rapid evolution of the internet and online services offer a vivid example of the degree to which open standards can enable immense innovation and growth.

The line between in-store and in-app payments is blurring and the channels are not as distinct as they used to be.

Square’s expansion into email marketing seemed like a surprise move for the company best known for its mobile point-of-sale system for small businesses.

While issuers and merchants scramble to issue EMV-chip cards in the U.S., Gemalto is taking a longer view into the cards' environmental impact when they are discarded as part of regular reissuance.

After a making a number of adjustments to overcome a shaky start, Google Wallet is starting to build momentum with merchants, this week adding Shopify, Dunkin Donuts and Seamless to the roster of companies supporting the search company's mobile wallet.

With the card issuer mandate for EMV-ready merchants around the corner, are you prepared?