Payment processing

Migrating to EMV does not mean card issuers have to do away with their instant-issuance systems.

PayPal's cloud-based mobile wallet, which authenticates shoppers by presenting a photo of their face to the cashier, has arrived in the U.K.

Building on an earlier partnership, Isis and American Express are integrating their software and allowing Isis mobile wallet users to access their Isis accounts with Amex's Serve prepaid cards.

Honey, which obtains coupon codes for consumers who shop online, plans to use its data management and analytic tools to enable merchants to offer coupons directly to Honey users in real time.

CenPOS has integrated Ingenico terminals into its could-based payments platform, a move that's designed to enable both mobile payments and EMV-chip card acceptance at automotive dealerships and other specialty merchants.

Photo-based mobile bill pay can help banks overcome the adoption challenges of traditional online bill pay.

PayPal's new partnership with Alliance Data spans multiple products at both companies, but it has barely scratched the surface of what the two payments providers say is possible.

Mercury Payment Systems LLC now offers software tools for application developers to use to enroll merchants online for Mercury's payment processing and card services.

Even if the Federal Reserve Board does not backtrack sharply on its debit-fee cap as a result of last week's court ruling, the legal battle has created fresh uncertainty that may have some U.S. issuers questioning their long-term strategy.

To create effective mobile payments products, developers must treat merchants and consumers as separate customer segments that have of inextricably-linked needs.

Fifth Third in Cincinnati is selling $85 million worth of shares of the processor Vantiv, its former subsidiary.

VeriFone Systems Inc. will soon bundle payments hardware, software, security and compliance into a payments-as-a-service product called VeriFone Point.

A symbiotic relationship between security and revenue may sound too good to be true, but it's not. ISOs and acquirers can succeed by creating opportunities that pair enhanced PCI compliance tools with new revenue streams.

Though some issues remained, it seemed the card brands and debit networks were closer than ever to resolving their longstanding debate over EMV debit card routing when a federal judge potentially changed everything.

Heartland Payment Systems Inc., which has been forging multiple partnerships in emerging payments markets, says its net revenue has risen to record levels.

Visa and MasterCard have agreed to share their common application identifier technology, enabling EMV-chip based debit transactions to originate from a single application while allowing merchants a choice of networks for routing.

In the payments industry, point of sale technology has become the "hottest area" of interest for companies considering an acquisition, according to the investment bank Berkery Noyes.

Payments industry veteran Tom Dolan will head the new Canadian office for Total Merchant Services, the independent sales organization announced today.

Davis and Henderson's planned $1.2 billion acquisition of Harland Financial Solutions marks the Canadian technology developer's biggest push into the U.S. market and its first foray into payments processing.

Viableware wants to differentiate its restaurant payment system by targeting high-end establishments with technology that doesn't erase the personal interaction between patrons and staff.