Payments

Mastercard and Visa's one-year delay is only a partial victory for retailers, who want the networks to have less power to set rates.

Michael Moeser, senior analyst at PaymentsSource, talks to Nikki Darden, head of global marketing integration at Citigroup; and Cheryl Guerin, executive vice president of North America marketing and communications at Mastercard, about the True Name feature on their cards.

Visa and Mastercard are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards online, pushing back the changes another year to April 2022 because of the pandemic.

North Korea and other rogue actors present a whole new threat to transaction security, says Capco's Julien Bonnay and Bryce VanDiver.

Humans have come to expect experiences that are simple, efficient, quick, error-free and secure, says Bottomline Technologies' Jessica Cheney.

After digging deep into member data, Randolph-Brooks FCU in Texas developed a marketing campaign aimed at persuading JPMorgan Chase clients to switch to the credit union's own card. It's an effort its peers could imitate.

The pandemic has brought new users to the technology, making a simpler experience more important, says Tappit's Jason Thomas.

Japan's JCB has entered a pact with a new payments alliance to share its contactless solution with members.

There are signs that participation in cardholder loyalty offerings is slipping. Credit unions must reengage members if they hope to retain those accounts.

Sen. Dick Durbin, D-Ill., went after Visa and Mastercard during an antitrust hearing Thursday in Washington, suggesting the card brands have likely been looking for a way to increase fees and offset previous legal or regulatory pressure on their pricing structures.

Since romance frauds generate more than 10 times the money for scammers per event than other types of fraud, 2020 saw a substantial boost in the use of this tactic.

Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.

JPMorgan Chase has hired former HSBC executive Jeremy Balkin as the new head of fintech and innovation for wholesale payments.

Payoneer is working with Mastercard to offer a new digital card for small businesses, e-commerce sellers and freelancers in the B2B market.

People open new accounts for a variety of purposes, often providing services banks don't provide, says FICO's Anna Hamilton.

The option to transact using Chase Pay will be removed from all merchant websites and apps by the end of the month.

Adtalem Global Education CEO Lisa W. Wardell has been elected to join the American Express board of directors and will join the board’s risk committee.

David Heun, associate editor of PaymentsSource, talks to Sara Hafner, head of financial partnerships at Forter, about how the growth of online shopping has raised the stakes for fraud prevention.

Customers and partners will view an easy and reliable payment experience favorably, says Billtrust's Justin Main.

As the lockdown subsided and stores began to re-open, the habits of the British shopper had changed, forcing banks and merchants to adjust.