Payments

Credit and debit cards are transitioning over to the EMV standard at U.S. FIs, but one person called EMV a solution to a problem that doesn’t actually exist in the industry.

Global Payments Inc. executives highlighted its strategic partnerships with PayPal Here in the U.K. and CaixaBank in Brazil as vital to its business in the coming year.

Payroll card provider ADP is updating its technology to provide greater visibility into users' financial health at a time when payroll cards face fresh scrutiny over costs to users.

After forging new partnerships, MoneyGram International Inc.'s revenue rose 11%, to $365.1 million, in the second quarter from a year earlier.

The Dunkin' Donuts mobile payment app is "a continuing driver of sales" for the company, as more than 3 million customers have downloaded the app through the second quarter of 2013.

Vantiv's deal to buy Element Payment Services, combined with its purchase of Litle & Co. this year, accelerate the payment processor's move toward providing e-commerce and broader merchant services.

To combat the billions of dollars consumers lose in “gray charges,” or charges they are misled into paying, BillGuard has released an iOS mobile app.

Capital One Financial Corp. saw charge-off rates for its domestic credit card business fall to the lowest mark since the bank acquired HSBC's card business last year.

Fortumo Ltd., which provides mobile payments through carrier phone bills, has entered agreements with China Unicom and China Telecom.

Groupon has modified its Breadcrumb POS mobile payments app to allow it to handle payments even when the wireless signal cuts out. It was no easy feat.

Visa CEO Charlie Scharf responded to the retailer-backed Merchant Customer Exchange (MCX)'s recent moves in mobile payments by pointing to the growth of Visa's V.me digital wallet, its penetration among merchants, and the fact that MCX's wallet still hasn't launched.

Mobile wallet provider Lemon Inc. has begun providing the payment function that had been missing from its mobile wallet.

Jack Dorsey, the celebrity CEO of mobile payments company Square — who also has aspirations to one day be mayor of New York — was the inspiration for an upcoming graphic novel published by actress Alyssa Milano.

U.K.-based mobile point of sale company iZettle now charges a range of 1.5% to 2.75% based on the merchant client's monthly volume.

London-based Kalixa Payments Group is offering consumers in Europe a mobile wallet based on DeviceFidelity's Near Field Communication technology.

John Lunn, global director of the PayPal Developer Network, details the recommitment the company's made to building and maintaining third-party developer tools since David Marcus become president of PayPal in March 2012.

Discover Financial Services experienced fewer credit card delinquencies in the second quarter ended June 30, as well as growth in its online bank, leading to a boost in quarterly profits to $602 million.

FreedomPay has hired Rodney Bowen-Wright, a former Microsoft venture capital specialist, to be its chief business development officer.

Medical bills are often confusing to patients, and this confusion can delay their payments. Patientco is one of several providers aiming to add clarity for the patient and the health care biller alike.

QR codes, the two-dimensional bar codes used in many mobile wallets, are easy to deploy but can vary in their level of security.