Payments

Mobile QuickPass NFC payments are accepted at nearly a half million point-of-sale terminals outside of China, and QuickPass QR code payments have been available in Hong Kong and Singapore for about a month.

The new ATMs cut fraud risk by minimizing password-exposure, but it’s unclear whether large numbers of consumers are ready to change five decades of inserting a plastic card to get cash.

Many of Zelle's member banks chose to migrate clearXchange users to the relaunched service. It's a potential convenience, but if executed without end-user awareness or consent it can irritate consumers.

Consumers have accepted the use of fingerprint authentication for mobile payments. But will they be as welcoming of facial recognition? A few companies are testing the waters.

Readers this week highlighted the need for banks to upgrade payments systems, debated a small bank’s decision to ditch its legacy core vendor, lamented populist initiatives of the GSEs, and more.

Long wait times and improved marketing are a couple of reasons retailers should consider their own apps, writes André Stoorvoge, director of product marketing for payments at Rambus.

The company contends a lot of current payments technology is focused on horizontal companies that are designed to easily enable payments, and are operating agnostic to the type of business that requires a payments gateway,

The new ATMs cut fraud risk by minimizing password-exposure, but it’s unclear whether large numbers of consumers are ready to change five decades of inserting a plastic card to get cash.

Boku and Microsoft have delivered carrier billing in Canada, the U.K., Italy, Russia and other markets.

Mobile payments, online transactions and electronic billing are all on the rise, according to new analysis from the Federal Reserve.

The merger of the U.K. and U.S. payments processors carries both benefits and risks; Duperreault taps Marsh & McLennan veteran.

The ability to use balances toward Apple Pay payments will be attractive for retailers, writes NewStore founder and CEO Stephan Schambach.

A new report from the American Bankers Association reinforces existing concerns about the ability of U.S. consumers to manage all of their debts.

Consumers using the Alipay app will be able to find nearby merchants that accept the popular Chinese mobile wallet, and receive coupons for local deals.

How two CUs of differing asset sizes brought card processing in-house to boost efficiencies and reduce costs.

The FTC likes facial recognition, but consumers may not be comfortable with using the technology to secure mobile payments.

InstaReM plans to use the investment to accommodate rapid volume expansion.

Transaction laundering is gaining steam, and since it uses familiar payment technology, it can be easier to use than virtual currency, writes Ron Teicher of EverCompliant.

Both Vantiv and JPMorgan have a strong merchant acquiring business in the U.S., while Worldpay has a large market in Europe.

Military and intelligence agencies around the world have grappled with data breach challenges for years, and have relied on Secure KM (Keyboard/Mouse) switches to manage the risk.