Payments

A year after the U.S. EMV liability shift kicked the country's migration into high gear, there are still major hurdles to widespread adoption. The shift took effect Oct. 1, 2015, placing liability on the party unable to handle EMV security, but even this incentive wasn't enough to get everyone on board at the same time.

The U.S. Supreme Court will take up a free-speech clash with big stakes for retailers and credit-card companies, agreeing to decide the fate of laws in 10 states that limit how merchants can describe the lower prices they charge for cash transactions.

Samsung Pay has partnered with Quotient Technology to bring users an in-app coupon service and a function that lets them restore information when they sign in from a new device.

NCR, which is primarily known for its ATMs and point of sale hardware, is taking more steps into digital banking.

Generation Z, the generation following what is commonly referred to as the Millennials, has only just formed its identity, yet its older members are already preparing to enter the workforce and take part in modern commerce.

Citi will join Early Warning's clearXchange, giving the bank-operated digital transfer network a boost as it takes on apps like PayPal’s Venmo.

Walmart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt, an alliance that could help the companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter.

Nodding to a future in which innovation can come from almost anywhere and personal relationships matter just as much — if not more than — invention, Mastercard is changing how developers access the payment network to bring new ideas to life.

British cosmetics powerhouse The Body Shop this week will accept Alipay at three of its London stores, through a new integration by Germany-based Wirecard.

USAA is a famously fast adopter of new technology, but that also means it must constantly tune up past investments to meet customer demand.

American Express can prohibit merchants from steering customers to credit cards with lower transaction fees, a federal appeals court ruled in a case involving about $50 billion of merchant fees annually.

For merchants still on the fence about whether to buy Square Inc.’s $49 contactless card reader, there’s a new enticement to consider: Square has sped up the time it takes to accept EMV cards by 1.5 seconds.

The prevailing accounts payable model simply can't handle the sharing economy (also called the "gig economy"), according to Dovi Frances, who's putting cash and influence behind that theory.

Payza, the online payment gateway, is launching direct credit card processing to online businesses and merchants in Europe.

Starting today, banks and credit unions will get two extra chances every 24 hours to handle Automated Clearing House (ACH) credit payments. But by itself, same-day speed may not be enough to meet the demands of an increasingly digital world.

The U.S. shift to EMV-chip card security hasn't been smooth. Many companies saw the card networks' Oct. 1, 2015 fraud liability shift date as a starting point rather than a deadline, and even the companies that thought they would be unaffected by the EMV transition found themselves dealing with major headaches.

Starting today, banks and credit unions will get two extra chances every 24 hours to handle Automated Clearing House (ACH) credit payments. But by itself, same-day speed may not be enough to meet the demands of an increasingly digital world.

Walmart's new pact with JPMorgan Chase is anything but routine. From the perspective of Walmart, this deal hands it a long-desired holy grail: less expensive Visa transactions.

Mastercard's HomeSend joint venture is partnering with the Commercial Bank of Ethiopia to provide more than 100 million Ethiopians the ability to send funds directly to any mobile number in the country.

The Clearing House has selected hardware from IBM to help build the real-time payments system scheduled to roll out in 2017.