Retailers

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.

Independent sales organizations and independent software vendors are equally threatened by disruption, making an alliance a logical — if uneasy — step for both groups.

In e-commerce, merchants strive to achieve a 100% checkout conversion rate but find it elusive because shoppers encounter many obstacles during the payment process.

IBM and UnionPay, China’s transfer, settlement and clearing network, have created a client-focused business platform on which banks can integrate and share reward points programs.

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.

Bashas' Inc., Arizona's largest independent grocery chain, was certain it was prepared for the October 2015 EMV liability shift. After all, it had begun purchasing terminals for all of its 1,400 checkout lanes a year in advance.

Automating accounts payable (AP) and payments is not high on the IT list of new ventures, but business growth can result in a paper glut.

As the payments industry prepares to lay the foundation for same-day Automated Clearing House payments this week, technology provider linked2pay is combining merchant onboarding for acquirers with real-time acceptance of ACH and other payment services.

The tighter processing deadlines of same-day ACH mean that conventional fraud prevention measures will no longer be adequate or effective.

In order to successfully and scalably combat card-related fraud and digital payments hacking, organizations need to rely less on standards like EMV and PAN/PRN, and recognize today’s currency is no longer just about money.