Retailers

The National Retail Federation wants the Federal Trade Commission to do more than merely check up on the companies that routinely assess merchants for compliance with the Payment Card Industry Data Security Standards (PCI DSS).

The 'decentralised apps' tied to blockchain bring increased transparency, automation and security to traditional payment systems. This can create a domino effect that leads to a reduction in operational costs, accounting expenses, and friction which can benefit the business and pass savings on to customers.

As the Costco-Citibank credit card partnership hits full stride this month following the retailer’s painful split with longtime credit card partner American Express, Bank of America is making a change to its own credit card rewards program to win the business of warehouse club shoppers.

Square Inc. may be having a tougher time convincing merchants to buy its $49 EMV card reader than it did the free magstripe version it built its business on.

How can banks benefit from a spurt of mobile payments innovation that is enabling faster checkouts with the advantage of greater security for customers?

The fight between Visa and Walmart over authenticating chip cards could have a negative outcome for everyone involved, regardless of which side wins.

Consumers, banks and merchants all want faster payments, but new technology only seems to be making the process slower.

E-commerce is eroding the appeal of shopping malls, so the operators of some of the largest shopping centers are starting to dish out their own share of digital disruption.

For a customer to switch from a tried and true payment method to a new one, the provider must be able to offer a unique payment experience which offers concrete and obvious advantages like top-level security, unique rewards and unprecedented agility. For these reasons, the Merchant Customer Exchange's retailer-led mobile payments initiative CurrentC was bound to fail.

There is an old saying by Mark Twain, "Never let the truth stand in the way of a good story, unless you can't think of anything better." Recently, Walmart filed a lawsuit against Visa complaining the company won't let it require PINs on transactions made with chip-enabled debit cards.