Retailers

More than seven months after the EMV liability shift, the majority of U.S. retail locations still haven’t upgraded their payment terminals to accept chip cards, with some small and midsize businesses citing the difficulty of getting their equipment tested and certified by appropriate organizations.

While Walmart's lawsuit against Visa this week centers on authorization and routing methods, the Debit Network Alliance LLC — a group of independent debit networks — is also taking issue with EMV routing in addressing how terminal software is handling the choices presented to consumers.

Unless the U.S. card business is able to offer merchants scaleable solutions that are cheaper and quicker to implement, there is a serious risk of full EMV migration taking several years to complete.

Citigroup is testing Bluetooth beacon technology in a pilot that gives customers cardless access to branch ATMs after business hours, among other services.

Walmart and Visa have had a long and volatile relationship, and the retailer's latest lawsuit against the global card brand gives voice to a struggle that many other companies are too small to fight.

To expand the reach of its global e-commerce services, Ingenico ePayments is building up a vast network of connections to merchant acquirers, hoping to gain a competitive edge as the demand grows for omnichannel payments.

Merchants that now accept EMV-chip cards at the point of sale are not happy with the user experience, and First Data sees itself in a position to help.

Are integrated payment gateways becoming overcomplicated? Small and medium sized businesses (SMBs) think so, and they’re migrating to cloud based alternatives because of it.

Six months after the credit card fraud liability shift, merchants who have not implemented chip card technology are complaining about a larger number of chargebacks than they expected. But there are steps that can stem the tide.

The 'app economy' is getting larger by the year, and a team of entrepreneurs firmly rooted in the payments establishment sees big trouble ahead when it comes to facilitating transactions.

Square's practice of using its merchant transaction data for risk analysis may seem innovative, but other other agile specialists—including Intuit—are finding ways to use new data streams to limit risk and deliver funds to borrowers.

Square Inc. shares fell as much as 20 percent on concerns about financing for its small-business customer-loan program, a service that had been viewed as a growth area for the digital-payments company.

Mobile wallets may not have eliminated cash and cards, but they are becoming almost unavoidable in many retail settings. However, there are still a few areas where mobile technology is slow to arrive.

Multifactor authentication is high on the list of payment security requirements, including new standards from PCI. For any company on the fence on adding stronger authentication, there's plenty of examples of what can go wrong with basic identity management.

Square Inc. reported first-quarter revenue that topped analysts’ estimates, suggesting the digital-payments business can keep growing amid increasing competition from PayPal Holdings Inc. and Apple Inc.

A recent spate of cyber-attacks leveraging POS (Point-of-Sale) malware against big retailers is drawing attention to a relatively new malware strain called "multigrain."

Department store chain Kohl’s has stitched together two of the most frustrating elements of checking out: adding loyalty points at the same time the payment goes through.

Global EMV consultant and system tester Fime will provide end-to-end certification services for terminals and acceptance systems using the Discover Network and Diners Club International payment applications.

Although complete migration to EMV is expected to take up to seven years, CNP (card-not-present) merchants will struggle with increased fraud as criminals shift online to more vulnerable remote payments.

Five years ago, Dwolla took its ambitious approach to speeding up payments to financial institutions, viewing banks as a core audience in need of modernizing its aging infrastructure. But more recently, the company had to make a sharp course correction in its strategy.