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Although it's been widely suspected that merchant EMV compliance will be low in October when the liability shift deadline kicks in, a new Javelin Strategy & Research report is projecting as many as 75% of all merchants will not make the deadline.
June 24 -
London-based Currency Cloud has closed out a Series C funding round, attracting $18 million from new and existing investors.
June 23 -
The U.S. likely didn't need an extra shove to adopt an international payment messaging standard vital to a faster payments network but, just in case, the U.K.'s Payments Council is making it easier to do so.
June 23 -
Green Dot late Monday announced a five-year renewal of a prepaid card contract with Walmart, though the retail giant will get a larger share of revenue.
June 22 -
Payments technology provider Global Payments Inc. is formally launching American Express' OptBlue small business suite in Canada, providing fuel for Amex's recovery from the loss of Costco's cobranded card business.
June 22 -
E-commerce technology company Spindle and payment gateway PayLeap are combining products in an attempt to lower costs for small to medium-sized gun clubs.
June 22 -
Realex Payments, a division of Global Payments, has signed a three-year deal to process e-commerce and call-center transactions for insurance provider Aviva.
June 22 -
Following up on First Data's launch of the Clover Mini mobile point of sale device, TruBeacon has placed software in the Clover App Market that will link data from the payment terminal over a network of multiple retail locations.
June 22 -
Mobile payments are hot. Industry insiders both hope and fear new technology will upend reigning retail payment systems such as Visa, MasterCard and American Express.
June 22
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Mobile card acceptance devices have changed a lot in recent years. They are now much more complex than the simple plug-in card readers many are familiar with. And their evolution is far from over.
June 19 -
What good is having a mobile point of sale (mPOS) device if retailers glue it to the countertop? In a new IHL report that tries to size up the mPOS market, IHL points out that most merchants are happy to ignore the mobility inherent in their new technology.
June 19 -
Banks are choosing to enable payment functionality through third party Pay wallet offerings in most part, and not their own mobile apps. And these are the same internet and technology companies banks themselves perceive to be their biggest threats.
June 19
Sequent -
Tyro Payments, of Australia, will integrate its point of sale technology with the in-restaurant ordering and payment system made by Canada's TouchBistro.
June 18 -
The most striking thing about Apple Pay's recent loyalty announcement is that it included no loyalty program for Apple Pay.
June 18
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Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.
June 17 -
The payment processor Total System Services (TSYS) has promoted a longtime employee to head up its North America consumer, commercial and health care lines of business.
June 17 -
The U.S. Postal Service has selected Cincinnati-based Vantiv, a payment processing service provider, to be its payment service support contractor.
June 17 -
The nature of fraud in the U.S. is about to change radically, as fraudsters adapt to EMV security at the point of sale by shifting their attention to e-commerce channels. Accompanying this shift are changes to the consumer's role in spotting fraud but this could be as much a burden as it is a benefit if banks and merchants are not careful.
June 17 -
Android Pay's announcement lacked the jaw-dropping excitement of last falls Apple Pay release. As you can tell from the name, the Android Pay playbook is remarkably similar to Apple Pay.
June 17
Wallaby Financial -
Payment processor Elavon has signed a multi-year agreement to provide payment gateway and security technology to Wyndham Hotel Group.
June 16






