Retailers

Retailers are fighting back against financial industry efforts to repeal a cap on debit interchange fees.

Amazon's checkout-free shopping model, currently in testing with employees, is a clear threat to the status quo for retailers. But does it also pose a risk for banks?

JPMorgan Chase & Co.’s role in mobile payments is getting more interesting.

2017 promises to be a defining year for many in the payments industry. Here's a look at what to expect.

Consumers want to feel mobile wallets are secure and widely accessible before substantial adoption is possible.

One of the highlights of the holiday season for retailers has been the vast growth of e-commerce, but subscription businesses are also enjoying a sizable bump, providing a potential threat to more static retail gifting.

It’s been more than a year since Michael Abbott, former CEO of the ill-fated mobile wallet venture Softcard, moved on. Behind him is five years and millions of dollars spent by the major U.S. mobile network operators — and a wealth of experience that can benefit anyone looking to do better mobile payments' next chapter.

The migration has been slow, but COOP Financial Services says there's momentum for adoption and usage. There are also signs that card fraud risk is improving.

Alipay's fast growth is partly attributed to the huge size of the Chinese market, but it also deploys strategies that can serve as an example for mobile wallets in other parts of the world.

As retailers, banks and technology companies continue to suffer data breaches, issuers and merchants need to take extra care when selecting payment vendors.

Just weeks after it shook up its executive ranks and suspended efforts to pursue new customers, the New York-based business lender confirmed Friday that it is eliminating dozens of jobs.

Online shoppers can expect fraudsters to be at the height of their creativity during the 2016 holiday season.

Bluetooth beacons, which communicate with consumers' apps as they enter and leave stores, have been bouncing around the retail industry for a few years looking for the right combination of foot traffic, product and customer experience.

Merchants should check operating systems, since the PC-based operating systems which run most legacy point of sale software have security flaws and are targets for malware.

Too many data breach reports show that companies suffering compromises were unaware that cardholder data was present in their systems. The Payment Card Industry Security Standards Council wants to fix this.

Crooks are getting more clever when hacking e-commerce sites to hide illegal activity, requiring banks and processors to developer a broader picture of merchants and payment activity.

Mobile payment initiatives have largely failed because they focus on changing transactions instead of changing the way consumers and merchants engage with each other, according to Carta Worldwide, which touts new tokens as a way to reverse that.

LevelUp has worked mostly with smaller merchants. It's relationship with the merchant-focused Chase Pay will give it access to a much larger group of retailers.

The potential user base is huge. Tencent Holdings has 846 million global monthly active-user WeChat accounts, and more than 300 million have linked bank cards.

Merchant cash advances have been controversial because of high premiums. But they can be lucrative for cash advance companies as well as ISOs.