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Square Inc. reported fourth-quarter revenue that topped analysts estimates, suggesting the digital-payments business will continue to grow in the face of increasing competition from PayPal Holdings Inc. and Apple Inc.
March 9 -
Retirement was good for Pamela Joseph, former head of U.S. Bank's Elavon business, but not enough to overcome the lure of a high-level executive role at Total System Services, a company rapidly transitioning into a new age of digital payments.
March 9 -
ExxonMobil, the world's largest oil company, now accepts Apple Pay at a majority of its U.S. gas stations.
March 9 -
Obtaining money transmitter licenses in every state has been a lengthy process for WorldRemit, but one that paid off big this month when the company became regulated in California.
March 9 -
The third party wallets, or the pays as they are called, are failing to make a splash. Mobile wallets which let you pay any merchant from your smartphone are simply not a reality today.
March 9
Malauzai Software -
Financial services technology provider Jack Henry & Associates Inc. is the latest company to collaborate with The Clearing House to speed processing, a move that will substantially increase the number of banks capable of executing faster payments.
March 8 -
In expanding Visa Token Service, the card brand is requiring issuers to stop using alternate personal account numbers in cloud-based mobile payments and instead converting to tokenization.
March 8 -
Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.
March 8 -
The promise of unlocking some of the "big data" within payments is coming nearer, with new technology expanding the way consumer purchase data is used to shape marketing campaigns.
March 8 -
The idea of banks becoming Token Service Providers (TSPs) is an increasingly relevant move.
March 8
Wirpo Limited -
A Canadian lawmaker has introduced legislation to establish new ceilings for credit card interchange, and though it has the support of some retail groups, experts say the bill faces headwinds.
March 7 -
Encryption keys are vital to the secure operation of payment acceptance devices. But key transport protocols have not kept pace with the movement toward standardized encryption practices. This adds cost and complexity to payment infrastructure and processes.
March 7
Verifone -
Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.
March 7 -
A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks.
March 4 -
Despite generating an estimated $4.5 billion in revenue last year, the legal marijuana industry has yet to solve one of its biggest issuesthe lack of reliable payments, banking and other financial services.
March 4
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Apple Pays struggles to build its user base are nothing compared with the labors of Sionic Mobile, which has been on a six-year odyssey of inventing and reinventing its mobile payments app.
March 4 -
New requirements and guidance from the Payment Card Industry Security Standards Council will be released to merchants in April, which is about six months earlier than its normal update cycle.
March 3 -
In explaining JPMorgan Chase's commitment to the Chase Pay mobile wallet, Gordon Smith told investors in February that the mobile payment landscape was going to get more complicated before it gets simpler.
March 3
American Banker -
Of all the initials small to mid-sized merchants hear during the digital payments migration"EMV," NFC," "mPOS"an older abbreviation may finally pry open the door to widespread payments automation: CRM.
March 3 -
Planet Payment and Visa have formed an agreement to deliver a payment processing platform to acquirers and merchants worldwide.
March 2




