Retailers

The technology provides convenience and is growing fast, but is prone to card-not-present fraud, says Monica Eaton-Cardone, COO of Chargebacks 911 and CIO of its parent company Global Risk Technologies.

It’s higher stakes than usual for some of Amazon’s biggest rivals—including Walmart—as the e-commerce giant’s 48-hour Amazon Prime Day event nears.

The SEC is paying close attention to cryptocurrency, though its efforts may be counter to its priority to foster innovation and capital formation in the U.S., contends Bill Martin, a lawyer in the New York office of O'Melveny & Myers.

The Prime Day event is also a chance for Amazon to showcase a new range of devices and payment options — but in 2019, Amazon is making some key changes to how it asks its audience to shop.

Amazon is moving into new markets armed with local storage lockers and partnerships, while many traditional retailers still lack the proper online capabilities, claims Arik Shtilman, CEO and co-founder of Rapyd.

Sensing a profitable opportunity in an underserved market, a variety of companies — ranging from traditional banks to fintech startups and even Amazon — are rushing into selling secured credit cards and other products designed for consumers with poor or thin credit.

Installment payments are catching on quickly with merchants and their customers, creating a fierce competition among rivals who are building competing technology and business models to approach the new market.

The incident underscored the vulnerability of digital payment platforms to technical troubles. Visa and Mastercard have each experienced serious outages within the last couple of years.

Swish is expanding to physical stores to extend usage among the millions of Swedes who use the app for account-to-account transfers.

It’s too early to measure the market effect of New York City's contactless transit payment acceptance pilot launched barely a month ago, but many merchants in the immediate area may not be ready if demand spikes.

Seamless transactions are the key to engaging and holding onto consumers, says Tim Tynan, CEO of Bank of America Merchant Services.

FamilyMart and 7-Eleven Japan are using mobile payment technology to compete with each other and attempt to manage the country's labor shortage.

For banks and financial institutions, the wave of the future is using technology to optimize, not eliminate, their cash-handling processes, writes Diebold Nixdorf's Devon Watson.

Abercrombie & Fitch and Klarna are following a successful launch of short-term installment loans on apparel in Germany by adding more markets.

By turning compatibility into a nonissue, APIs help enable open banking, which has the potential to offer core banking services such as payment initiation or account balances through APIs, writes JPMorgan Chase's Stephen Markwell.

H&M will enable Klarna as a payment option in its 580 U.S. stores beginning this fall, building on a partnership the two Swedish companies established last year.

As blockchain use cases grow, retailers are seeing more reasons to use the distributed ledger technology for payments.

AI can ease shortfalls in legacy processing and risk systems, contends Deep Labs' Michael Lynch

Fraudsters are getting clever about beating authentication for returning users, says NuData Security's Robert Capps

Compliance can be complex and expensive, but failure puts merchants at risk, says FIME's Christian Damour.