Retailers

Mankind’s standard device for remembering, and ultimately accomplishing, tasks at hand may forever be the “to-do list.”

Recent reductions in merchant debit card interchange rates and the threat of shrinking bank-branch networks raise troubling issues for ATM operators, but certain aspects of the changes could be positive for third-party ATM deployers.

This is an updated version of a story posted earlier.

MOUNT SNOW, VT.–Merchants don’t understand the Payment Card Industry data security standards, and ISOs aren’t doing enough to help them comply with those rules.

MOUNT SNOW, VT.–Merchants don’t understand the Payment Card Industry data security standards, and independent sales organizations aren’t doing enough to help them comply with those rules.

“Feeding coins in the parking meter” may become a phrase associated with days of payments past, especially if PayByPhone Inc. continues to develop a mobile-payment method for consumers using parking spaces.

Tabbedout’s new CEO wants to grow the company’s dining mobile-payment application by signing up more point-of-sale vendors and in turn more partner merchants.

Visa Inc. chairman and chief executive Joe Saunders on Jan. 31 downplayed concerns over the costs associated with implementing its new digital wallet at the company’s annual shareholder meeting.

MasterCard Worldwide didn’t come right out and say it, but the card brand is encouraging U.S. issuers and merchants to embrace chip-and-PIN technology as part of a migration to the EMV smart card security standard in the next three years.

The recession left its mark on many industries, but if it had a silver lining for 7-Eleven Inc., it may have been the opening it created to get into a more-profitable array of financial-services products in response to shifting consumer demand.

The video-game industry is amping up its defenses after hackers penetrated numerous payments systems last year.

Identity security and mobile payments are driving merger-and-acquisition activity in the payments industry as large companies strive to keep up with each other and the latest technology.

As preparations unfold for the U.S. payment system to convert to smart cards, merchants across the country would prefer to see a clearer process established to reach that goal.

To skeptics, fraud dangers lurk around every corner in the online shopping world.

All of Russia's Auchan hypermarkets will deploy Ingenico payment terminals by the end of 2012, the global payment technology vendor announced Jan. 24.

Increased consumer spending on credit cards in North America and Europe was enough to have executives from Total System Services Inc. singing the praises of solid fourth-quarter earnings and, for the time being, soft-pedaling the potential future loss of Green Dot Corp.’s processing business.

Bank of America Corp. is working with Cardlytics Inc. to test an online rewards system called BankAmeriDeals.

Client-transaction volume increases fueled card processing revenue, resulting in a 7.3% increase in fourth quarter revenue for Total Systems Services Inc., or TSYS, the company announced Jan. 24.

If the competition for providing payments hardware and software were akin to a boxing match, NCR Corp. just came out swinging in an attempt to keep smaller contenders on the ropes.

The Southeastern Pennsylvania Transportation Authority is working with a unit of Xerox Corp. to add contactless-payment acceptance at public-transit turnstiles.