Dubai-based payment service provider Payfort has formed a partnership with Mastercard to improve fraud-screening and streamline the checkout process for e-commerce and mobile point of sale transactions for hundreds of merchants across the Middle East.

Three quarters of debit cards will have chips by the end of the year, but slow merchant adoption is limiting use, according to Pulse.

The proliferation of smartphones and the onset of mobile payments has brought biometrics to the forefront of security for financial transactions.

In a reversal of its longstanding aversion to Apple Pay, Walmart has acquired a company that not only accepts Apple Pay, but gives customers an incentive of 1.5% off the purchase to use a debit card loaded into Apple's mobile pay system.

Beijing-based payment processor PayEase is partnering with KG Inicis, a South Korean payment provider on electronic payments in their respective markets.

The National Australia Bank will partner with digital identity proofing company iSignthis to provide advanced card services to merchant customers in Australia and New Zealand.

Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.

Community banks are often burdened with manual data entry for processing commercial loans. Union State Bank has turned to digitization software to make it easier. It may sound modest in the age of APIs, but it made a quantifiable difference.

A coalition of Canada’s largest vending machine operators has formed a partnership with Portland, Ore.-based payments technology startup PayRange Inc. to add mobile payments through Bluetooth technology.

Merchants using BlueSnap payments technology to power e-commerce and mobile checkout will have Visa Checkout as a payment option for customers.

Turning banks into app stores has primarily been a vision of some European startups, but a California company is hoping to bring it to reality in the United States.

The U.S. EMV migration has been rough, but one of the sharpest pain points of all was felt by merchants not yet processing chip cards who were hit by a costly surge in chargebacks.

Once fraud has been detected and a customer’s usual payment mechanism is broken, what happens next to ensure that customer remains happy and loyal?

Distributed ledgers have the potential to simplify and strengthen bank regulatory oversight when applied in the appropriate context, such as during the Shared National Credit examination program.

Banks must use analytics — rather than customer surveys — to determine what does and what does not inspire prospects to become customers.

The Kerv contactless payments ring, a Kickstarter-backed project that reached its funding goal in October 2015, has begun production.

The U.S. is steadily building the foundation of a nationwide faster payments system, but not all of the pieces are connected. Many of the elements developed independently, with influence from across the globe.

Payments technology is rapidly changing, but so is the broader environment for retailers, creating a need for flexible and diverse payment acceptance options.

Visa and Mastercard are making a lot of noise for initiatives that adapt their existing technology for faster payments in the U.S., but the alternative payment provider Dwolla is moving just as aggressively.

If new research from NCR about a flaw in chip cards proves to be reproducible by fraudsters, it may undermine the core benefit of EMV security.