Visa is acknowledging a merchant EMV migration logjam by loosening fraud chargeback policies and enabling faster chip card certifications for merchants.

Built 13 years ago on the premise that it is not easy for charitable organizations to get donations into developing countries facing a natural disaster, INTL FCStone Ltd. has transformed itself into a cross-border payments provider that banks and corporations have increasingly found useful.

Despite some early success, it can’t be ignored that there are still many merchants that cannot accept EMV chip cards.

As JPMorgan Chase gears up for the launch of the merchant-friendly Chase Pay wallet, it's taking the opportunity to freshen its approach to P-to-P mobile payments.

FARMINGTON HILLS, Mich. – Member Driven Technologies (MDT) announced six credit unions have signed agreements to convert their core processing systems to the Symitar Episys system under the auspices of MDT.

Community banks and credit unions have banded together to use their combined bargaining power to wrest better terms from what they regard as an oligopoly of core processing vendors.

Banks will likely take a wait-and-see approach before connecting their apps to Siri, Apple's talking digital assistant. Such conservatism poses risks as consumers increasingly demand the latest digital features.

Bank of Tokyo Mitsubishi UFJ has confirmed it is developing a digital currency backed by a blockchain, the same kind of technology that underpins bitcoin.

Visa's Digital Commerce App is allowing financial institutions to develop their own mobile wallets. Many of its clients are credit unions and larger community banks which may not otherwise have the resources to develop such a product internally.

Samsung Pay has launched in Australia with support from American Express and Citigroup, though it said it is expanding its "partnership ecosystem."

American Express has joined Visa and MasterCard as a major card brand offering faster authorization at the point of sale to ease the perception that EMV payments take too long.

E-commerce merchant sites powered through IBM commerce solutions will soon be able to offer customers Apple Pay as a payment option.

If banks don't weigh in on an appropriate privacy standard, they risk letting outside events spark onerous new regulations.

Merchants and cardholders alike have been challenged by the perceived additional time to complete the EMV transaction. These concerns pushed both Visa and MasterCard to create a response to improve the speed of transacting: Visa's Quick Chip and MasterCard's M/Chip Fast.

Caffe Ladro's had an online store for years, but it's never been as important as it is today, as the Seattle chain faces competitors — including the notoriously tech-savvy Starbucks — that have stretched the limits of how to sell coffee online and through mobile devices.

The OCC might also open up an outpost "where the tech firms are," the Comptroller of the Currency said Tuesday.

A growing number of fintech companies say they no longer use FICO scores or are using them in a limited way. The open question is whether their alternative methods will be more effective.

A growing number of marketplace lenders and other fintech companies say they no longer use FICO scores or are using them in a limited way. The open question is whether their alternative methods will be more effective.

Dickson Chu transitioned to the board after two years as the company's chief product officer, it said in a June 14 news release. In his new role he will continue serving as an advisor to the company's leadership regularly and formally.

When Visa introduced its analytics tool to screen gas station transactions for fraud two years ago, it may not have been viewed in the petroleum industry as relevant to the expensive conversion to EMV payments at the pump.