Like campaign managers at the end of a long election trail, top payments executives spent the final hours leading up to and shortly after the official EMV liability shift launch supporting the efforts of the past four years and providing the latest details on chip-card migration.

In updating cards with EMV technology, Visa and MasterCard have neglected an important element of what makes the security standard so successful elsewhere. The need for PIN verification is clear.

Many card issuers are well on their way to the migration to chip cards or have a plan to do so. But many merchants are still completely unaware of the shift in fraud liability taking effect Thursday.

Rules set by Visa and MasterCard suggest that by the start of this month, ideally, banks would all be issuing EMV-compliant cards and retailers would have the technology to accept them. If one party is supporting EMV and the other is not, the delinquent entity will have to cover the cost of any fraud that ensues.

In Canada, there is no Apple Pay, Android Pay or Samsung Pay. But there is a Royal Bank of Canada mobile wallet, despite the bank being challenged to explain why it has been so aggressive on the mobile scene.

Twitter's goal of becoming a payments engine has gotten a boost, as Bigcommerce will support Twitter's 'buy buttons.'

A year after its launch, Apple Pay has infiltrated numerous banks and merchants and two generations of Apple handsets. But its actual usage isn't close to living up to the hype.

A new survey reveals a wish-list for anti-money laundering specialists to help ease their process of assessing customer risk, a major concern as mobile technology and virtual currency play a larger role in the payments market.

Cloud Lending Solutions, a technology provider to marketplace lenders and other finance companies, announced that it has raised $8 million in venture funding.

VSoft Corporation, a provider of information and technology solutions for financial institutions, and Payveris, a multi-channel provider of digital payment solutions, on Tuesday said they are expanding an existing strategic partnership to integrate Payveris' payment solutions into VSoft's new IRIS Omni-Channel platform.

When major card networks revealed the EMV chip card liability shift timeline four years ago, the Merchant Advisory Group was quick to make its stance clear: A conversion to chip cards won't mean a thing without a PIN authorization to go with it.

Global payments platform Tipalti has launched a comprehensive W-8 tool to facilitate the tax filing process for firms with foreign or undocumented service providers.

Some critics argue that it's a bad idea to introduce chip cards without PIN requirements. But this debate is a distraction from the payments industry's robust and multifaceted efforts to fight cybercrime.

Financial technology provider VSoft and payments technology provider Payveris have expanded an existing partnership to integrate payments technology into VSoft's new Iris Omni-Channel banking platform.

Knowing that fraudsters will target those unprepared to handle EMV chip cards when the liability shift takes place Oct. 1, payment processor Elavon has developed a data security package to protect small businesses.

Like most financial institutions, First Financial Credit Union was not an Apple Pay launch partner. And because of that, it was able to deploy Apple's mobile wallet with just $2,500 in marketing costs.

Like most financial institutions, First Financial Credit Union was not an Apple Pay launch partner. And because of that, it was able to deploy Apple's mobile wallet with just $2,500 in marketing costs.

The merchant EMV liability shift is coming this week, and many merchants argue they don’t need to invest in new payment terminals because they’ve had only one or two fraudulent incidences in the entire history of their business.

Pushing for more businesses to convert to electronic payments rather than using paper checks, the Remittance Coalition plans to have a working model in place next month for a business-to-business payment directory and network.

Bankers, investors and analysts stop short of declaring a bubble. But the fintech startup and investor fields are getting crowded, and there's bound to be a culling of the herd.