Eighteen states and the District of Columbia have legalized medical marijuana, and some dispensaries enjoy millions of dollars in annual sales. However, such establishments may not be ideal clients for ISOs unless they and their sale agents exercise caution, say those who work with the medical marijuana industry.

Ian Hermon, product marketing manager at Plantation, Fla.-based Thales e-Security Inc. spoke to PaymentsSource about the obstacles and options facing the U.S. payments industry during its multiyear migration to EMV cards.

Consumer sentiment rose to its highest mark in five years as a result of the rebound in housing and record stock prices - both of which are helping make Americans more confident the expansion will continue.

BOULDER, Colo. – Boulder Valley CU has launched Tyfone’s mobile financial services that includes mobile remote deposit capture,. P2P payments, bill pay, and mobile banking enrollment.

Nacha, the electronic payments association, is launching new initiatives that leverage programming language and the automated clearing house network to aid business-to-business payments and low-value check processing.

There's a lot payment companies can lean from downfall of the Pony Express, according to Brett King, founder of the financial services startup of Moven.

Global Payments will begin offering merchants currency conversion services at their point of sale terminals through an integration with Planet Payment.

Datacard Group is offering a new CD820 instant card issuance system which can support contact and contactless EMV-chip cards.

With bitcoin in the media spotlight, everyone seems to have an opinion on the price. Few recognize the profound implications of decentralized money for the monetary system, society and government – not to mention the emerging business opportunities.

If there's any good news to come from the data breach affecting an estimated 2.4 million payment cards at Schnucks grocery store chain, it's that the card data didn't come attached to a loyalty program.

ACI Worldwide has launched the ACI Universal Payments Platform, throwing its hat into a busy ring of companies building technology to allow financial institutions, processors and retailers to keep up with the nimble startups and other factors that are reshaping the payments industry.

The C-1 electric car is an inventive vehicle, built by a company with an inventive marketing strategy and an inventive way of accepting payments.

When PayPal begins distributing the EMV-chip card version of its PayPal Here mobile card reader in the U.K. this year, it will follow a pattern the eBay unit established in the U.S. of targeting a narrower market than its rivals do.

Alternative digital payments for the on-the-go consumer go well beyond the standard fare of Near Field Communication chips and QR codes. Here’s a look at some of the most imaginative mobile payments options devised.

The Federal Trade Commission on Friday released a statistical survey of fraud in the U.S. during 2011, which showed that an estimated 25.6 million adults – 10.8% of the adult population – were fraud victims.

If there's a sliver of good news to come out of the data breach affecting an estimated 2.4 million payment cards at St. Louis-based Schnucks grocery store chain, it's that the card data didn't come attached to a loyalty program.

Possibly viewing Bitfloor, a popular Bitcoin exchange, as a risky money transmitting business, Capital One Financial Corp. has closed the exchange's bank account, prompting Bitfloor to halt operations. The incident may portend a growing wariness of businesses that handle virtual currencies.

Utimaco Safeware on April 23 plans to launch new security technology that uses open development techniques to protect parts of payment transactions.

Because consumers are using mobile devices to check product prices or seek cheaper prices online, merchants need plans in place to move consumers to fast checkout and payment inside stores, says Peter Lin, program manager for mobile commerce for Sears Holdings Corp.

The simple act of using the mobile phone to make a payment opens up an entire new world of commerce, says Brian McCabe, vice president of day to day banking at Scotiabank. Mobile payment tech is advancing quickly in Canada, and the Toronto-based Scotiabank is building out its strategy.