AmEx scraps signatures, leaves Visa as sole holdout

December 14, 2017

American Express has said that starting in April it will no longer require a cardholder signature for transactions at the point of sale anywhere in the world.

Got a Garmin? Get cardless ATM cash via Visa

December 12, 2017

Technology provider Garmin International Inc. and NXT-ID Inc. subsidiary Fit Pay, have announced that Garmin Pay contactless payment is now available for…

TSS intros hardware encryption support for mobile wallets

November 20, 2017

Trusted Security Solutions Inc., developer of the A98 ATM key management system, now supports FIs and card issuers with hardware encryption for mobile wallet…

Maestro, Electron give way to MasterCard, Visa in Europe

November 10, 2017

Bankcard issuers in Europe are upgrading cards from Maestro and Electron — particularly debit cards — to MasterCard and Visa, taking advantage of the wider…

Funds disbursement via Visa: A bigger slice of the pie for ATMs?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

At Money 20/20 this week, Visa EVP Oliver Jenkyn mapped out growth opportunities that push money the other way — that is, toward the consumer — across the…

Industry petitions Visa to end prohibition of DCC at US ATMs

October 24, 2017

The National ATM Council Inc., on behalf of the U.S. ATM industry, has launched a petition drive requesting that Visa authorize dynamic currency conversion at…

Visa ID Intelligence promises smarter, faster customer authentication

October 20, 2017

Visa has launched Visa ID Intelligence, a platform that lets issuers, acquirers and merchants quickly adopt emerging authentication technologies, according to…

Europe leads the way in digital banking, payments

September 21, 2017

The uptake of mobile devices to manage money, conduct banking and make payments is greater than ever in Europe as 77 percent of Europeans now use their mobile…

Fitbit enables bankcard transactions with a simple wave of the wrist

August 29, 2017

How long before Fitbit enthusiasts can dash up to an ATM and briefly interrupt their daily 5K run to check their account balance and their heart rate with a…

Payment card count tops 14B; UnionPay extends lead over Visa, MasterCard

July 20, 2017

The number of payment cards worldwide increased 8 percent in 2016 to a total of 14 billion — 1 billion of which were issued in the space of one year. By 2022…

Visa turns to QR codes in Taiwan for mobile payments

July 6, 2017

Visa plans to introduce a new QR code-based mobile payments system in Taiwan, according to local reports.

Visa promises cashless (but not ATM-less) experience at FIFA event

June 14, 2017

Visa will deploy 1,600 point-of-sale terminals and 120 mobile concessionaires throughout the stadium concourses for the FIFA Confederations Cup 2017 to be held…

3 surefire ways to protect your ATM network

Compromised ATMs are costly in terms of monetary loss and reputational damage. ATM network operators must protect themselves and their customers with a…

Payment card use sees double-digit global growth in 2016

May 19, 2017

Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.60…

Standardized mobile QR codes streamline Thailand's quest to go cashless

May 12, 2017

MasterCard, UnionPay International and Visa have introduced a standardized quick response code for payments in Thailand, accelerating the country's transition…

Visa US-based chip transactions top 1B in March

April 25, 2017

In March, the number of U.S. consumer transactions on Visa chip cards topped 1 billion for the first time. The new statistic represents an increase of 33…

Card networks bump liability shift date for fuel dispensers, leave ATM deadline unchanged

December 2, 2016

MasterCard and Visa announced on Thursday that they will move their EMV fraud liability shift dates for automated fuel dispensers from October 2017 to October…

Discover tops Mastercard, Visa as planet's most-accepted payment card

September 26, 2016

The number of card-accepting merchant locations worldwide grew 15 percent in 2015 to 54 million, research and consulting firm RBR says in a new report.

Union Pay bumps Visa to No. 2 spot in global payments value

July 28, 2016

According to a new report from RBR, "Global Payment Cards Data and Forecasts to 2021," China's UnionPay is now the largest scheme in terms of value of card…

Cats and dogs come together as Visa, PayPal partner

July 22, 2016

PayPal and Visa have announced an unprecedented U.S. strategic partnership that intended to result in an improved and easier payment experience for Visa…