Discover joins major card brands with Quick Chip offering

June 24, 2016

Discover has followed the rollout of Visa, MasterCard and American Express Quick Chip programs with its release of Discover Quick Chip. The technology…

On the hot seat, networks streamline EMV cert, soften chargeback rules

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Lawsuits, lawmakers and loads of complaints about improper chargebacks seem to have spurred AmEx, MasterCard and Visa to ease up a little on the penalties for…

China opens to foreign card brands, promises fair play with UnionPay

June 14, 2016

China has issued new rules that could finally give the major card brands their long-sought foot in the door to an $8.4 trillion (and growing) card market.

ATM Marketplace: Most-read features for May

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

As fast as May zoomed by, it would come as no surprise if you missed an ATM Marketplace feature or two. We've collected our top five articles here in one place…

Durbin goes after the card networks again; this time over EMV

'EMVCo standards have been technologically inadequate and their implementation has caused chaos in the U.S. market ... ' With these words, the senator from…

Visa intros solution to speed up EMV transactions

April 21, 2016

Visa Quick Chip allows customers to dip and remove their EMV chip card from the terminal, typically in two seconds or less, without waiting for the transaction…

'Cashfree and Proud' … of what?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With its new ad campaign and tagline ('It's all the change you need'), Visa Europe takes a stab at 'coin-shaming' Brits into making more contactless payments.

Use of e-payments adds $300B to GDP of 70 nations, Visa says

March 10, 2016

The study does note that expanding electronic payments alone will not necessarily increase prosperity — well-developed financial systems and healthy economies…

Visa, MasterCard taking over as standard debit brands in Europe

March 7, 2016

At the end of 2014, Visa was the largest scheme in Europe, with 28 percent of all cards according to a report from RBR.

7 in 10 US consumers now carrying chip cards

February 17, 2016

According to the latest stats from Visa, 93 percent of American consumers are now aware that the US is migrating to chip technology.

India's Quatrro gets the nod as VisaNet third-party processor

February 10, 2016

The company says it can now connect directly to VisaNet and provide issuer and acquirer card processing services to VISA clients including FIs, merchants and…

Contactless payment growth soars in Europe

January 29, 2016

Research firm RBR expects that contactless payment volume will chart a nine-fold increase between 2014 and 2020.

MasterCard, Visa payment card share rising in Europe

December 8, 2015

A new study by RBR finds that 90 percent of the euros spent via payment card in Europe were on a Visa or MasterCard-branded card — the highest share of any…

Visa Inc. to acquire Visa Europe

November 2, 2015

The companies say the deal will position them to pursue $3.3 trillion in European payments currently transacted with cash.

98 percent of US cards forecast to be EMV-enabled by end of 2017

September 30, 2015

By the end of 2015, 60 percent of cards will have chips, compared with 30 percent in June, the Payments Security Task Force says.

Absa ATMs to trial EMV chip-based biometrics

September 17, 2015

The FI will pilot a new spec from Visa designed to integrate palm, voice, iris and facial biometrics with the EMV chip industry standard.

IADs to get their day in court in MasterCard, Visa fee-fixing case

August 4, 2015

The U.S. Court of Appeals for the District of Columbia Circuit has overturned a lower court ruling that dismissed class action suits alleging anti-competitive…

Visa launches new commercial standard for mobile payments

May 28, 2015

The Digital Enablement Program is meant to connect banks and technology companies in order to simplify and accelerate the rollout of new payment and commerce…

Torching mom and pop

With the major card schemes looking to offload up to $6B in annual card fraud beginning this year, the EMV risks to 'mom-and-pops' will grow exponentially.

Does virtual currency's past dictate its future?

An excerpt from opening remarks by Networld Media Group Publisher Tom Harper at the first annual Virtual Currency Today Summit in Boston.