Chase teams with BofA, US Bank for real-time P2P transfers

June 24, 2016

Customers of Chase can now conduct real-time funds transfers with customers of Bank of America and U.S. Bank using Chase QuickPay.

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…

Fime achieves UnionPay card manufacturer certification

June 23, 2016

Fime has announced that its French and Taiwanese test laboratories have become the first international centers to be accredited by UnionPay to perform card…

BofA adds support for cardless ATM access via Apple Pay digital wallet

June 22, 2016

Bank of America has rolled out Apple Pay cardless capability at a limited number of its ATMs, according to various media reports.

Interchange fee regs, mPOS likely to drive increased card use in Europe

June 20, 2016

At the end of 2014, payment cards were accepted at 15 million EFTPOS terminals in 10 million outlets in Europe.

Two legal points of view underscore ATM patent uncertainty

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In legal matters, 'it ain't over 'til it's over' ... and even then you can't be too sure.

Fime accredited by JCB for EMV migration, certification support

June 16, 2016

Fime has become the first testing provider accredited by JCB to support issuing banks with their JCB EMV migration and certification projects.

AmEx latest card network trying to make EMV transactions quick

June 16, 2016

American Express is the latest card network putting its best foot forward to try and reduce U.S. EMV transaction times with a software update at the physical…

Euronet expands shared recycling ATM network to 2,500 terminals

June 15, 2016

Payments provider Euronet Worldwide Inc has expanded its Shared Independent Recycler Automated Deposit Terminal Network across Europe. The system now includes…

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.

Turkish payment processor keeps it real-time with Printec, Inetco

June 14, 2016

Turkish transaction processing provider Bankalararasi Kart Merkezi has teamed with fintech solutions provider Printec Group and financial software developer…

Wal-Mart Canada cans Visa for 'unacceptably high' fees

June 13, 2016

On Saturday, Wal-Mart Stores Inc announced plans to stop accepting Visa credit cards at its stores in Canada due to fees that the retailer deems "unacceptably…

Where in the world are the mobile payment users?

Fintech experts have long predicted the widespread use of mobile wallets for assorted payments, but adoption has been sluggish in many Western countries. So…

Visa to help banks break into mobile payments

June 7, 2016

Visa has introduced the Visa Digital Commerce App, an issuer-branded mobile commerce product that enables financial institutions to offer their own mobile app…

Survey: Banks ill-equipped to handle potential fraud onslaught

June 6, 2016

Payments fraud presents a growing challenge for corporate treasurers and other finance professionals, according to a survey conducted by TD Bank at the 201…

Investment firm acquires Fime

June 3, 2016

Fime, a certification consultancy and provider of testing for secure electronic transactions, has been acquired from Orange by independent investment firm…

UL VIS 1.6.1 functional test suite gets OK from Visa

June 3, 2016

The UL Visa VIS functional test suite has been qualified for Visa VIS 1.6.1 and can now be used to support card type approval testing, according to a news…

The key to ending skimming: A comprehensive approach

It's vital for the ATM industry to take a more holistic approach to tackling skimmers in order to combat criminals' evolving tactics; at the center of this…

A mobile app for cash transactions? Yep. It's ChangeJar

June 2, 2016

Canadian Fintech startup ChangeJar Inc has launched ChangeJar Mobile, an app that lets users receive or pay with change from cash transactions using their…

Put a ring on it: Visa offering contactless option to Rio Olympians

June 2, 2016

Visa has introduced a contactless ring that Team Visa athletes can use at the Rio 2016 Olympic Games to make purchases at venues with contactless payment…