By John Stewart @DTPaymentNews Bank and non-bank players alike are scrambling to claim a share of the peer-to-peer payments market, and a report released this week explains why: adoption is hot and getting hotter. Slightly more than one-third of U.S. consumers made at least one transaction last year, up from …

• More than 100 new merchants have signed a letter to U.S. House of Representatives leaders, bringing the total to 768 since the letter began circulating in November, urging them not to repeal the Dodd-Frank Act’s Durbin Amendment, which put a cap on debit card interchange and set debit transaction-routing requirements. Dodd-Frank is …

By John Stewart @DTPaymentNews If loyalty programs are the key to boosting usage of new payments methods like mobile wallets, ease of rewards redemption could be even more critical. On Wednesday, terminal maker VeriFone Systems Inc. took a step in that direction by expanding the reach of its Points Redemption …

By Jim Daly @DTPaymentNews Stockholm-based mobile-payments technology provider iZettle AB, which operates in Europe and Latin America, reported Wednesday that it raised €60 million ($63 million) in a new funding round in which an affiliate of Chicago-based Victory Park Capital participated. The financing consists of equity from existing investors in …

• The U.S. Supreme Court seems divided over whether New York’s ban on credit card surcharges is a form of speech regulation as a group of merchants challenging the state’s anti-surcharge law assert, Reuters reported. The National Retail Federation said the case is about “being able to show the cost of using …

• Independent sales organization Applied Merchant Systems announced it has increased its liquidity following  an expansion of its credit line with Goldman Sachs Specialty Lending Group and Business Development Corporation of America. In conjunction, Blue Square Resolutions, also an ISO, became a shareholder in the company. • Miami-based NovoPayments, which processes payments throughout …

• The Second U.S. Circuit Court of Appeals rejected a U.S. Department of Justice request to reconsider a decision by a three-judge panel of the appellate court that, by reversing a lower-court ruling, allows American Express Co. to prevent its merchants from encouraging customers to use lower-cost forms of payment than …

By Jim Daly@DTPaymentNews For the second time in less than two months, a major payments case is coming before the Supreme Court. On Tuesday, lawyers for merchants and the state of New York will argue before the eight justices over whether the state’s ban on credit card surcharges constitutes illegal …

By John Stewart @DTPaymentNews Merchants are quite familiar with days like “Black Friday” and “Cyber Monday,” but now they’re waking up to a much less joyful day—“Chargeback Tuesday.” It’s the day when merchants, and online sellers in particular, get hit with the highest number of chargebacks they’ll see in a …

• The Electronic Transactions Association announced its 2017 board of directors and officers, including Jeff Sloan, CEO of merchant processor Global Payments Inc., as chairman and president. An Apple Inc. executive also is serving a two-year term on the board—Eric Hoffman, director of Internet software and services. • The Federal Trade Commission is challenging the public …