With data breaches continuing to plague the payments business, and with major incidents like that of Target Corp. still fresh in the minds of payments professionals, you might think retailers would be cautious these days about their ability to ward off attackers. Not so, according to survey data released Tuesday …

With just five days remaining, organizations developing so-called faster-payments systems are submitting proposals for evaluation by a consulting firm retained by the Federal Reserve Board’s Faster Payments Task Force. On Monday, The Clearing House Payments Co. LLC, which is building a real-time payments system with Fidelity National Information Services Inc., …

Walmart Pay, the mobile-payments app developed by Wal-Mart Stores Inc., is now broadly available to consumers as part of version 6.8 of the retailing titan’s shopping app, introduced this week for Apple Inc. smart phones. The app update, available on the iTunes store, says Walmart Pay will be “available in …

As federal regulators increasingly zero in on data breaches, lawyers at a payments conference on Wednesday warned that organizations that suffer breaches are likely to have a tougher time avoiding legal liability in the years ahead. And the PCI Security Standards Council disclosed some of the major changes in its …

Visa Inc. will be paying more upfront cash to acquire Visa Europe Ltd., and it paid more in client incentives in the quarter ending March 31. But the leading payment card network still managed to turn a tidy profit and saw double-digit increases in U.S. transaction volumes even though volume …

Despite all the fuss the payments industry is making over mobile wallets, financial institutions have been remarkably low-key. With the notable exception of giants like JPMorgan Chase & Co. and Capital One Financial Corp., nearly all banks and credit unions have ceded the initiative to nonbank players like Apple Inc., …

When The Clearing House Payments Co. LLC enlisted processor Fidelity National Information Services Inc. (FIS) last fall to help it launch real-time payments in the United States, it wasn’t ready to say when the system would go live. On Monday, TCH answered that question and also cleared up what types …

The automated clearing house network reported stepped-up transaction volume with each set of quarterly statistics it released last year, and on Thursday it confirmed officially that 2015 was a banner year for growth. The payments network, which connects virtually every financial institution in the country, handled more than 24 billion …

When it comes to mobile-payments services like Apple Pay and Samsung Pay, the payments industry appears to be seeing adoption. But it could be years before it sees steady usage. The adoption picture, as defined by cardholders loading a card, is improving for Apple Pay, according to the latest numbers …

In another indication of the rebound of near-field communication for payments, some 148 million consumers globally will use the contactless technology in a mobile or wearable device to buy something this year, according to the latest report from Juniper Research, released Monday. Fully 70% of these consumers will be wielding …