By John Stewart With a crucial deadline looming in 2015, the U.S. payments industry will have only partially converted to the Europay-MasterCard-Visa (EMV) chip card standard by the end of that year. Indeed, it will likely take years to equip small merchants especially to accept EMV, according to a report …

Sequent Software Inc. on Tuesday launched a solution that will let card issuers take advantage of so-called host card emulation, a protocol that allows issuers to provision digital cards for mobile payments while bypassing the phone-based secure element. With the new solution, issuers will also be able to embed their …

EBay Inc.’s first-quarter conference call Tuesday was as remarkable for what chief executive John Donahoe did not say as for what he did say. Asked by a stock analyst for an update on PayPal Inc.’s move into physical stores, Donahoe added little to what eBay and its PayPal unit have …

A less costly, software-based way to handle mobile transactions using near-field communication (NFC) technology is expected to begin fueling NFC payments later this year following the release of specifications from both MasterCard Inc. and Visa Inc. n Support from the two major international card networks comes as demand for HCE-based …

Visa Inc. has tweaked its controversial fixed acquirer network fee (FANF), with the changes scheduled to take effect 12 months from now, according to sources who have seen the changes. A bulletin Visa released last week and circulated to acquirers indicates the modifications to the 2-year-old FANF are aimed chiefly …

With Microsoft Corp. no longer supporting its Windows XP operating system, companies marketing tablet-based point-of-sale gear and software are hoping to garner more business from small and mid-sized businesses looking to replace POS systems that use the outmoded OS. As expected, computing giant Microsoft ceased support for the 12-year-old XP …

You might call it the first stop on a long road show looming for automated clearing house network oversight body NACHA’s new proposal for same-day settlement of ACH transactions. The particular stop was a packed session at NACHA’s annual payments conference on Tuesday, where executives from financial institutions and payments …

Some 43% of businesses report they were exposed to card fraud in 2013, a whopping rise of 14 percentage points from 2012, according to the latest annual fraud survey from the Association of Financial Professionals. Nonetheless, survey respondents are remarkably optimistic about the Europay-MasterCard-Visa (EMV) chip card standard, with 92% …

Merchants that think payment services should leverage software, be simple to integrate, carry low or no fees, and include digital-currency choices have a champion in PayStand, a startup that emerged Tuesday from private beta with $1 million in funding and a promise of no transaction fees for online sellers. The …

The up-and-down course Bitcoin has followed in recent months continued on Monday as Square Inc. announced it has started accepting the digital currency on Square Market, the online marketplace it unveiled last June. The news lent some legitimacy to Bitcoin just as the currency was reeling from an Internal Revenue …