Panini S.p.A., which has been expanding beyond its base in devices for image processing, said early Tuesday the Federal Bureau of Investigation has certified its fingerprint-authentication technology, called BioCred. The scanning technology meets image-quality specifications set by the FBI’s Appendix F standard, said to be the law-enforcement agency’s highest standard …

The return of travel following the impact of the pandemic is testing airlines in various ways, not the least of which is their openness to payment methods beyond cards in what for them is a global market. That new emphasis, combined with a need to work with multiple acquirers, is …

With the Consumer Financial Protection Bureau investigating the impact of buy now, pay later programs on consumers, the Electronic Transactions Association early Friday released a letter it hopes will help clarify the issues and help allay the regulator’s concerns about key issues such as debt accumulation, regulatory arbitrage, and data …

Mastercard Inc. early Wednesday said it will launch two new payments tools that rely on the card network’s rapidly growing stake in open banking and account-to-account transactions. The new digital tools, which Mastercard says will not be available until later this year, are expected to address risk and uncertainty in …

The buy now, pay later concept is nothing new, but it took on momentum during the pandemic and may now undergo unstoppable growth in the next few years, according to RBC equity analyst Dan Perlin, who analyzed data on BNPL contained in the 2022 Global Payments Report recently released by …

The world’s biggest card networks earlier this month reacted to the Russian invasion of Ukraine by closing their operations in Russia, and now some of the world’s biggest processors are beginning to report their exposure to those markets. For Paris-based Worldline S.A., it’s not trivial, but it’s not huge, either. …

A new, $1-million limit takes effect on Friday for same-day processing of automated clearing house transactions. The new cap, 10 times higher than the former one, is expected to open the ACH for faster processing of more large-value transfers and is seen as a landmark move toward faster payments as …

Priority Technology Holdings LLC late on Wednesday reported $144 million in revenue for 2021’s December quarter and $514.9 million for the full year, increases of 35.7% and 27.4% year-over-year, respectively.  The Alpharetta, Ga.-based company, which ranks among the 25 largest merchant processors in the country, handles payments and related services …

Underscoring the rising profile of open banking in consumers’ financial lives, Green Dot Corp. early Tuesday said it has completed an integration for its GO2bank mobile banking app with the Plaid Exchange network from Plaid Inc. The move will connect users of Green Dot’s app, launched only in January last …

Having held off for the past two years, the country’s two biggest card networks are preparing revisions to their interchange schedules that at least one research firm says will cost U.S. merchants an estimated $475 million in additional transaction fees. Though Visa Inc. and Mastercard Inc. have historically revised their …