With the judge in the massive credit card interchange litigation apparently insisting on a trial, a new and unsettling element of uncertainty now hangs over the nearly 20-year-old case, in which merchants allege anti-competitive behavior by the big credit card networks in setting interchange fees. The latest development comes nearly …

In a major win in the expanding market for digital payments for mass transit, Elavon Inc. said it will support contactless payments for the Southeastern Pennsylvania Transportation Authority, the seventh largest U.S. transit system with 45.6 million riders per year, according to the American Public Transportation Association. The new service, …

Banks and credit card companies have launched online services and mobile apps over the years to reinforce ties to their most valuable customers and win new ones. But, in Canada at least, that effort is hitting a brick wall, a series of new reports from J.D. Power indicates. While Canadian …

Shift4 Payments Inc. confirmed early Monday it has reached an agreement to acquire the German point-of-sale technology company Vectron Systems AG at a price of 10.5 euros, or $11.42, per share. The offer represents a 50% premium to Vectron’s current share price, according to early reports. Information was not immediately …

With summer travel on the rise, fraudsters are readier than ever to take advantage of unwary motorists. Toll-road fraud is generating complaints in at least a dozen states, says the Identity Theft Resource Center in a report issued this month. The latest scam involves text messages impersonating a toll authority …

PayIt LLC announced on Tuesday it is processing payments for fishing licenses for the Eastern Band of Cherokee Indians in North Carolina. The deal, which was consummated March 20 but not announced immediately, is the latest for PayIt, an 11-year-old Kansas City, Mo.-based platform that specializes in digital payments for …

The onset of the covid pandemic spurred deployers and developers to bring contactless technology to the ATM, and now industry organizations are offering guidelines on the matter as deployers look to widen acceptance of contactless cards and mobile devices. Calling contactless technology “table stakes” for most consumers, the Redwood City, …

Tap-to-pay technology for ordinary smart phones is a relatively recent development, but payments companies aren’t wasting any time offering it as it spreads into new countries. The latest example comes from Canada, which became the latest market expansion Thursday for Apple Inc.’s tap to pay on iPhone technology. The first …

Recurring payments like subscriptions have been gaining increasing attention as more businesses supplement one-off sales and as banks and billers look for ways to automate the process for consumers within their own apps. Now the capability to make and control recurring payments is coming to consumers on their mobile phones. …

The Consumer Financial Protection Bureau’s victory at the Supreme Court on Thursday answers for now the question of its constitutionality and may quiet the agency’s critics, who view it as a largely unnecessary agent of federal power operating with an overly aggressive agenda. But some payments experts fear the decision, …