Payments-technology provider ACI Worldwide Inc. said it plans to sell its Community Financial Services (CFS) unit to bank processor Fiserv Inc. for $200 million in cash. CFS, which provides online and mobile banking and payments and security services to community banks and credit unions, generated about 22% of ACI’s $1.02 …

E-commerce merchants and the payments companies providing them with merchant services have reason to be both happy and disappointed with the 2015 holiday season. On the one hand, merchants handled the voluminous number of e-commerce orders by using their physical stores to fulfill their online sales. The volume of these …

Subscription payments, also known as recurring billing, is getting renewed attention in the payments industry from companies that provide direct-to-consumer services merchants use, like Recurly Inc., and some providing merchant services, like Fattmerchant Inc. Merchants selling goods and services paid for with subscription payments likely had a busy Cyber Monday …

As the payments industry contends with ongoing state and federal regulatory inquiries, the Electronic Transactions Association will release an updated version of its “Guidelines on Merchant and ISO Underwriting and Risk Monitoring” in February. The final edits are being made, says Deana Rich, principal of Deana Rich Consulting Inc., which …

Samsung Pay, the mobile wallet that uses near-field communication (NFC) and magnetic secure transmission (MST) technology, is developing a set of simple tools merchants can use to create offers and manage loyalty programs. The tools should be available this year. That’s the word from Will Graylin, global co-general manager of …

Consumers using mobile-banking sites or apps make only sporadic use of their ability to pay bills, send money to other individuals, or load a prepaid card, finds new research from Javelin LLC, a Pleasanton, Calif.-based payments-research firm. In the “2015 Mobile Banking, Smartphone, and Tablet Forecast” released Tuesday, Javelin found …

The more than 72,000 students and faculty members of Arizona State University have a new app to help them find deals from local merchants. Dubbed ASU Deals, the app, available for iOS and Android mobile devices, enables users to search for local deals and receive notifications from merchants. Developed by …

Sales agents at independent sales organizations and software vendors have a new mobile point-of-sale service to sell merchants. MyOmny, which is available for smart phones and tablets using iOS and Android operating systems, has launched. Developed by Dallas-based Avalon Solutions Group, myOmny is an app that merchants download to their …

In the face of reports of generally mediocre mobile-wallet usage, a report issued this week indicates the picture may brighten soon. Thirty-nine percent of consumers have used a mobile-payments service in a store within the past year, and 73% of these have done so just within the past three months, …

Prepaid card services provider Blackhawk Network Holdings Inc. has acquired GiftCards.com LLC and OmniCard LLC for $120 million, the prepaid specialists announced Wednesday. GiftCards.com specializes in selling digital and physical prepaid cards through its Web site. OmniCard sells customized prepaid incentive and rewards cards to businesses. Both entities had been …