For a moment, I thought I was a thief. For a split second as I drove away from the ExxonMobil fuel pump, I thought I forgot to pay. In actuality, I had just used the ExxonMobil Speedpass+ app to make a contactless payment for fuel for the first time. ExxonMobil …

As the sweeping plan to update the U.S. automated clearing house network and other parts of the country’s payments system—an initiative known as faster payments—draws nearer, the first hints of what it could mean for merchants are being discussed. The faster-payments project, under the aegis of the Federal Reserve, will …

Rattle off a selection of payment trends—EMV, tokenization, fraud—and many e-retailers may be beset by apprehension. That’s especially true if the retailer looks to support emerging payment types, according to Matt Herren, director of payments analytics at Computer Services Inc., a Paducah, Ky.-based financial-technology provider. Herren, speaking at the Merchant …

Ten months after prepaid payments specialist Green Dot Corp. made amends with investor Harvest Capital Strategies LLC over a dispute about the company’s direction, Green Dot is adding a Harvest executive as an observer and advisor to its board of directors, the company announced Monday. Pasadena, Calif.-based Green Dot says Jeffrey …

Decoupled debit programs may yet yield rewards for merchants, especially as they look for ways to circumvent payment networks and spur loyalty among consumers. That’s the take from a new report, “Decoupled Debit: The Start of Mainstream Adoption?” issued by Mercator Advisory Group Inc. Decoupled debit is not a new …

VeriFone Systems Inc. acknowledged that hackers targeted two dozen convenience stores in an attempt to get at sensitive payment data by infiltrating the point-of-sale terminal maker’s corporate network in January. The confirmation follows a report Tuesday on KrebsOnSecurity.com that disclosed the attack. The site, which specializes in information-technology threats and …

Processor First Data Corp. and Fleetcor Technologies Inc. are forming a joint venture to consolidate their gift card businesses, First Data announced Monday. The joint venture, whose name was not released, combines First Data’s gift card business, digital gift-card provider Transaction Wireless Inc., and its Gyft unit, with Fleetcor’s Stored …

As the U.S. payments industry continues its massive migration to EMV, issues here and there, such as payment cards being left behind in ATMs, pop up. About six months after INTRUST Bank completed its ATM EMV conversion a year ago, the problem of unrecovered cards started, says Joe Morin, ATM …

Payment card maker CPI Card Group Inc. says it will focus on small and mid-size issuers migrating from magnetic stripe cards to cards bearing an EMV chip in 2017 as it contends with a saturating market for the advanced cards. As larger banks and credit unions complete their migration programs, …

The cofounders of Revel Systems, an early maker of iPad-based point-of-sale systems, have left the company following a fresh investment by private-equity firm Welsh, Carson, Anderson & Stowe, which has long been active in the payments industry. The press release from Welsh does not say why cofounders Lisa Falzone, who …