Issuing/Originating

Fiserv Inc. said its First Data unit, together with Visa Inc. and Samsung Electronics, is demonstrating a new software-based point-of-sale technology that allows an everyday mobile device to accept contactless payments from contactless cards or phones or wearables equipped with near-field communication. A pilot of the technology is set for Poland …

The big online merchant processor Stripe Inc. on Thursday introduced Stripe Capital for its U.S. merchants, thus joining competitors such as Square Inc. and PayPal Holdings Inc. in providing financing for its merchants. “Stripe Capital makes it easy for Internet businesses to get the funds they need, when they need …

Cyber threat intelligence provider Check Point Research disclosed this week what it says is a flaw in some Android smart phones that enables hackers to send bogus messages that trick users into entering malicious settings that could, among other things, route traffic through a proxy server controlled by the hacker. …

U.S. merchants added 600,000 locations for EMV chip card acceptance in 2019’s first six months, and Visa issuers cranked out an additional 10 million EMV payment cards, according to new figures from Visa Inc. In its latest update on the U.S. conversion from magnetic-stripe payment cards to the EMV chip …

The ATM made its U.S. debut 50 years ago, and a half-century later the future of cash and cash-dependent industries like ATMs is the subject of intense debate in industry forums and at city halls and state capitols. Chemical Bank, now part of JPMorgan Chase & Co., installed the first …

The card networks’ crackdown on negative-option billing and subscriptions with free trials is continuing, with stricter policies from Visa Inc. set to take effect April 18. The updated Visa rules will follow by a year tightened rules from Mastercard Inc. on negative-option billers. These are billers who, after getting a consumer …

Discover Global Network signed an agreement with Credit Mutuel Arkea to allow Arkea Group merchants in France and Europe to accept Discover, Diners Club International, and allied issuers’ transactions.Ingenico Group’s e-commerce division, Ingenico ePayments, said it will provide payments services to Yoozoo Games, a game development and distribution company.Barclaycard, a unit of …

Arxan Technologies, an application-security provider, said research it commissioned from Aite Group found 80 e-commerce sites that were actively compromised by groups using Magecart card-skimming technology. Magecart can infect e-commerce sites, without detection for long periods, and steal personal and financial information.Fitbit Inc. launched a new smart watch, Fitbit Versa 2, …

The private-sector operator of the only national real-time payments network wasn’t too enthused when the Federal Reserve announced earlier this month that it would launch a rival service in 2023 or 2024, but the Fed’s move sparked at least a temporary windfall for The Clearing House Payments Co. “One of …

Proponents of faster-payment services, which enable real-time or nearly real-time transfers, may need a bit of patience for larger-scale adoption of the technology. Fifty-six percent of attendees at the 2019 Nacha Payments conference in May said it will take at least a year, and possibly more, for their companies to …