Jolted by some shocking failures over the past several months, the mobile-acceptance market is fast shedding its early euphoria. What are the prospects for mPOS now? As boardroom dramas go, it seldom gets more compelling than this. In February, news suddenly emerged that Powa Technologies Ltd., a high-flying London-based startup …

Remember when NFC was a dead letter in payments? Well, it’s undergoing quite a resurrection, thanks to EMV and mobile wallets like Apple Pay. When Apple Pay burst upon the payments scene 18 months ago, the way it allowed iPhones to connect instantly with point-of-sale terminals seemed like something fresh …

A grassroots campaign is under way to educate payment-application resellers and integrators about data-security best practices. Will costs prove to be a barrier? Data breaches at small merchants may not grab the headlines that hacks at huge chains such as Target Corp. do, but make no mistake, small merchants are …

Mobile payments funded through the automated clearing house network are not unusual, but a growing corps of processors and tech companies are working to increase the ACH’s share. As mobile payments begin what appears to be a long climb to general consumer acceptance, the major actors in electronic payments face …

While many ATM operators know what hardware and software their fleets need to enable EMV chip card acceptance, most are waiting to fully upgrade until concerns about routing issues, chargeback rates, and continuing uncertainty subside, according to the 2016 ATM Channel EMV Readiness survey from the ATM Industry Association. Like …

• The Federal Reserve picked consulting firm McKinsey & Co. to support its Faster Payments Task Force efforts this year by assessing solution proposals from various payments providers. • Merchant processor Square Inc. announced its “Build With Square,” a set of application programming interfaces (APIs) that integrates point-of-sale and-online payments capabilities with …

• Nearly half—48%—of ATM operators did not have EMV acceptance enabled on their machines at the end of 2015, finds the 2016 ATM Channel EMV Readiness Survey released by the ATM Industry Association. Fourteen months ago, the survey predicted that figure would be 12%. Continuing uncertainty and confusion, routing issues, and …

Once widely disparaged as an unwieldy fraud solution, 3-D Secure is back on the radar screens of risk managers at major online merchants and card issuers. Improvements in the 15-year-old technology, combined with surging e-commerce fraud, are driving the renewed interest, experts say. “Two-and-a-half years ago, zero U.S. online merchants …

• The nation’s movement toward faster payments took a step forward with Early Warning LLC’s announcement that it is now processing real-time peer-to-peer payments for Bank of America Corp. and U.S. Bancorp. Customers of these banks can send payments via mobile or online banking apps to other customers of either …

An exclusive coterie of card networks runs the business of issuing and managing payment tokens. But that elite club soon may have more members. Looking for a business with growth opportunities? Look no further, ladies and gentlemen, than at the business of the token service provider. A sexy business? Definitely …