For years, the wave of fraud receded like an outgoing tide for companies that accepted electronic payments from consumers and other businesses. But last year, a tidal wave crashed on shore. Fully 73% of companies reported they had suffered actual or attempted payments fraud in 2015, up 11 percentage points …

• 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 …

  Not yet five years after its implementation, a controversial federal regulation governing interchange and transaction routing for debit cards has come under review as part of a process set out by a 20-year-old law called the Economic Growth and Regulatory Paperwork Reduction Act. The debit card regulation, the Federal …

• Starbucks Corp. said JPMorgan Chase & Co. by year’s end will issue a Visa-branded Starbucks reloadable prepaid card that will allow cardholders to earn Starbucks “stars,” or loyalty points, for purchases just about anywhere Visa is accepted; the new card is an extension of Starbucks’ relationship with JPMorgan Chase’s …

By John Stewart   These days, the airline and air-travel industry finds itself squeezed between two imperatives that have come into sharp focus in recent months. With high average tickets, airlines must guard against fraud at a time when the spread of EMV chip cards is pushing more criminals into …

While the U.S. market wrestles with its nearly 6-month-long transition to EMV chip cards and contactless payments based on near-field communication (NFC) technology, the rest of the world is surging ahead with contactless, online, and mobile transactions, according to the latest report from Juniper Research. Total digital payments worldwide will …

• NCR Corp. says its Epsilon payments application received EMV certification from First Data Corp., enabling the app to process credit and debit EMV transactions in its Radiant POS and StorePoint POS products. • Former Merchant Customer Exchange LLC chief executive Dekkers L. Davidson joined the InStream Inc. board of directors. …

U.S. Sen. Richard Durbin, author of 2010’s controversial Durbin Amendment, wants to know about the inner workings of EMVCo, the chip card standards body owned by the six largest global payment card networks. A statement Thursday from the Illinois Democrat says Durbin is “seeking information on whether the deployment of …

Two mobile point-of-sale system providers are doing their part in the proliferation of such systems with the release of Click a Waiter Inc.’s white-label POS system and Aspex LLC’s deal with Frontier Airlines to provide an onboard POS system. Leominster, Mass.-based Click a Waiter Tuesday released a white-label version of …