A migration of sorts appears to be under way among criminals targeting electronic payments as evidence surfaces that ATMs, especially those not owned by banks, are being targeted. In 2015, there was a 546% increase in ATM compromises, says Fair Isaac Corp., the company known as FICO. Based on data …

Of the challenges presented by the U.S. payments systems’ transition to the EMV chip card standard, one of the least reported is confusion among both consumers and merchants  caused by the sudden appearance of puzzling terminal messages. Meanwhile, new numbers indicate petroleum marketers face a daunting challenge meeting their October …

The Florida merchants that sued all the major card networks and eight of the 10 largest bank issuers last month saw no other way to deal with the flood of chargebacks they incurred after the EMV liability shift, according to a top executive with one of the merchants and an …

• VeriFone Systems Inc. introduced Verifone Carbon, a black, portable point-of-sale system for café owners, quick-service restaurants, and stores that features a tablet screen for the merchant and a smaller screen for the customer, and a stand with a built-in printer. The Intel-powered device includes VeriFone’s cloud-based Commerce Platform that …

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 …

  Semi-integrated POS systems are quickly becoming a preferred option for acquirers and merchants. Among the many outcomes stemming from the U.S. payment card industry’s burgeoning migration to the EMV chip card standard is the rise of semi-integrated point-of-sale systems, which enable merchants to use sophisticated POS software without worrying …

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 …

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 …

Some important payments developments are asserting themselves this year. Don’t risk being left behind. The pace of change in the payments industry is normally fast. But the perfect storm of the U.S. EMV migration plus the mobile-wallet revolution has accelerated that pace to blistering. It’s an exciting time, but also …

We probably should have seen this coming. The ongoing transition of the U.S. payments system to the EMV chip card standard has provoked its first lawsuit. And chances are this won’t be the last. Two Florida merchants, a small grocery chain and a liquor store, filed suit last month in …