Payments made via so-called wearables are forecast to soar in the years to come, so Visa Inc. and MasterCard Inc. are positioning themselves to cash in with announcements made Monday at the huge Mobile World Congress in Barcelona, Spain. MasterCard unveiled a partnership with WiseKey, a Swiss company whose security …

How many point-of-sale terminals have to be enabled for near-field communication (NFC) before the technology becomes a must-have experience for consumers in stores? In the U.S., at least, the answer is 35% of the installed base, according to Osama Bedier, president of Poynt Co., a Palo Alto, Calif.-based startup that …

The prospect of ubiquitous merchant acceptance and the ability to carry just one card in lieu of several was too much of a promise, alleges a lawsuit filed last week against Coin Inc., a startup offering a universal card service. Filed on behalf of two consumers who each purchased a …

Look for more ATM placements, capital spending, and possible acquisitions by leading retail ATM network owner and operator Cardtronics Inc. in 2016. The growth plan mostly conforms to the long-term strategy the company has been following in recent years, according to comments by top Cardtronics executives late Thursday. Houston-based Cardtronics …

  Card-not-present fraud isn’t the only looming threat for payments providers and merchants. Account-takeover losses are also set to take off. As criminals find it easy and affordable to use the Internet to obtain millions of pieces of personally identifiable information about consumers, the prospects of greater fraud overall are …

  New rules coming from the CFPB and other regulators will likely lead to exits and consolidation among players, says Ben Jackson. It’s February, and by the end of the first quarter the rules of the prepaid game likely will change. Looming regulations at both the federal and state level …

The crucial role in-app payment plays in mobile-wallet usage emerged in high relief last month in a report showing that almost one-third of all Apple Pay credit card transactions made in the previous five months by surveyed consumers occurred within a merchant app rather than in a store. Over the …

Sweden’s online-payments firm Klarna started operations in the United States only five months ago, but already it is making itself felt in the highly competitive business of serving U.S. e-commerce merchants. By early January, nearly 20 retailers had signed up for the company’s streamlined checkout service, including big sellers Overstock.com …

Card-not-present fraud isnäó»t the only looming threat for payments providers and merchants. Account-takeover losses are also set to take off. As criminals find it easy and affordable to use the Internet to obtain millions of pieces of personally identifiable information about consumers, the prospects of greater fraud overall are high. …

New rules coming from the CFPB and other regulators will likely lead to exits and consolidation among players, says Ben Jackson. Itäó»s February, and by the end of the first quarter the rules of the prepaid game likely will change. Looming regulations at both the federal and state level likely …