Frequently, we see articles and blogs about the disruption of businesses where the example disruptor is Uber or Airbnb or a similar platform company. In these cases, the business model is connecting a consumer with a provider and leveraging a platform that the disruptor doesn’t have to fund or manage. …

As the payments industry contends with ongoing state and federal regulatory inquiries, the Electronic Transactions Association will release an updated version of its “Guidelines on Merchant and ISO Underwriting and Risk Monitoring” in February. The final edits are being made, says Deana Rich, principal of Deana Rich Consulting Inc., which …

2015 is the year of EMV, as much for the various ways chip cards are causing anxiety for the payments business as for their putative benefits. But a host of other issues is keeping payments executives awake these days, as well. Well, it seemed like a good idea at the …

The controversial Dodd-Frank Act scored just 20% in an impromptu popularity poll Sunday afternoon, with its only support coming from someone in the federal government. The quick straw poll was hardly representative as the mere five respondents were panelists at a conference for payments executives, but the results do reflect …

Diebold Inc., the second-largest U.S.-based ATM manufacturer after NCR Corp., disclosed over the weekend that it is in discussions to buy Paderborn, Germany-based ATM maker Wincor Nixdorf AG. North Canton, Ohio-based Diebold issued a statement Saturday confirming that it has a non-binding agreement with Wincor Nixdorf “regarding the key parameters of …

From leases lopsided in acquirers’ favor to a bevy of bogus fees, dodgy ISOs, sponsoring banks, processors, and leasing companies are exacting a moral as well as monetary cost on the industry. Here’s what’s going on—and how to clean it up once and for all. Picture this. You’re at a …

This young demographic is shaking up payments. Capturing their business requires new tools, new approaches, and, above all, open-mindedness. My 80-year-old mother doesn’t have an ATM card, but I don’t think my 4-year-old grandson will ever have a checkbook. Hard cash’s days are numbered. The payments industry is in the …

A new update of a list detailing where public authorities have intervened in payment card merchant pricing and rules shows only one country, Malaysia, was added over the past year, but authorities took new regulatory measures in places on the predecessor list, particularly the European Union and the United States. …

A federal judge on Tuesday nullified a pending settlement between American Express Co. and merchants in a class-action lawsuit over AmEx’s anti-steering rules because of improper conduct by a co-lead attorney for the merchants. The decision immediately cast a shadow over the $5.7 billion settlement Visa Inc. and MasterCard Inc. …

A federal appellate court on Tuesday reinstated a proposed class-action lawsuit over ATM pricing rules that independent ATM operators and consumers filed against Visa Inc. and MasterCard Inc. in 2011 but a district court dismissed in 2013. The ruling originated with three lawsuits filed by the National ATM Council Inc., …