Point-of-sale services provider National Retail Solutions announced wholesale grocery distributor Pitco Foods is selling NRS POS terminals in its four warehouse stores. A court ordered PayPal Holdings Inc. to give the Canada Revenue Agency, the country’s national taxing authority, information about Canadians with PayPal business accounts who sent or received …

Unless there is a potential fraud issue or customer dispute, very few of the trillions of transactions that cross U.S. electronic payment networks annually attract any attention. But the first transaction on The Clearing House’s new real-time payments system was so different that BNY Mellon, the bank originator, invoked the …

Richard Cordray, director of the Consumer Financial Protection Bureau since 2011, is resigning, according to a report on TheHill.com, a political news site. The CFPB’s only director since it was created, Cordray expects to leave the agency by the end of the month, the site said. Fashion retailer Forever 21 Inc. said it …

Chatbots, quick-response codes, and so-called invisible payments will spur digital-coupon redemption volume to $91 billion worldwide by 2022, forecasts Juniper Research Ltd. These three technologies will propel redemption as consumers increasingly become accustomed to them, says the United Kingdom-based research firm. For example, chatbots, a form of machine learning that …

As in the United States, Visa Inc. and Mastercard Inc. dominate card payments in Europe, but now the two U.S.-based card brands are growing on that continent partly at the expense of smaller brands they own. European issuers are systematically switching Visa Electron and Mastercard Maestro cards to simply Visa …

It’s not a pretty picture, but then anything detailing the proliferation of cybercrime isn’t likely to have a bright side. ThreatMetrix Inc., in its “2017 Q3 Cybercrime Report,” says it detected and stopped 171 million attacks in the third quarter, a 100% increase from the 2015 third quarter. The report, …

Gift card recipients spend on average $38 more than the value of their gift cards, a $10 increase from 2016, says First Data Corp. in its “2017 Prepaid Consumer Insights Study” released Wednesday by the giant processor. Based on the responses of more than 2,000 U.S. consumers, the report found …

Consumers who want to use cash online can now load an Amazon Cash account at U.S. 7-Eleven Inc. stores by presenting cash and a personalized Amazon barcode to the cashier. Users can load between $15 and $500 in a single transaction, with no fees, 7-Eleven says. The company has nearly …

Wal-Mart Stores Inc. confirmed Friday that it will settle its lawsuit against Visa Inc. over EMV debit card transaction routing. That news comes one day after the two leaders in their respective industries settled lawsuits they filed against each other stemming from the massive and still-ongoing credit card interchange litigation …

Encryption specialist Bluefin Payment Systems said it will provide encryption services to clients of payments provider Accepta LLC. A report from processor Fidelity National Information Services Inc. (FIS) found 25 real-time payments systems in operation globally, up from 19 last year and more than twice the number in 2013. Another …