• Processor First Data Corp. and terminal maker Ingenico Group announced a new solution supporting EMV tip adjust and the common application identifier for debit and running on Ingenico smart terminals. First Data has certified the solution on its Omaha platform. • The Merchant Advisory Group launched KnowYourPayments.com, a Web …

EMV chip cards promise more secure transactions, which means less fraud, but so far implementing EMV has been problematic for many merchants, ISVs, and ISOs. Issues range from integration hassles to certification backlogs to unfamiliar chargebacks, not to mention frustration at the point of sale with slow transaction speeds. It …

Getting point-of-sale terminals through the EMV-certification process should become a bit quicker thanks to the card brands’ efforts to “streamline” the testing process. That should bode well for POS terminal maker VeriFone Systems Inc., says Vin D’Agostino, executive vice president of VeriFone Services. MasterCard Inc. and Visa Inc. separately announced programs that …

• Prepaid card provider Green Dot Corp. appointed William I. Jacobs, who joined its board of directors in April, as board chairman. The chairman spot had been held by CEO Steve Streit, but the company, which recently had a proxy fight, is separating the roles. Jacobs currently is chairman of …

MintChip, a digital cash replacement, went live Tuesday with a handful of retailers and restaurants in a trendy Toronto neighborhood. Canadians anywhere also can use MintChip for peer-to-peer payments. A loyalty and payment-services startup called nanoPay Corp. bought MintChip, which was developed by the Royal Canadian Mint, early this year. …

• The Home Depot Inc. filed a federal antitrust lawsuit against Visa Inc. and MasterCard Inc. for alleged lax security practices and a preference for higher-margin signature authentication with EMV chip credit cards over more secure PIN authentication, according to the Associated Press. A MasterCard spokesperson told the AP that …

The use of credit cards in the United States is rising, and new payment options like Apple Pay and Android Pay are gaining popularity. You can bet consumers paying at parking meters, vending machines, or pharmacy-pickup windows will start to expect the convenience of these multiple payment options. 1. EMV …

• Some 27% of consumers who have a smart phone capable of performing mobile payments have used Apple Pay, Samsung Pay, or Android Pay at least once, according to the latest Mobile Pay Tracker survey from Auriemma Consulting Group. Of this group, 31% say they pay with these methods every …

With more and more consumers getting accustomed to shopping online and on mobile devices, merchants are losing more and more sales to checkout abandonment. “Conversion rates aren’t where we’d like to see them,” said Joe Walent, a senior analyst at Mercator Advisory Group, a payments consultancy. Walent, who spoke Tuesday …

• Money-transfer specialist Dwolla Inc. submitted a 164-page proposal for speedier electronic payments, dubbed FiSync, to the Federal Reserve’s Faster Payments Task Force. • Fuel-pump manufacturer Gilbarco Veeder-Root introduced its FlexPay IV, a payment terminal developed with VeriFone Systems Inc. that Gilbarco says is the industry’s first terminal for a …