By Jim Daly An exclusive coterie of card networks runs the business of issuing and managing payment tokens. But that elite club soon may have more members. Looking for a business with growth opportunities? Look no further, ladies and gentlemen, than at the business of the token service provider. A …

  The October 1, 2015 deadline for EMV compliance has come and gone, yet many U.S. merchants have not yet upgraded to EMV terminals and cannot accept NFC payments like Apple Pay™. As the industry upgrades to new, user-friendly and secure technologies, sales partners find themselves in a great situation …

HalCash North America is making its cardless-cash ATM service available in four U.S. cities prior to eventual national expansion later this year. Under the Pin4 moniker, the HalCash North America service enables consumers to securely send cash that recipients can retrieve at participating ATMs without having to insert a card …

Green Dot Corp. announced a number of a new products Wednesday and said it was getting into lending in order to generate new revenues and expand beyond its prepaid card base. Under pressure from a large investor to boost its bottom line and flagging stock price, Pasadena, Calif.-based Green Dot reported …

When JPMorgan Chase & Co. announced its own mobile wallet, Chase Pay, in October, it said the new payments service would begin rolling out by the middle of this year, and on Tuesday the money-center bank announced an important step in that direction. The fledgling service, which is up against …

A new Tennessee law governing merchants’ payment card contracts could create headaches for non-bank entities such as independent sales organizations and payment facilitators, merchant-acquiring industry sources say. The law will require processors on a monthly basis to list all fees assessed since the last statement. That’s certainly not unusual in …

Square Inc. introduced its payroll service for small businesses last June in California, and in the eight months since then Square Payroll has proven to be popular enough that the company added two more states in November and on Wednesday said it is expanding into five more. But while Square …

U.S. consumers apparently held onto and used their smart phones and tablets even more than one might suspect given the increase in mobile-commerce transactions during the fourth quarter of 2015, reports Criteo, a New York City-based online marketing specialist. In its “State of Mobile Commerce Report,” released Wednesday, Criteo said …

With biometric authentication now enabled in millions of smart phones and the focus of intense technological development, some payments experts are warning that biometric data can, just like old-fashioned passwords, be stolen, potentially leading to big problems for consumers and payment-service providers. “Biometrics are sure to proliferate in the next …

The onset of 2017 will usher in the year of the smart phone in e-commerce, according to a projection released Tuesday by eMarketer Inc. The New York City-based researcher says that next year, for the first time, more than half of all so-called digital buyers—51.2%—will make at least one purchase …