After years of working with Internet firms and payments and tech companies to develop its authentication standards, the Fast IDentity Online (FIDO) Alliance on Wednesday unveiled a Web site to familiarize consumers with its work and a symbol that indicates a Web site or device is using its technology. The …

In its first “State of Spend” report, loyalty platform provider Cardlytics Inc., which develops offers for customers of some of the nation’s largest banks based on transaction data, says spending on streaming services rose 24% year-over-year in the March 12-April 29 period.Digital-payments and banking-services provider i2c Inc. said it is supporting Crypto.com as …

Point-of-sale lender LendingUSA LLC launched an instant ID-verification capability, which involves applicants using a smart phone to take and transmit photos of government-issued ID cards and selfie photos. The company says its merchant base exceeds 8,000 nationally.A startup called Skyflow said it has raised $7.5 million in a seed funding round aimed at developing …

Forty-five percent of U.S. consumers are ordering online more often than usual as a result of restrictions stemming from Covid-19, and 34% are making more purchases with contactless or mobile-payment options, according to an online survey of 807 U.S. adults by Auriemma Group, a financial-services consulting firm. The firm also surveyed consumers …

E-commerce facilitator WooCommerce launched WooCommerce Payments to provide checkout and payments-management capability for merchants on its platform. Transaction fees start at 2.9% plus 30 cents for U.S.-issued cards.ACI Worldwide Inc. announced Wundr Group Ltd., a retail payments platform specializing in cross-border transactions, will use ACI’s UP eCommerce Payments technology, which links to card-transaction …

Twenty-seven percent of U.S. consumers are past due on an at least one bill and nearly 50% will need a year to catch up on bills because of the Covid-19 pandemic, finds a study from YouGov and ACI Worldwide Inc. Of the nearly 1,400 surveyed, 81% said their mortgages and 78% said …

The U.S. Commerce Department’s Census Bureau issued advance estimates for April’s seasonally adjusted retail and food-services sales totaling $403.9 billion, down 16.4% from March and off 21.6% from April 2019.In one indication of the toll the slumping economy is taking on consumers, store card issuer and processor Alliance Data said its overall delinquency rate …

In line with previous decisions from Visa Inc. and American Express Co., Discover Network said it is postponing its deadline for EMV capability at gas pumps to April 16, 2021. The original deadline was Oct. 16.Micro Merchant Systems, a provider of pharmacy technology, launched a service that allows patients to make contactless copays by …

With the world rushing to their phones, tablets, and PCs to buy what they need and want at a time when most physical stores are closed, the payment networks are maneuvering to smooth out online transactions. This includes chucking clunky checkouts and opening the way for transactions to go ahead …

The Covid-19 impact continues to make itself known in the payments arena. Consumers are increasingly favoring debit cards, especially now that many have received $1,200 stimulus payments. And merchants using the Clover point-of-sale system now have access to online ordering on the platform. Consumers increased their debit card spending 6.6% …