Processing titan First Data Corp.’s return to the stock market Thursday was met with a tepid response from investors in the Atlanta-based company. First Data, which turned to the market to raise money to pay off debt, priced its initial public offering late Wednesday at $16 per share, which …

Within a week, four more major retailers—ExxonMobil, Sears, Shell Oil, and WalMart—will join the CurrentC pilot that started last month in Columbus, Ohio. That’s according to Brian V. Mooney, a long-time processing executive who took over in April as interim chief executive of the mobile wallet’s sponsor organization, Merchant Customer …

The American Bankers Association seems to have persuaded the Federal Bureau of Investigation to do something the Bureau rarely ever does, at least in public: change its mind. The FBI’s original position was the consumers should enter a personal identification number whenever possible when using their new EMV chip cards. …

A public service announcement the FBI posted Thursday warning consumers that the new EMV chip cards “are vulnerable to exploitation by fraudsters” and urging them to enter a PIN instead of a signature during EMV credit card transactions was removed Friday, apparently at the behest of the leading banker trade …

  Consumer confusion, lack of standards for offers, and splintered merchant acceptance continue to impede mobile-wallet adoption among consumers, but they are not expected to thwart the long-term prospects for the payments model, suggested panelists on Wednesday at the NFC Solutions Summit in Phoenix. Near-field communication (NFC) technology not only can …

Two reports released Thursday point up the accelerating rate at which consumers are turning to a mobile device rather than a PC to pay an online merchant or another person. The news comes as major tech players like Apple Inc., Google Inc., PayPal Holdings Inc., and Samsung Electronics Co. Ltd. …

  Venue operator Live Nation Entertainment will install more than 4,400 fixed and mobile point-of-sale devices supplied by cloud-based  mobile point-of-sale maker Appetize in 32 venues, Appetize announced Tuesday. Four-year-old Appetize says this is its largest single POS deployment yet. About half of the devices in the Live Nation deal …

Visa Inc. is providing emerging self-checkout provider Digital Retail Apps another venue to showcase its smart phone-based service by enabling it at the Visa Innovation Center, its technology lab in San Francisco. Toronto-based Digital Retail Apps says Visa will integrate the SelfPay technology into the Visa Everywhere Shop app, enabling …

Point-of-sale terminal maker Ingenico Group has teamed up with Bitcoin merchant acquirer BitPay Inc. to retrofit a traditional POS terminal for Bitcoin acceptance in stores. And the U.S. Marshals Service is planning to auction off the last of the Bitcoin that the FBI seized in 2013 when it busted Ross …

Retailers’ increasing attention to making the checkout process a smooth and speedy one could potentially enhance the volume of mobile-commerce payments. One vendor trying to reform the checkout process is Moovweb, a San Francisco-based e-commerce platform provider. On Monday, it launched MoovCheckout, a service that helps retailers better manage their …