• In a bid to reach cash-only customers, Amazon.com Inc. launched Amazon Cash, a service that gives users a barcode they can store in their smart phone or print and bring to a participating store to add cash to their Amazon balance. Participating stores include CVS, Speedway, Kum & Go, and …

• China-based Ant Financial Services Group’s $880 million bid for wire-transfer provider MoneyGram International Inc. is generating increasing opposition in Congress on national-security grounds, according to press reports from Washington. U.S.-based Euronet Worldwide Inc. last month submitted an unsolicited $1 billion bid for MoneyGram. • Avangate, a subscription-management and e-commerce platform, announced …

By Peter Lucas With three more years to comply with EMV, and with the cost of chip card acceptance weighing on their balance sheets, some petroleum marketers are talking about going mobile-only. ExxonMobil, Phillips 66, Gulf Oil, Chevron. The list of oil companies rolling out or testing mobile-payment applications at …

At latest count, there are 21 countries that have faster-payments systems in operation. Some, like Japan’s, have been in place for decades. Others, like Denmark’s, have been running for only a few years. And some nations, like the United Arab Emirates with its move to all-digital payments, are laying the …

Lately, the Federal Reserve Board has been shepherding a cross-industry effort to build a faster, more efficient, and more secure payments system in the United States. As that commendable effort heads into its home stretch, one big question stands out glaringly, but has largely gone unaddressed: How much influence should …

• CORRECTION: The March 30 issue of Digital Transactions News mischaracterized the business in which eProcessing Network LLC engages. It is a payment gateway. DTN regrets the error. • In a victory for Apple Inc. and its Apple Pay mobile-payments service, the Australian Competition and Consumer Commission denied a request from four …

With a forecast of 15 billion new devices as part of the Internet of Things potentially coming online as payments devices by 2021, securing these devices, whether they are cars, wearables, or appliances, is emerging as a top concern. “We are seeing a huge increase in inadequately protected devices,” Graeme …

A data breach at Rosen Hotels & Resorts last year could cost the company more than $2.4 million in payment card network fines and other expenses, according to Rosen’s insurance company, the Orlando Sentinel reported.

Contactless payments may seem like the next evolution of the U.S. payments industry, but the challenges confronting that technology may be greater than those of the ongoing chip migration, industry observers suggested on Tuesday at an industry trade show. “At the moment, contactless is much more complex, more expensive,” Allen …

• Mastercard Inc. has agreed to acquire NuData Security, whose technology identifies users from their online, mobile-app, and smart-phone interactions. Terms were not disclosed. • Fair Isaac Corp., otherwise known as FICO, said it detected 70% more compromised debit cards at U.S. ATMs and point-of-sale terminals in 2016 than it did …