The payment habits of Generation Z and Millennial consumers are providing some of the motivation for Glance Technologies Inc. to change its name and mission. Millennials were born between 1981 and 1996, and those born in 1997 and later are Gen Z members. Announced Tuesday, the new corporate name is …

The deadline for converting gas stations to EMV is fast approaching, and this time there won’t be an extension. What to do? EMV payments are coming to a pump near you, and gas stations need to get ready to accept them or face financial consequences. A majority of the world …

Thanks to cashless payment technology, markets ranging from laundromats to parking lots to vending machines are expanding sales and ushering in loyalty lures. Dig just below the surface of unattended retail—which is enjoying stellar growth of late thanks to expansion beyond its origins in vending to include laundromats, parking, transit, …

Visa Inc. and Mastercard Inc. have made it plain in recent years they’re interested in something much bigger than card payments. A few weeks ago, Visa underscored its own determination to be the network for the world’s payments economy by announcing it will lay out fully $5.3 billion to buy …

The U.S. House of Representatives’ Task Force on Financial Technology held a hearing Thursday morning titled “Is Cash Still King? Reviewing the Rise of Mobile Payments.” Witnesses included representatives from PayPal, the U.S. Faster Payments Council, the Brookings Institute, Consumer Reports, and a New York City non-profit dedicated to financial …

For years, payments providers like Square Inc. have mined the small- and micro-merchant market by providing inexpensive and simple attachments, or so-called dongles, that hook up to smart phones and can be used to swipe or read the chips on cards. Now comes the next step: card acceptance using no …

At least six lawsuits seeking class-action status have been filed in U.S. District Court in Philadelphia against Wawa Inc., an 850-location convenience-store chain, in the wake of Wawa’s previously announced data breach. Most recently, the Goldman Scarlato & Penny P.C. law firm said its attorneys are investigating consumer claims concerning the breach. Data stolen …

Loyalty apps are great, but they badly need a technology overhaul. By adding artificial intelligence, retailers can step up customer engagement and convert more sales. As brick-and-mortar retailers battle for foot traffic and sales, there is good news for them. Gen Z, the first truly digitally native generation, were strolling …

Are digital wallets prepaid accounts? A federal regulator says yes. PayPal just said no. Much is riding on who’s right. Time was, it was pretty clear how to tell a prepaid account. Almost always, it consisted of an account held by a bank or merchant and funded by somebody who …

Upgrading gas pumps to accept EMV chip cards is a complex affair for convenience stores and gas stations that involves installing new card-reading hardware and software, testing, and certifications. Many fuel retailers are expected to miss next October’s automated fuel-dispenser liability shift, and software is proving to be one of …