A common solution has been found that will ease EMV migration and permit compliance with the Durbin Amendment, but all networks must support the solution to realize its full benefits, says Terry Dooley. The key to an easier, more affordable, and less complex solution for EMV in the United States …

There’s clearly consumer demand to speed up settlement, and it’s been done overseas. The challenges here, though, are formidable, starting with defining just what ‘real time’ is. By Jim Daly Doctors often tell their harried patients to slow down, but in payments it’s just the opposite. In an effort to …

Mitchell Cobrin Americans like a sure thing, which is not proving helpful when it comes to figuring out chip card deployment. Better to identify promising markets, like m-commerce, and recruit partners with expertise. EMV technology, or the point-of-sale payment protocol based on Europe’s Europay-MasterCard-Visa card system, has arrived on U.S. …

George Peabody From financial institutions to card networks to mobile carriers, a fixation on payments has dimmed the once-bright prospects for near-field communication technology. Wences Casares, founder of Bling Nation and Lemon.com, once said of near-field communication, “NFC is a great technology. But it was abducted by payments, and hasn’t …

While still down from high levels in 2009, identity fraud rose for the second straight year in 2012, according to the latest annual ID-fraud study from Javelin Strategy & Research. Javelin estimates that 5.26% of U.S. consumers were ID-fraud victims last year, up from 4.90% in 2011 and the recent …

Gideon Samid • Gideon@BitMint.com Like predictions of the paperless office, the often-repeated expectation of the demise of cash remains premature. Most of us are too far removed from the circumstances of the vast majority of people on this planet for whom cash is the only medium of exchange, and where …

Loyalty systems, rapidly adaptable mobile and e-commerce technology, and data-security applications are attracting lots of venture capital. Here’s a look into the minds of investors. Hint: They’re not too keen on NFC. Peter Lucas If you want to know what the next hot new company in the payments industry will …

Look for the real-time payments revolution to start in an unlikely place, the long-derided world of P2P payments, says Steve Mott. Payment networks are seemingly locked in the physical world. They expect compensation and eschew risk as if P2P or any real-time debit mechanism will behave like plastic cards. Steve …

Jane Adler Visa and some card issuers are pushing signature authentication for EMV chip cards, but merchants prefer PINs. So who will win? As financial institutions slowly roll out smart cards in the United States while processors struggle to meet looming deadlines for acceptance, a heated industry debate over authentication …

Karen Epper Hoffman With strong brand appeal abroad, online merchants in the U.S. are pursuing overseas sales as never before. Two big hurdles are currency management and fraud risk. Tommy Bahama saw an opportunity abroad. Executives at the purveyor of island-oriented clothes and home décor knew that their brand would …