Processors and acquirers are chasing integrated payments while also serving traditional, terminal-based merchants. Can they keep their balance? The biggest buzzword in payments today is “integrated.” While such payments—exemplified by point-of-sale software with an add-on payments capability that is supposed to be seamless to the user and the consumer—are not …

Payment gateway USAePay completed EMV certification for First Data Corp.’s Rapid Connect platform. USAePay said the certification enables merchants to accept EMV payments, particularly EMV PIN-debit transactions, via its mobile application. First Data Corp. launched a service for card issuers called FirstSense that combines threat intelligence with the company’s fraud-detection …

Mobile POS specialist CardFlight released version 5.0 of its SwipeSimple payment-acceptance service. Among the new features are pairing receipt printers and countertop hardware for issuing receipts via a mobile printer; discount options; item images; and a virtual terminal with address-verification support. Payments provider Fattmerchant announced an integration with QuickBooks Online …

In the wake of a major European outage for Visa Inc. this spring, major U.K. banks reported they had sustained a total of 80 “operational and security incidents” within their payments systems during the second quarter of 2018. British regulators this week began requiring banks to publicly disclose major incidents …

Payment processor First Data Corp. reported late Wednesday that it has extended its joint venture with Wells Fargo & Co.’s Wells Fargo Bank, which is one of the nation’s largest merchant acquirers and an important contributor to First Data’s payment volume and profits, until the end of 2024. Wells Fargo …

Mastercard Inc. posted a 33% increase in second-quarter profit as its worldwide purchase volumes rose nearly 16% and U.S. volume grew 10.5%. New business wins, including cobranded cards, and more customers for existing products drove the higher numbers. “We continue to make excellent progress with cobrands,” Mastercard chief executive Ajay …

Payment processor Worldpay Inc. said Tuesday that it is testing what it calls Drone Pay, a payment system for drone-based package deliveries. “Worldpay’s Drone Pay proof of concept uses EMV contactless payment card technology to verify the identity of the recipient, ensuring a parcel is delivered to the right person …

Now that legalized sports betting is  up to the states,  a market some say is worth $150 billion in transaction value lies in acquirers’ cross-hairs. As this market goes legit, how soon can they cash in? No sooner did the U.S. Supreme Court rule that the question of legalized sports …

PayPal Holdings Inc. blocked sales of the violent video game Active Shooter, which lets players choose the role of a gunman terrorizing a school or of a SWAT team trying to stop him, the Associated Press reported; the game had been pulled from the online marketplace Steam after complaints but …

Adyen touts its omnichannel approach. It has integrated e-commerce with in-store sales, for example, at hip men’s clothier Bonobos. The Dutch processor’s growth locomotive, however, is, and for the foreseeable future will remain, e-commerce. While not enjoying Mastercard’s network power, Adyen has built platform economics by credentialing and securely integrating …