EMV Will Crush Card Fraud, Survey Says It’s bad news, and maybe good news, for businesses accepting credit and debit cards. Some 43% of businesses report they were exposed to card fraud in 2013, a whopping rise of 14 percentage points from 2012, according to the latest annual fraud survey …

Our Guide spotlights how mobile payments and digital currency drive payments innovation. by John Stewart, Jim Daly, and Kevin Woodward Alternative payment schemes are becoming almost too numerous to count. A few months back, one payments-industry veteran listed all the mobile wallets he knew of and came up with about …

To bring cart abandonment back down to earth, e-marketers need to fix their mobile payments and promotions systems—and they don’t have much time, says Ralph Dangelmaier. For mobile conversion rates to meet or surpass non-mobile benchmarks, the mobile checkout and payment process needs to be frictionless, intuitive, marketing-savvy, and global-aware. …

Leading payment card processor First Data Corp. on Wednesday reported it lost less money in the first quarter than it did a year earlier despite price compression in its merchant-acquiring business and slow debit card transaction growth. Atlanta-based First Data typically posts an operating profit but a net loss after …

Sequent Software Inc. on Tuesday launched a solution that will let card issuers take advantage of so-called host card emulation, a protocol that allows issuers to provision digital cards for mobile payments while bypassing the phone-based secure element. With the new solution, issuers will also be able to embed their …

Target Corp. is making good on its plans to accelerate chip-and-PIN payment card technology in its stores and among its customers with Monday’s announcement that it will move its entire Redcard credit and debit card portfolio to cards that use MasterCard Inc.’s chip-and-PIN technology. Most of Target’s cards, however, will …

  PayPal, the payments arm of online marketplace eBay Inc., has put out a call for more resellers, including independent sales organizations, acquirers, independent software vendors, and value-added resellers. PayPal, which has set up a dedicated Web page soliciting partners, says its ideal partners include “folks that share a similar …

American Express Co. deepened its prepaid card relationship with Wal-Mart Stores Inc. with Monday’s announcement that its Serve card will be sold in 4,100 U.S. Walmart-branded stores. The Walmart stores also will become part of Serve’s cash-reload network, boosting its location count to 19,500. Serve’s thus will become the biggest …

Less than a month after electronic gift card provider Gyft announced it was selling Wal-Mart Stores Inc. gift cards, they no longer are available. According to a report on Coindesk.com, a digital-currency news site, Gyft stopped offering Wal-Mart gift cards on April 13. Gyft provides electronic gift card services for …

It may be headquartered in Leawood, Kan., but payment-services provider Euronet Worldwide Inc. looks abroad for most of its revenues. Thanks to a new deal with Wal-Mart Stores Inc., however, Euronet’s Ria unit is about to become a major force in domestic wire transfers. Bentonville, Ark.-based Walmart on Thursday unveiled …