Three key use cases could dramatically improve rewards programs, user authentication, and supply-chain management. Blockchain is a changing business model for the banking industry, supporting the sharing of value between and among multiple companies to their mutual benefit. While the industry may be enamored of developments on the crypto­currency front, …

Backed by cloud-based networks, tablet POS systems scramble to find the preferred configuration for merchants. Eight years on, the notion of tablets as the future of point-of-sale systems can be dispelled. Specifically, the form factor is not the critical element in the ascendancy of POS systems and how they connect …

ATM manufacturer NCR Corp. said it integrated AFS TrueChecks, a service from Advanced Fraud Solutions for preventing check fraud, into its platform for interactive teller machines. Shift4 Payments announced an integration with Megasys Hospitality Solutions, developer of the Portfolio HMS software application for lodging businesses. AvidXchange, a startup providing payment-automation …

Payment volume through biller-direct Web sites continues to grow at the expense of bank bill-pay sites, according to new findings from Boston-based Aite Group LLC. Some 73% of the online bill payments made by consumers in 2016 went through biller-direct sites, up from 62% in 2010, according to Aite. Meanwhile, …

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 …

The fraud-fighting tools of the future for e-commerce retailers include artificial intelligence, multimerchant velocity checks, and fingerprint identification, according to a poll of 166 merchants for the Federal Reserve Bank of Minneapolis. None of those newer tools is in widespread use today, but more merchants plan to use them going …

Dutch payments processor Adyen N.V. is in the limelight just as the payments business has gotten hot. Ant Financial just raised the biggest private funding round ever—$14 billion at a $150 billion valuation, in part on the back of its Alipay unit. These are new and nontraditional entrants. The old …

A survey from The Fraud Practice LLC, commissioned by Kount Inc., found that Apple Pay acceptance among a group of almost 600 merchants decreased to 35% from 48% a year earlier. Google Pay acceptance dropped from 38% to 25%. Support for near-field communication, the wireless technology that enables Apple Pay and …

As legislatures eye geysers of tax revenue in the wake of the May 14 Supreme Court decision leaving legal sports betting up to each state, officials wondering how much that haul could be are looking to Nevada. It’s the only state that permits wide-open wagering on a full menu of …

Investors jumped on shares of Netherlands-based payment processor Adyen Wednesday after the company priced its initial stock offering on the high end of its expected range at €240 ($282.48) per share. As of late morning Eastern time, the stock had more than doubled to €480.30 ($565.31) per share, prompting talk …