Visa and Mastercard are the world’s premier networks for card transactions. Can they afford to rest content with that distinction? It’s safe to say that most readers of this story have spent most of their adult lives with plastic tokens branded by Visa or Mastercard in their wallet. The two …

Fiserv Inc. announced Wednesday an agreement to acquire, for an undisclosed sum, Ondot Systems Inc., whose technology includes so-called card controls, or tools that allow cardholders to switch usage on or off according to considerations of security or preferred usage. The deal is expected to close in the first quarter …

Cardtronics plc, a leading non-bank ATM deployer, has been tendered an offer by Hudson Executive Capital and Apollo Global Management for its outstanding shares of stock at $31 per share in cash.  Cardtronics, which operates more than 270,000 ATMs, has a less than 10% share of the global ATM business …

InComm Payments announced Tuesday that its Visa-branded Vanilla Gift Cards can now be downloaded to Apple Pay, Google Pay, and Samsung Pay mobile wallets, enabling the card to be used for contactless payments. It is the first open-loop Visa gift card to be supported on mobile wallets, InComm says. In …

Capital One Financial Corp. is barring all of its credit cards from being used for point-of-sale lending transactions, aside from the United Kingdom where buy now, pay later products are being reviewed for possible regulation. The move comes as overall buy now, pay later providers garner a lot of attention, …

With consumers shifting more of their transactions online due to the Covid-19 pandemic, criminals continue to target card-not-present transactions and step up their efforts to deceive consumers into giving up their account information, says Feedzai Inc.’s latest quarterly Financial Crime Report. The three leading factors contributing to the increase in …

The future of digital payments is being created now with the adoption of contactless payments, new digital transactions such as buy online, pick up in store, and reduced friction within the payments ecosystem. That’s the assessment in the “Future-Proof Payments: From the EMV Chip to a Fully Digital Future” report …

Credit cards historically have either been secured by a deposit or tied to a credit limit that remains fixed over time. On Friday, a Toronto-based payments-technology provider announced it is developing an unsecured card that comes with a credit line that varies with cardholder behavior. The Visa-branded Vert card, managed …

With the Covid-19 pandemic surging across most of the United States, sports and entertainment venue operators are looking for ways to convert cash transactions to cashless payments. In response, Atlanta-based InComm Payments on Wednesday announced the Jacksonville Jaguars organization of the National Football League is allowing consumers to exchange cash …

Payments facilitator-services provider  Infinicept on Tuesday announced it has received a new round of funding from Mastercard Inc. and MissionOG, a venture-capital firm specializing in financial services and software and co-founded by former Mastercard president and chief executive Gene Lockhart. The new funding round, the amount of which was not disclosed, …