Concepts like tokenization, biometrics, and secure e-commerce have attracted much attention in recent years, and in the past couple of days the nation’s two major payments networks have moved to bring that concept closer to reality for online payments. Visa on Thursday announced a deal with Netflix Inc. to expand …

The average ATM surcharge increased this year for the 14th year in a row, but ATM foreign fees eased a bit, according to Bankrate Inc.’s latest annual study of ATM and checking account fees. New York City-based Bankrate says the average surcharge is now $3.02, up 5 cents, or 1.7%, …

The Federal Reserve on Wednesday unveiled a proposal to facilitate real-time settlement of faster payments. The Fed said it is not committed to any specific action on its plan, but banks and private-sector payment processors are watching for any infringement on their turf. “Over the past year, we have undertaken …

Not so long ago, mobile-payments enthusiasts were asking what ailed Apple Pay, Google Pay, and Samsung Pay. Now the Pays finally seem to be getting some traction, though their transaction market share is still minuscule. Is there hope for the Pays? After a summer of generally positive developments, the mobile-payment …

Once a novelty, data-breach insurance has quickly become a must-have. It won’t offset all the expenses associated with a cyber attack, but it can ease a lot of pain. There is one inescapable truth for any company that handles consumer data: At some point, they will be targeted by hackers …

The business of getting merchants to accept cryptocurrencies like Bitcoin has started to attract independent sales organizations and payments-tech firms alike, and now Square Inc. has jumped in with a proposed service that some experts say could help the payments-technology powerhouse grab a share of online volume. The U.S. Patent …

Best known as an online payment processor, Adyen N.V.’s point-of-sale processing volume in 2018’s first half more than doubled in a year, the Amsterdam-based firm reported Wednesday. In its first earnings report since its June initial public offering, Adyen, which has U.S. headquarters in San Francisco, reported processed volume of …

With First Data Corp.’s stock on the rise, KKR & Co. Inc., the investment firm that controls most of the payment processor’s voting shares, is planning a secondary stock offering that will reduce its stake but still leave it firmly in control. First Data announced Monday that an affiliate of …

More than 252 million iPhone owners globally use Apple Pay, a figure that equates to 31% of the active iPhone base, says Loup Ventures, a Minneapolis-based venture-capital firm. A year ago, the figure was 25%. That growth mostly is coming from international consumers, who Loup Ventures says account for 85% …

Issues like price volatility, pokey transaction times, and sheer reputational risk have left many processors and independent sales organizations on the sidelines when it comes to cryptocurrency acceptance. Many, but not all. The latest entrant, and the largest so far, in this nascent market is Payroc LLC, which later this …