Ingenico S.A. will buy part of point-of-sale terminal maker Hypercom Corp.’s U.S. assets as VeriFone Systems Inc. prepares to complete its acquisition of Hypercom under a deal the companies announced Monday. France-based Ingenico also installed the head of its Australian unit, Thierry Denis, as its new North American president. …

More than eight months after it introduced same-day settlement for automated clearing house transactions, the Federal Reserve has attracted only a handful of banks for the service. “It’s been a long struggle,” Steven Cordray, retail payments project manager at the Atlanta Fed’s Retail Payments Office tells Digital Transactions News. Speaking …

Acquiring Peter Lucas The low margins earned on vending-machine sales have historically worked against card acceptance. But now, with evidence of a sales lift from cards, processors and gateways are pushing into vending harder than ever. It’s a frequent scenario: A family is out for fun at an amusement park. …

Cover Story Transaction volumes are rising as NACHA executes on an ambitious agenda of new payments initiatives. Can everything  the ACH network’s governing body  wants come to pass? By Jim Daly Think you’re busy? Of course you are, but the folks at NACHA, governing body of the automated clearing house …

E-Commerce Peter Lucas Gateways have always had to reinvent themselves. Now, with e-commerce returning to double-digit growth and mobile payments poised for takeoff, they have to do it again—and this time with more competition than ever. Since their inception about a decade ago, gateways have marketed value-added services, such as …

Opinion & Analysis Steve Mott Banks and card networks argue Durbin and other recent regulation will hurt small banks and consumers. But take heart, the sky will remain firmly in place. The cries of anguish from the banking industry and from the payments players that live off banking’s traditional revenue …

Endpoint What gives? The global payment card networks are attempting to gain closed-model benefits while remaining open. Vertical integration and emerging players are redrawing the traditional boundaries between networks and other payments players. It can be confusing, but it will ultimately add value to the business, says Eric Grover. Eric …

Mobile payments may be a nascent business fraught with uncertainty, but Starbucks Coffee Co. seems to have found a key to success. Last week, the company revealed that more than 3 million transactions have taken place on its smart-phone-based prepaid payments system, which became available in all U.S. company-owned stores …

Overwhelmed by the volume of comments it received, Federal Reserve Board Chairman Ben S. Bernanke on Tuesday said in letters to Congress the Fed would miss Congress’s April 21 deadline to have issued final debit card interchange and network regulations. Bernanke, however, said the Fed still plans to meet the …

PayPal Inc.’s move into the physical point of sale is likely to involve handset-based services that make shopping and buying easier for consumers rather than a direct assault on the checkout counter, according to one expert who follows electronic payments. PayPal will most likely integrate its payments platform with applications …