Financial-services processor Fiserv Inc. announced it has acquired real-time payments provider Dovetail Group Ltd. Terms were not announced. Payments provider Spectrum Payments said it joined the National Rural Health Association as a pipeline partner, enabling it to offer merchant services to association members. Blockchain technology firm BTCS Inc. said it has signed a non-binding letter of intent …

A number of daunting challenges face the U.S. payments industry as it sets out to make speedier transactions available everywhere in the country within three years, according to a report released this week by Aite Group, a Boston-based consulting firm. Among these challenges are the absence of an industrywide mandate …

The international financial-messaging service SWIFT is set to offer a gateway for U.S. financial institutions to link to a real-time payments facility offered by The Clearing House, a payments company owned by major U.S. banks. Team One Credit Union, a Michigan financial institution, has added Bukoski Agency, a fuel retailer, to its …

As merchants and payments processors wrestle with linking e-commerce transaction data with data generated from in-store payments, vendors are starting to offer products to ease that connection. An early player is Creditcall Ltd., which on Monday introduced software that allows processors to combine data streams from a merchant’s online and …

Now that the Federal Reserve-sponsored Faster Payments Task Force has issued its final report calling for speedier payments everywhere in the United States by 2020, the really hard work can now begin, say some observers. Payments cleared and settled in near real time has long been a goal of many …

The Federal Reserve on Friday is releasing a report that calls for all American consumers and businesses to have, by 2020, the ability to receive faster payments. The ambitious goal is included in the final report of the Faster Payments Task Force, a Fed-sponsored group of more than 300 industry …

Some 19% of consumers participating in a recent survey said they have made a product purchase through Amazon.com Inc.’s Echo or a similar voice-controlled device within the past year. The finding is noted in the Future of Retail 2017 report from Chicago-based Walker Sands Communications, a digital marketing services and …

The Fed’s task force has made a lot of progress, and on some fronts the results look promising. So why does it seem like the creation story of Visa and Mastercard all over again? It has been a long time since the initial Faster Payments discussions in 2013, and one …

By René Pelegero The Fed’s task force has made a lot of progress, and on some fronts the results look promising. So why does it seem like the creation story of Visa and Mastercard all over again? It has been a long time since the initial Faster Payments discussions in …

First Data Corp. is hoping that its scale—it says it processes more than 2,800 transactions per second coming from more than 6 million merchants—will give its new Fraud Detect service an edge in thwarting fraudulent transactions. Announced Thursday, Fraud Detect uses artificial intelligence and machine learning, fraud scoring, cybersecurity intelligence, …