Now that merchants have had their EMV D-Day, it’s the turn of ATM owners and petroleum marketers. The compliance picture isn’t pretty. Here’s why, and what ATM deployers, c-stores, and others can do about it. Another deadline for the great EMV migration has arrived. A year ago, U.S. merchants were …

In the age of the payment facilitator, merchant-vetting practices are taking on an even bigger role. As the payment-facilitator model develops and finds favor among a new set of companies offering payments services to merchants, it shares one age-old element with traditional merchant services. That is the need to check …

With an abundance of smart-terminal options available, the question is, when will EMV-weary merchants be ready to deploy this newfangled technology? Emerging from the haze surrounding U.S. EMV merchant adoption, vendor strategies are taking shape aimed at supplanting traditional payment terminals with flashy platforms that promise access to rich ecosystems …

There have been some successes, but loyalty programs tied into mobile-payment systems are still few and far between. What will it take to strengthen the relationship? When you think of loyalty programs seamlessly integrated with mobile payments, only two examples loom large in the minds of the public and many …

The effort to repeal the Durbin debit regulations ignores deeper issues in the U.S payments industry, including the problems created by a flawed pricing system. U.S. Rep. Randy Neugebauer, R-Texas, recently introduced H.R. 5465, a bill that would repeal the Durbin Amendment. This bill comes on the heels of many …

By the time you read this, the nation’s automated clearing house network will have been processing same-day credit settlements for a little more than a week. That may not sound revolutionary, but in many respects, it is. For one thing, the ACH has speeded up clearing time pretty significantly. Credit …

In the literature and in conversations about it, ransomware appears as a curious oddity on the canvass of cybercrime, a menace for which a healthy dose of cyber hygiene will serve as a satisfactory antidote. The standard advice is: “Watch for shady Web sites and phishy emails, and you will …

It was a surprise, but then again, it wasn’t. Leading U.S. point-of-sale terminal maker VeriFone Systems Inc. on Sept. 1 reported its second straight quarter of disappointing sales of EMV chip card equipment to small and mid-sized businesses. Less than a week later, VeriFone’s archrival, France-based Ingenico Group, reported a …

As the automated clearing house network gets set to start a process that will over time speed up all ACH credit and debit transactions to same-day settlement, the ACH’s governing body late this summer took an important step toward controlling the risk posed by certain non-bank players that stand between …

With malware and hacker attacks on payment card-accepting devices increasing in sophistication, the PCI Security Standards Council last month announced updated rules for protecting such devices. “The updates are designed to stay one step ahead of criminals who continue to develop new ways to steal credit and debit card data …