Mastercard’s decision to remove the  signature requirement comes as authentication  measures improve in the payments industry.  But what comes next is still a huge question. As unique as signatures are, their value as a way of authenticating a credit or debit card transaction has long passed, a realization many consumers …

The United States seems to excel at developing new electronic payment systems, but it struggles with commercializing them. Oh yes, debit card payments are nearly universal now, but if you were following this business back in the ‘80s, when networks, banks, and merchants were looking at the matter of ATM …

Acquiring TIO Networks gives PayPal an all-important launchpad for reaching consumers underserved by banks. How will it leverage that asset? PayPal Holdings Inc.’s $233-million acquisition of Vancouver-based processor TIO Networks Corp., which was finalized in July, does more than make the digital-payments system an immediate player in the bill-payment market. …

Periodically in this space we comment on mobile payments. After all, we report on this technology pretty regularly both in this magazine and in our daily newsletter, Digital Transactions News. We do so because it seems likely that, sooner or later, most if not all digital payments will initiate from …

The Visa Inc. transaction machine continued to spit out profits in the payment network’s final quarter of fiscal 2017, but chief executive Alfred F. Kelly doesn’t want anyone to think he ignores competitive threats such as the rise of China’s Alipay or real-time payment services from other companies. “I think …

Despite obstacles, payment processors and fintechs increasingly are looking at cross-border e-commerce for high-growth opportunities. Go global. That’s the credo an increasing number of payment processors and financial-technology firms subscribe to as technology transforms cross-border commerce from yesterday’s luxury into an attainable option for consumers today. Researcher Talie Baker, a …

Popular with billers, but less so with consumers, electronic bill payment and presentment is enjoying a new lease on life thanks to mobile users. Since its introduction more than a decade ago, electronic bill presentment has been popular with billers eager to take advantage of the cost savings the technology …

PayPal Holdings Inc. made it clear on Thursday it isn’t done striking deals with banks and other payments companies. Only days after announcing a major partnership agreement with Samsung Pay, PayPal now says it will work more closely with JPMorgan Chase & Co. and the bank’s Chase Pay wallet. And …

A new survey from American Express Co. finds that 37% of consumers abandoned an online purchase because they have concerns about the security of the transaction. The 2017 American Express Digital Payments Survey, released Tuesday, also finds that, despite these concerns, 47% of consumers increased their e-commerce purchasing frequency in …

By Peter Lucas @DTPaymentNews With the launch of its Prime Reload rewards service, Amazon.com Inc. has positioned itself to deal a serious blow to bank card issuers’ revenues earned from interchange on Amazon.com purchases, and limit the visibility banks have into their cardholders’ behavior on the e-commerce giant’s Web site. …