Wal-Mart Stores Inc. confirmed Friday that it will settle its lawsuit against Visa Inc. over EMV debit card transaction routing. That news comes one day after the two leaders in their respective industries settled lawsuits they filed against each other stemming from the massive and still-ongoing credit card interchange litigation …

A strong third-quarter earnings report helped lift shares of ATM network owner and operator Cardtronics plc by 4% Friday morning after they plunged 17% Thursday on news that Link, the ATM network in the United Kingdom—a key market for Cardtronics—floated a proposal to reduce interchange by 20%. Cardtronics, which has …

Encryption specialist Bluefin Payment Systems said it will provide encryption services to clients of payments provider Accepta LLC. A report from processor Fidelity National Information Services Inc. (FIS) found 25 real-time payments systems in operation globally, up from 19 last year and more than twice the number in 2013. Another …

Welcome to the murky world of bank card network fees, on which Visa and Mastercard make handsome livings. The fees reward investors, but what about acquirers and card issuers? Mastercard Inc. and Visa Inc. have become two of the most beloved companies on Wall Street since their initial public offerings …

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 Western Union Co. this week positioned itself to fend off competition from peer-to-peer payment services by partnering with Mastercard Inc. to integrate Mastercard Send into its money-transfer service. The service, which is expected to be available in only the United States starting in early 2018, will allow consumers to …

Zelle, the person-to-person payments service from bank-owned Early Warning Services LLC, added ACI Worldwide, CGI, D3 Banking Technology, and IBM to its list of processor and technology partners that enable their financial-institution clients to offer Zelle to consumers. Processor Fiserv Inc. said Regions Bank will offer digital money-movement services, including …

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 …

The Western Union Co. early next year will start allowing money transfers via Mastercard Send, a service that allows people to send money within seconds from a debit card to another person’s debit card, including non-Mastercard cards. Senders can also fund transfers with credit cards or bank accounts, but must …

Despite non-stop news reports about data breaches, Americans over the past year have gotten sloppier about their usage of passwords to protect their financial accounts online. That’s the word from research firm Aite Group LLC and Visa Inc., which recently announced results of their second annual Global Security Engagement Scorecard …