Linda Punch With law enforcement’s spotlight on Bitcoin and other digital currencies, a startup called BitMint hopes its approach will inject much-needed trust into the business. Developers of digital currencies are struggling to find the right mix of features to win over a mass market. One of the latest efforts …

Mitchell Cobrin Americans like a sure thing, which is not proving helpful when it comes to figuring out chip card deployment. Better to identify promising markets, like m-commerce, and recruit partners with expertise. EMV technology, or the point-of-sale payment protocol based on Europe’s Europay-MasterCard-Visa card system, has arrived on U.S. …

Europay-MasterCard-Visa (EMV) chip cards have entered the classic phase of huge percentage growth from a very small base, according to new U.S. figures from Visa Inc. The leading network this week reported that American financial institutions had issued 3.5 million Visa-branded EMV cards as of March 31, an increase of …

  The fledgling Chase Merchant Services operation may now have a boss, but that doesn’t mean the considerable industry curiosity about the JPMorgan Chase & Co. payments unit is going to be quenched any time soon. Chase officials, beginning with newly appointed CMS chief executive Mike Passilla, are playing it …

  IP Commerce Inc., a 9-year-old Denver-based company that provides platforms for independent software vendors (ISVs) and other payments developers, will discontinue its front-end payment-processing service effective June 30, according to a notice on the home page of the company’s Web site. The company began notifying clients earlier this month, …

  The rhetoric spewing from partisans on both sides of the massive credit card interchange-litigation settlement is heating up as a major deadline in the 8-year-old case approaches. May 28 is the last day the court overseeing the case will let merchants opt out of their share of monetary damages …

  Google Inc. released a trio of announcements on Wednesday concerning its Google Wallet mobile-payments application, but even taken together these did not add up to the major overhaul of the product that Google promised last fall. Google’s news included: a Wallet-based person-to-person payments service that works with Gmail, Google’s …

  Google Inc.’s apparent decision to abandon its plan to launch a plastic card as part of its Google Wallet service is yet another sign of how major mobile-wallet players from outside the payments business are struggling to find a winning strategy, sources tell Digital Transactions News. News of the …

  Mobile devices may be making it easier for consumers to shop anywhere online, any time, but high shopping-cart abandonment rates are preventing them from cashing in big on this new sales channel. A recent survey by payments-and-authentication- services provider Jumio Inc. reveals that two-thirds of respondents attempting to make …

  n Mobile payments remains a fragmented business with established financial-services players battling it out with startups and telecommunications giants. And progress for near-field communication (NFC), a snazzy, two-way contactless technology that once promised to revolutionize mobile payments, is still coming with painful slowness, according to the paper. n While …