The payment card world is bracing for a spike in card-not-present fraud now that the U.S. is an EMV country. What’s to be done? The U.S. became an “official” EMV country Oct. 1 by virtue of its point-of-sale liability shift. As credit and debit cards with EMV chips and payment …

Square Inc.’s official filing to go public means it will soon exit an exclusive club that’s becoming less exclusive by the month: the so-called unicorns, or privately held companies that are worth $1 billion or more. There are 143 such companies now, up from 123 in early August. Indeed, more …

Just as Visa Inc. prepares to swallow up the 38-country Visa Europe system, at least one market researcher has released a report expressing some doubt about how long Visa and its bank card rival, MasterCard Inc., will be able to maintain their share of card-accepting merchants around the world. On …

To Justin Bigham, head of consumer product management at regional bank holding company First Niagara Financial Group Inc., the answer to the question of whether chip credit cards based on the EMV standard should have PINs isn’t hard to figure out. Just ask consumers. The 390-branch firm plans to convert …

2015 is the year of EMV, as much for the various ways chip cards are causing anxiety for the payments business as for their putative benefits. But a host of other issues is keeping payments executives awake these days, as well. Well, it seemed like a good idea at the …

  If consumer adoption of mobile payments is going to break past its current low rate, purveyors of the services will have to find new ways of making m-payments faster and more convenient to use, and attractive for merchants to accept. That’s the assessment from Derek Francom, director of PayPal …

Samsung Pay, the mobile-payments service from Samsung Electronics Co. Inc., has added 14 Visa-MasterCard payment card issuers. In addition, Verizon Wireless, the holdout mobile carrier that was absent from Samsung Pay’s launch a month ago, is now supporting the service, a Samsung executive said Wednesday. “We’re expanding our ecosystems,” Thomas …

  A new mobile-payments service that includes loyalty and rewards has launched with the goal of providing retailers with a single source of mobile engagement with their consumers. Dubbed OmnyPay, the service is just one of the many announcements made this week at the annual Money 20/20 conference in Las …

VeriFone Systems Inc. on Thursday introduced a new point-of-sale terminal product line that embraces design cues from consumer electronics. With the new terminal line, VeriFone also introduced its first app store. Dubbed Engage, the series of six devices, which includes two countertop terminals, two PIN pads, and two portable devices, …

For merchants these days, laying hands on a payment terminal with the needed EMV certifications is hard enough. Finding a certified device with built-in intelligence is even harder. Against that backdrop, a Palo Alto, Calif.-based startup called Poynt Co. on Thursday announced its Poynt Smart Terminal is the first such …