The co-defendant in the Securities and Exchange Commission’s insider-trading lawsuit against former Heartland Payment Systems Inc. chief executive Robert O. Carr will pay $528,608 to the SEC under a settlement approved Thursday by a federal judge. Katherine M. Hanratty, described as Carr’s long-time girlfriend, neither admitted nor denied the SEC’s …

Fresh data indicates that most debit card transactions on mobile wallets—77%—are on Apple Pay. Coming from New York City-based Auriemma Consulting Group, which canvassed debit card issuers, the data also found that Samsung Pay and Google Pay accounted for 17% and 6% of transactions. Auriemma suggests one reason for the …

It’s no secret contactless payments have struggled in the United States, but less discussed is what needs to be done to boost usage. A paucity of dual-interface cards—EMV plastic that can either be inserted into terminals or tapped on them—is much to blame, but it turns out the answer goes …

The EMV liability shift for fuel dispensers may still be two years away, but some are not waiting to get their EMV-compliant products and services installed in convenience stores and fuel stations. Gas Pos launched a service Wednesday that puts EMV-compliant card readers in fuel dispensers and in stores, all …

In what may be a boon for ATMs, Visa Inc. will allow dynamic currency conversion for consumers using international ATMs beginning April 13, 2019, says Euronet Worldwide Inc. The Leawood, Kan.-based processor, which operates more than 41,000 ATMs globally, says the rule change enables acquirers and ATM operators to offer …

Separating probable success from probable failure, in four handy rules. Every October, the payments hype machine goes wild. A variety of next-great-things are about to dominate headlines and conference agendas. Most will die off quickly, so here are four rules you can use to focus in the right places: Talk …

Processors and acquirers are chasing integrated payments while also serving traditional, terminal-based merchants. Can they keep their balance? The biggest buzzword in payments today is “integrated.” While such payments—exemplified by point-of-sale software with an add-on payments capability that is supposed to be seamless to the user and the consumer—are not …

Not so long ago, mobile-payments enthusiasts were asking what ailed Apple Pay, Google Pay, and Samsung Pay. Now the Pays finally seem to be getting some traction, though their transaction market share is still minuscule. Is there hope for the Pays? After a summer of generally positive developments, the mobile-payment …

Speed is of the essence in e-commerce, which is why a recent report is welcome news for gateway providers. Omaha, Neb.-based research and consulting firm The Strawhecker Group says U.S. gateway operators have cut the average transaction time in half, to 1.6 seconds from 3.2 seconds only a year ago. …

We were just wrapping up this issue when word came of the proposed $6.24 billion monetary settlement of the big federal antitrust case that has, for more than a decade, pitted merchants against card networks and major banks. The deal, however, only settles the money question—how much merchants will get …