Standards body EMVCo has developed guidelines on how the travel industry can provide data to payment card issuers to better verify the authenticity of an e-commerce transaction using current authentication processes. The guidelines are an extension of EMVCo’s 3-D Secure messaging protocol.The number of data breaches in the United States dropped by approximately one-third in the …

E-commerce spending in the United States surged 93% in May, compared to May 2019, according to Mastercard Inc.’s SpendingPulse data service.Installment-payment technology provider Splitit Payments Ltd. said it signed a multiyear deal with Mastercard Inc. to provide access to Splitit’s installment options through Mastercard’s merchant network. Split and Mastercard also plan to jointly …

ACI Worldwide Inc. said its real-time payments platform, UP Immediate Payments, has added application programming interfaces to ease integration with mobile wallets, e-commerce portals, bill-pay apps, social-media payments, and other applications.Payments provider Klarna AB said it has an agreement with musical-instrument maker Fender to provide a payment option offering four equal installments on …

With the U.S. House of Representatives expected to sign off Friday on a $2 trillion stimulus bill in the face of the Covid-19 pandemic ravaging the United States, some payments executives are focusing on how to get a share of that cash into the hands of the country’s underbanked and …

The release date for the Federal Reserve’s planned FedNow real-time payments service is still three or four years off, but more details about its features will be released in the coming months, according to a Federal Reserve official. “This year we do plan to make an announcement based on … …

Ajay Banga, chief executive of Mastercard Inc. for the past decade and the strategist who converted what had been mostly a consumer card network into a player in non-card and real-time payments, said Tuesday he will step down Jan. 1 as CEO. He will then assume the role of executive …

Visa Inc. and Mastercard Inc. have made it plain in recent years they’re interested in something much bigger than card payments. A few weeks ago, Visa underscored its own determination to be the network for the world’s payments economy by announcing it will lay out fully $5.3 billion to buy …

British telecommunications giant Vodafone Group Plc has become the latest Libra participant to withdraw from the controversial digital-currency project initiated by Facebook Inc., Reuters reported. Other early participants that have withdrawn include Visa, Mastercard, PayPal, Stripe, and eBay.With an eye on expanding its Bitcoin services, merchant processor Square Inc. said it is developing what it calls …

Across multiple industries, workers and consumers are increasingly looking for right-now funding. Businesses that want to thrive will have to meet that expectation. In a world where instant gratification is king, Freddie Mercury’s famous lyrics have never rung truer: “I want it all, I want it all, I want it …

On Track Innovations Ltd., a provider of payments technology based on near-field communication, announced it raised $2.5 million in a private placement of shares.Digital-banking and payments-processing technology provider i2c Inc. launched a mobile app and cardholder Web site it says are designed to help persons who have color-blindness conduct digital banking.TriumphPay, a …