Wave-and-pay flopped when issuers tried it 10 years ago with mag-stripe cards. Now it’s staging a comeback with EMV and mobile payments. The sequel just might be better than the original, but showtime is uncertain. After years of false starts and overenthusiastic hopes, the U.S. just might be about to connect …

As financial institutions move beyond mag-stripe payment cards, they face a crucial question: should we support mobile wallets, and if we do, should we also issue contactless cards? In the eyes of at least one observer, the answer is an unequivocal “yes” and “yes,” even though the former would seem …

With about 18 months of experience with contactless debit cards under its belt, TCF Financial Corp. says it’s all-in for so-called dual-interface cards and mobile payments as the number of U.S. merchant locations accepting contactless payments continues to grow. The Wayzata, Minn.-based company’s TCF Bank began supporting the major mobile …

The newbie bank-controlled Zelle person-to-person payments service already is a major player on the P2P scene, but it could win even greater adoption through clear messaging, a mobile-first orientation, more emphasis on its underutilized request feature, and an appeal beyond Millennials. Those and many other recommendations and observations are included …

Point-of-sale equipment maker Ingenico Group announced a PIN-on-glass product suite that includes a secure card reader and a back-end verification service. Payments provider SignaPay Ltd. announced two new products, the PayHub Plus Payment Gateway and the PayLo Mynt POS System, which offers a variety of customized point-of-sale software packages. In …

Despite concerns that the federal government will crack down on state-sanctioned marijuana, a small band of payment providers is working to cash in on an exploding industry. It’s no wonder that legal marijuana merchants, and their banks, have been feeling of lot of angst in 2018. In only a matter …

Sweden’s Klarna Bank AB enjoyed a good year in 2017, as documented by results the privately held online-checkout and financing specialist released on Wednesday. The firm, which was founded in 2005 and has operated a U.S. unit, Klarna Inc., since 2015, had already achieved distinction by ranking third among so-called …

NthCard LLC, a prepaid gift card processing and distribution firm, launched nthPOS, an app for Android, iOS, and Windows 10 devices that enables merchants to activate, redeem, and reload gift cards using a mobile phone or tablet. Fraud-management vendor Giact Systems LLC announced it and Advanced Fraud Solutions are offering a …

Capping an eventful week for cryptocurrencies, Bitcoin is now trading above $11,000 for the first time in three weeks. Even more important, the fees its users must pay when they spend Bitcoin—which had soared into the stratosphere in recent months— have crashed back to earth, according to data available Monday …

The stock market may have tumbled this week, but cryptocurrencies are enjoying a generalized comeback. All of the 10 largest currencies by market capitalization are up since early in the week, with third-ranked Ripple’s XRP token surging 20% just since late Thursday to lead the pack, according to Coinmarketcap.com. It …