Now that merchants have had their EMV D-Day, it’s the turn of ATM owners and petroleum marketers. The compliance picture isn’t pretty. Here’s why, and what ATM deployers, c-stores, and others can do about it. Another deadline for the great EMV migration has arrived. A year ago, U.S. merchants were …

With an abundance of smart-terminal options available, the question is, when will EMV-weary merchants be ready to deploy this newfangled technology? Emerging from the haze surrounding U.S. EMV merchant adoption, vendor strategies are taking shape aimed at supplanting traditional payment terminals with flashy platforms that promise access to rich ecosystems …

The effort to repeal the Durbin debit regulations ignores deeper issues in the U.S payments industry, including the problems created by a flawed pricing system. U.S. Rep. Randy Neugebauer, R-Texas, recently introduced H.R. 5465, a bill that would repeal the Durbin Amendment. This bill comes on the heels of many …

In the literature and in conversations about it, ransomware appears as a curious oddity on the canvass of cybercrime, a menace for which a healthy dose of cyber hygiene will serve as a satisfactory antidote. The standard advice is: “Watch for shady Web sites and phishy emails, and you will …

• The U.S. Supreme Court agreed to hear a challenge to a New York state law barring retailers from imposing credit card surcharges, Reuters reported. A federal appellate court upheld the law a year ago; nine other states have similar laws. • Online business lender Merchant Advance Capital said it …

In a break from the practice of most EMV chip card issuers, TCF National Bank reported this month that it will be issuing all of its customers’ debit cards with both contact and contactless capabilities. The bank, the principal subsidiary of Wayzata, Minn.-based TCF Financial Corp., said it will begin …

MasterCard Inc. and Visa Inc. reported Monday that online-payments specialist Stripe Inc. is using their instant-payment services to pay merchants such as ride-sharing service Lyft and other users of Stripe’s marketplaces. Stripe actually began offering what it calls Instant Payouts relying on the network services—Mastercard Send and Visa Direct—to merchants as …

  By Tom McCole, Mobile Commerce Strategy, Infinite Peripherals, Inc. Space: the final frontier. Well maybe we’re not talking outer space yet, but in-flight travel for sure. Infinite Peripherals’ (IPC) mobile iOS handheld devices are simplifying multiple duties on many of Earth’s commercial aircraft and at airport terminals as well. …

With a few exceptions, mobile wallets have so far held scant allure for consumers. Why is that, and what could change it? Most mobile-wallet managers don’t like to talk about it, but their products have a consumer problem—in that people who have the necessary smart phones just aren’t all that …

When Visa Inc. and MasterCard Inc. demonstrated their streamlined EMV technology at some West Coast groceries last month, the payments industry focused on the potential for speedier checkouts and happier cardholders. But another implication of Visa’s Quick Chip and MasterCard’s M/Chip Fast technology is that it could boost the number …