• Money transfer firm MoneyGram International Inc. said last week’s unsolicited $1 billion bid from Euronet Worldwide Inc., outdoing Ant Financial Services Group’s $880 million offer in January, meets the “company superior proposal” definition in the merger agreement with Ant. The determination means MoneyGram can further consider the Euronet offer. • Private-label and cobranded credit …

Rattle off a selection of payment trends—EMV, tokenization, fraud—and many e-retailers may be beset by apprehension. That’s especially true if the retailer looks to support emerging payment types, according to Matt Herren, director of payments analytics at Computer Services Inc., a Paducah, Ky.-based financial-technology provider. Herren, speaking at the Merchant …

When it comes to contactless electronic payment transactions, the U.S. payments industry seems to be more interested in using smart phones than plastic debit or credit cards. But other countries have gone the opposite route. In the United Kingdom, for example, spending on contactless cards reached a record £3.4 billion …

Just as they once issued proprietary plastic, retailers are introducing their own mobile wallets. But just how much consumer appeal do these apps have, and will they work equally well for all merchants? In the business of mobile payments, everyone is familiar with the trio of so-called Pays—Android Pay, Apple …

Host card emulation had a moment in the sun a few years ago as Google and banks geared up their mobile wallets. Since then, HCE’s adoption has widened even as its public profile has faded. What’s next for the technology? It just rolls off the tongue: “host card emulation.” As …

By Rick Oglesby @DTPaymentNews PayPal Holdings Inc. has always been an enigma. It’s not really a payment network, not really an independent sales organization or merchant acquirer, not really a wallet or a prepaid card issuer, not really a person-to-person payments solution, and not really a payment gateway. Yet, it …

Gulf Oil L.P. becomes the latest fuel retailer to offer its own mobile-payment app with the introduction Tuesday of Gulf Pay. The service, scheduled to be tested at some New England and New York locations in the first half of 2017, eventually will accept Mastercard Inc.’s Masterpass digital wallet. Further …

By John Stewart @DTPaymentNews Big markets like the United States and China have been boosting EMV chip card shipments for years, but now those two growth engines are sputtering. Worldwide contactless EMV. Currently, most EMV cards in the U.S. market require users to insert the card into a chip reader …

Leading payment processor First Data Corp. on Monday reported positive net income for the fourth quarter and all of 2016, a turnaround from losses for both periods a year earlier, but it’s still working to improve mediocre revenue growth in its merchant-acquiring business. Atlanta-based First Data posted net income of …

• President Donald Trump is poised Friday to order a review of the Dodd-Frank Act, which in addition to creating new bank regulations established the Consumer Financial Protection Bureau and the Durbin Amendment on debit interchange, The Washington Post reported. • Some observers believe fear of President Donald Trump’s plan to finance his proposed Mexican border …