The switchover of gasoline stations in the United States to the EMV chip card standard has been a work in progress, but now products are emerging that can secure card data at the pump through a technology known as point-to-point encryption. Payments provider ACI Worldwide Inc. early Tuesday said it …

Inspire attracts C-level and VP-level executives plus future leaders from VAR, software developer, hardware vendor, and IT distributor organizations who serve the retail, restaurant, grocery, and cannabis verticals. The past two Inspire events – 2019 in Sanibel, FL and 2020 in Nassau, Bahamas – attracted the most VAR leaders in …

The risk of being defrauded by online sellers is a major concern for consumers this holiday-shopping season, according to a survey by Socure Inc., a provider of identity-verification and fraud-detection technology. And consumers are poised to blame not just the fraudulent sellers, but the marketplaces that host them, the survey …

Consumers have flocked to buy now, pay later services, but providers still have to find ways to stand out. Afterpay Ltd. hopes to do that by enabling consumers who have a Rakuten account to earn cash back in the Rakuten program. Announced Monday, the Afterpay program enables Afterpay users who also …

PSD2 won’t solve fraud completely. Here’s why—and what U.S. online merchants should do. In the United States, e-commerce has surged due to the maturity of companies’ digital platforms, innovative payment models, and the ongoing impact of the pandemic. U.S. e-commerce sales are expected to reach $933.3 billion in 2021, representing …

Advanced technologies and open banking have rewritten the rules for success in payments and other crucial financial services. Here’s how to compete—and win. Yes, the future of financial services is digital. But so is the present. Increasingly, traditional institutions, fintechs, and service providers are coming together like a set of …

The hype around Apple Pay, Samsung Pay, and Google Pay has quieted considerably. But that doesn’t mean the three big wallets are sitting still. When the so-called Pay wallets—Apple Pay, Samsung Pay, and Google Pay—launched in 2014, 2015 and 2018, respectively, they did so to great fanfare. At the time, …

Real-time payments have proven value for many payment needs. Now, experts are looking at mining the potential for real time at the point of sale. The technology to enable real-time payments at the point of sale is available today. But many questions remain: Are consumers ready? Are merchants ready? Is …

Cyber Monday 2021 is in the books, and a number of lessons have emerged from the biggest online-shopping day of the year regarding how consumers are spending. They didn’t use their mobile phones as much as expected, buy now, pay later picked up some momentum, and inflation asserted itself in …

Strong early holiday spending slightly curtailed consumer spending over the Thanksgiving weekend, according to reports from Adobe Inc. Consumers spent $4.5 billion online on Saturday, down 4.3% from a year ago, and $4.7 billion online the following day, down 0.5% from the same period a year ago. But Adobe is predicting consumers will …