Card-not-present fraud isn’t the only looming threat for payments providers and merchants. Account-takeover losses are also set to take off. As criminals find it easy and affordable to use the Internet to obtain millions of pieces of personally identifiable information about consumers, the prospects of greater fraud overall are …

We haven’t heard a whole lot lately about beacons, those small transmitters merchants were supposed to station in their stores to beam offers out to customers as they were passing by or browsing in the aisles. So we decided to run a story this month on the matter to see …

Card-not-present fraud isnäó»t the only looming threat for payments providers and merchants. Account-takeover losses are also set to take off. As criminals find it easy and affordable to use the Internet to obtain millions of pieces of personally identifiable information about consumers, the prospects of greater fraud overall are high. …

We havenäó»t heard a whole lot lately about beacons, those small transmitters merchants were supposed to station in their stores to beam offers out to customers as they were passing by or browsing in the aisles. So we decided to run a story this month on the matter to see …

Consumers using mobile-banking sites or apps make only sporadic use of their ability to pay bills, send money to other individuals, or load a prepaid card, finds new research from Javelin LLC, a Pleasanton, Calif.-based payments-research firm. In the “2015 Mobile Banking, Smartphone, and Tablet Forecast” released Tuesday, Javelin found …

In the face of reports of generally mediocre mobile-wallet usage, a report issued this week indicates the picture may brighten soon. Thirty-nine percent of consumers have used a mobile-payments service in a store within the past year, and 73% of these have done so just within the past three months, …

  ISOs trying to figure out what kind of gear to sell small businesses are discovering the first step toward wisdom involves educating their merchants. Until a couple of years ago, marketing messages for new point-of-sale equipment did not have to focus much on the technology, other than to say …

As 2015 drew to a close, it became clear that the business of creating and processing tokens in place of actual card credentials has hit the big time. Three of the major general-purpose card networks—American Express Co., MasterCard Inc., and Visa Inc.—have now created so-called digital-enablement services that handle token …

Not long after Wal-Mart Stores Inc. shook the industry last month with its announcement that the chain plans to roll out its own mobile-payment service, questions arose about its commitment to Merchant Customer Exchange LLC (MCX), the mobile-wallet consortium that Wal-Mart helped launch three years ago. Starting in December, Wal-Mart …

Ever since the launch of Apple Pay more than a year ago, mobile wallets have followed a pattern of recruiting financial institutions to enable their network-branded credit and debit cards to work in the wallet apps. But with their proprietary cards, retailers are getting in on this action, as well, …