Its IPO finally done, the big processor looks to jump-start growth. Okay, it wasn’t a barnburner. But by completing a long-anticipated initial public offering of stock Oct. 14 that netted about $2.6 billion, First Data Corp. somewhat eased the burden of its $20.8 billion debt millstone. And it created more …

Apple Pay, Android Pay, and Samsung Pay aren’t products, they’re platforms. And that means they’re well set up to succeed, says Thad Peterson. With distribution of the needed functionality increasing on both the merchant and the consumer side, trial and usage will increase steadily over the next few years. The …

Just like law-abiding consumers, criminals hope to score good deals during the holiday shopping season. And luxury items and business services, such as hosting plans and search engine optimization, top their lists, finds an analysis by Forter, a San Francisco-based fraud-prevention specialist. In a report released on Monday, Forter analyzed …

Backers of ScramCard, a new universal card that offers consumers the ability to load multiple credit and debit cards onto one card, hope messages touting its potential security and fraud-mitigation benefits will reach welcoming ears. Like other universal cards, ScramCard enables consumers to load their payment card details onto the …

By John Stewart The annual holiday-spending frenzy is about to kick off, and if a consumer survey released on Monday is any indication, it will feature a lot more debit card and cash usage and a lot less mobile payment than you might have expected. Some 39% of consumers intend …

Veterans of the e-commerce, risk-control and payment card industries all have been predicting that fraudsters will turn their attention to card-not-present channels as the U.S. shifts to EMV chip card payments and thus makes counterfeiting at the point of sale harder to commit. Now a new study by ACI Worldwide …

American Express Co. is now marketing a set of tokenization, security, and mobile payments services under the AmEx Enabled Digital Solutions moniker. Included in the service is the card brand and acquirer’s digital-wallet platform, near-field communication (NFC) and host card emulation technology, the American Express Token Service, and American Express …

By Kevin Woodward It’s that time of year when shopper impatience tends to flare, especially when scores of consumers are waiting in long checkout lines. According to a new survey from merchant-services provider Harbortouch, many consumers are willing to try something new to alleviate their displeasure with lines. A majority …

By John Stewart In the wake of the arrival of EMV chip cards and ahead of the holiday shopping rush, the Shazam debit network has launched a mobile feature that lets cardholders disable their debit cards should they be lost or stolen. While networks like Discover Financial Services have advertised …

The payment card world is bracing for a spike in card-not-present fraud now that the U.S. is an EMV country. What’s to be done? The U.S. became an “official” EMV country Oct. 1 by virtue of its point-of-sale liability shift. As credit and debit cards with EMV chips and payment …