Jolted by some shocking failures over the past several months, the mobile-acceptance market is fast shedding its early euphoria. What are the prospects for mPOS now? As boardroom dramas go, it seldom gets more compelling than this. In February, news suddenly emerged that Powa Technologies Ltd., a high-flying London-based startup …

With its enforcement action against Dwolla Inc., announced early last month, the Consumer Financial Protection Bureau made plain it is expanding its writ to include data-security practices and putting digital-payments startups in its cross-hairs. The ripple effect could reach a number of payments providers if they are incautious about data …

• Dissident shareholder Harvest Capital Strategies LLC, owner of 7.8% of prepaid card provider Green Dot Corp., nominated three director candidates for election at Green Dot’s upcoming annual shareholder meeting. Green Dot issued a statement saying it had recently offered Harvest Capital the opportunity to appoint one director immediately and …

  The U.S. payments industry’s transition to EMV chip cards has produced a number of side issues, but few may be more pressing for card-not-present merchants than the failed authorizations caused by the ongoing replacement of as many as 1.6 billion credit and debit cards. The new EMV cards carry …

Multilane retailers provided much of the revenue lift that payment-acceptance hardware and software provider VeriFone Systems Inc. has enjoyed for the past couple of years as the U.S. prepped for the Oct. 1, 2015, EMV liability shift, but many of the big retailers have now completed their EMV purchases. Yet …

The automated clearing house network’s strong growth run continued in 2015’s fourth quarter, exceeding 5% for the fourth quarter in a row. ACH governing body NACHA recently reported that total network volume hit 4.98 billion transactions, up 5.5% from 4.72 billion in 2014’s fourth quarter. While strong, the growth rate …

  With its enforcement action against Dwolla Inc., announced on Wednesday, the Consumer Financial Protection Bureau made plain it is expanding its writ to include data-security practices and putting digital-payments startups in its cross-hairs. The ripple effect could reach a number of payments providers if they are incautious about data …

An exclusive coterie of card networks runs the business of issuing and managing payment tokens. But that elite club soon may have more members. Looking for a business with growth opportunities? Look no further, ladies and gentlemen, than at the business of the token service provider. A sexy business? Definitely …

It’s common for consumers who use a recurring service to designate a credit or debit card that the service provider can charge for amounts that may differ from month to month. With the automated clearing house, this is much less common. Dwolla Inc. says that’s because it’s too difficult and …

By Jim Daly An exclusive coterie of card networks runs the business of issuing and managing payment tokens. But that elite club soon may have more members. Looking for a business with growth opportunities? Look no further, ladies and gentlemen, than at the business of the token service provider. A …