The newest market for payments may one day lie inside a more than 100-year-old machine: the car. Just as payments is evolving to incorporate watches and fitness trackers, so too are futurists looking at how payments might make the move to cars. Jacksonville, Fla.-based Fidelity National Information Services Inc. is …

By Jim Daly Canada’s Finance Minister, Joe Oliver, on Monday issued an update to the government’s 5-year-old Code of Conduct for the credit and debit card industry. The update adds consumer protections, addresses the growth of mobile payments and premium cards, and makes other changes intended to give merchants more …

Right now, all eyes are on the next six months.  But what about after the liability shift?  What happens then? Whether or not any particular merchant is ready for EMV by Oct. 1, payments executives are figuring on two things as pretty much sure bets after that date. One is …

Mobile point-of-sale service developer CardFlight Inc. will make an EMV chip card-compatible mobile POS reader available in the second quarter, in anticipation of the Oct. 1 liability shift. That’s the date card fraud at the point of sale is scheduled to shift to the party least prepared for it. The …

A near-doubling of attempted wire-transfer fraud and strong corporate support for the chip-and-PIN variety of EMV card payments are among the highlights of the latest payments-fraud study from the Association for Financial Professionals. The recently released study by the Bethesda, Md.-based AFP, an association of corporate treasury managers and finance …

Ever since its launch, proponents of Apple Inc.’s Apple Pay mobile-payments service have touted the wallet’s high-tech security features, including tokenization of card credentials, a secure element in the phone locking down those credentials, and fingerprint authentication. But now, only four months after that much-heralded launch, banks that support Apple …

  Consumers wielding multiple credit and debit cards in their wallets have yet another service to use to consolidate them into one electronic payment card. Stratos Inc. on Tuesday introduced its Stratos Bluetooth Connected Card that enables consumers to load multiple cards onto the electronic device. The card begins shipping …

Funding is pouring into payments technology at a furious rate. Now startups and established firms alike are wondering: How long can it last, and what’s the long-term impact? If one thing is certain about the six years or so that have passed since the financial crisis, it’s that nobody can …

For years, merchants like Amazon.com Inc. and Apple Inc. have streamlined online payments by letting consumers charge stored credit cards with a single click, using a technique called card on file. Now, a similar concept is coming to carrier billing, the payment method used by merchants to charge online purchases …

Counterfeit fraud on Canada’s Interac debit cards fell 45% to a record low in 2014, and 80% of the fraud happened outside of Canada, according to new figures from Toronto-based Interac Association. The five-year slide in skimming-related fraud coincides with the rise of EMV smart cards in Canada as well …