Consumers continue to pay higher fees for out-of-network ATM transactions, but have more access to free, non-interest checking accounts, says Bankrate Inc.’s annual survey of checking-account fees. Combined surcharges levied by ATM deployers and a consumer’s own bank total $4.57, up 5 cents, or 1.1%, from a year ago, a …

A year into the migration to EMV chip cards, most consumers—83%—still are unsure of whether to dip or swipe their chip-enabled credit or debit cards at the point of sale. That statistic comes from a survey of 1,000 U.S. consumers commissioned by payments specialist Cayan LLC and conducted by Research …

While the payments business is caught up these days in working out strategies for mobile apps and social media, it turns out these aren’t the cutting-edge technologies they once were. Instead, fields like virtual reality, machine learning, and natural language are winning the spotlight. That’s according to a study that …

By John Stewart @DTPaymentNews If the payments industry is expecting a sharp rise in online fraud, it can stop holding its breath. It’s already happening, and with the official holiday-shopping season getting under way, it’s going to get a lot worse. Yet, just as attacks are growing more numerous, funding …

• Boosted by its November 2015 acquisition of software developer SunGard, processor Fidelity National Information Services Inc. (FIS) reported third-quarter revenues of $2.31 billion, up 46.2% from a year earlier. Revenues grew 3.8% on an organic basis. • Co-Op Financial Services said it will provide its online bill-payment application to …

By Jim Daly@DTPaymentNews The new version of the 3-D Secure online-authentication technology is better for merchants and consumers and thus likely to get more adoption than the old version, according to security experts. EMVCo, the chip card standards body owned by the world’s six leading payment card networks, released 3-D …

By John Stewart @DTPaymentNews Alphabet Inc.’s Android Pay mobile wallet made some headlines recently with the company’s announcement that the app would be available to Masterpass and Visa Checkout users for Softcard mobile-payments venture managed by leading telecom companies. Smart Tap is available now in all U.S. Walgreen’s stores as …

• RYDE Technologies Inc. launched an overhauled version of its ride-hailing app RYDE, first launched last year to compete with Uber and Lyft. As with other such apps, RYDE processes payments in the background against a stored card, summons taxicabs and black cars rather than private vehicles. • The Bancorp Inc., …

By Jim Daly@DTPayment News Most of the chatter about how the debit card market has changed in the five years since the Durbin Amendment took effect centers on what market leader Visa Inc. is doing, or how the electronic funds transfer networks are maneuvering to stay alive and grow. But …

• Early Warning Services LLC, a fraud-management company, announced an alliance with NuData Security that enables Early Warning to use behavioral analytics and risk assessment as part of its authentication platform. • Money-transfer revenue for MoneyGram International totaled $339.6 million for the third quarter, up 5% on a constant-currency basis …