Fraudsters are hitting fuel pumps hard as they hunt for the dwindling number of places where they can take advantage of magnetic-stripe payments while EMV chip card acceptance takes hold in U.S. stores and restaurants. Last week, fleet-fueling payment card specialist WEX Inc. revealed that it increased its second-quarter provision …

Two recent studies have produced some interesting insights about person-to-person payments. One spells out the similarities among users of prepaid cards and P2P services. The other shows just how strong PayPal Holdings Inc.’s hold in money transfers and P2P and other payments is. The findings about prepaid and P2P come …

Mastercard Inc. reported Thursday that its switched transaction volume grew 17% in the second quarter. Meanwhile, Discover Financial Services’ Pulse debit network saw volume jump 15% after growing slightly in the first quarter following a long period of decline. Purchase, N.Y.-based Mastercard said its transaction count hit 16 billion versus …

A Wisconsin supplier of kiosks for employee break rooms is getting national attention in the wake of its announcement that it plans to implant radio-frequency identification microchips in the hands of volunteer employees Aug. 1, chips the company says will support payments. Three Square Market, based in River Falls in …

In a payments play on acquire and be acquired, Paysafe Group plc announced Friday that it has a deal to acquire Delta Card Services Inc., parent company of independent sales organization Merchants’ Choice Payment Solutions, for $470 million in cash. Separately, United Kingdom-based Paysafe also confirmed that it has received …

Visa Inc.’s top brass talked at length Thursday about payments opportunities abroad, but they also noted that U.S. payment volumes, particularly in credit cards, did quite well in the quarter ending June 30. “Our global business benefited from an overall healthy economy as payments volume grew in every major region,” …

Vantiv Inc. took the unusual step this week of filing a document with the Securities and Exchange Commission to dispute a research firm’s report about its merchant pricing. The payment processor says the report “claims Vantiv deceives merchants by marking up interchange fees.” The report about Vantiv’s allegedly high and …

Point-of-sale terminal maker Ingenico Group announced Thursday that it plans to buy Stockholm-based Bambora Group from Nordic Capital for €1.5 billion ($1.73 billion). The acquisition will put under Ingenico’s roof a fast-growing international payments provider that gets 90% of its revenues on a recurring basis. Stockholm-based Bambora counts 110,000 businesses …

U.S. Bancorp on Wednesday reported modestly higher results in its merchant-acquiring unit for the second quarter, while ATM manufacturer Diebold Nixdorf Inc. posted a $31 million loss after lowering its financial projections for the year. Minneapolis-based U.S. Bancorp is the parent company of U.S. Bank and Elavon, the fifth-largest merchant …

Some 19% of consumers participating in a recent survey said they have made a product purchase through Amazon.com Inc.’s Echo or a similar voice-controlled device within the past year. The finding is noted in the Future of Retail 2017 report from Chicago-based Walker Sands Communications, a digital marketing services and …