Small merchants that belong to the 109,000-member Canadian Federation of Independent Business will get interchange reductions of 12.5% or more on Mastercard purchases beginning April 3 under a deal announced Thursday by the CFIB and Mastercard Inc. The new rates will be available to CFIB members through all Canadian merchant …

Diebold Nixdorf, the ATM manufacturer formed last August when North Canton, Ohio-based Diebold Inc. bought Germany’s Wincor Nixdorf AG, on Tuesday reported results for its first full quarter as a combined company. The merged firm, double the size of the former Diebold Inc., is now looking to expand globally and …

Leading payment processor First Data Corp. on Monday reported positive net income for the fourth quarter and all of 2016, a turnaround from losses for both periods a year earlier, but it’s still working to improve mediocre revenue growth in its merchant-acquiring business. Atlanta-based First Data posted net income of …

It’s been the winter of chest-thumping for e-commerce payments providers. Amsterdam-based Adyen, which is targeting the U.S. market from its San Francisco office, on Wednesday announced that its worldwide transaction volume jumped 80% last year to hit $90 billion from 2015’s $50 billion. On Tuesday, the secretive Amazon.com Inc. disclosed …

A layman would have a hard time equating a ban on credit-card surcharges with repression of free speech, but that was the crux of the argument Jan. 10 between lawyers for merchants and the state of New York as they debated for about an hour before before the U.S. Supreme …

Mastercard Inc.’s key operating and financial metrics all grew in the fourth quarter, and president and chief executive Ajay Banga on Tuesday said he expects them to continue growing despite the political turbulence created by President Donald Trump’s new administration. In the United States, total fourth-quarter credit and debit card …

A San Francisco analytics company with access to transaction data on 3 million consumer credit and debit cards says usage of Apple Inc.’s Apple Pay mobile-payment service rose steadily in 2016. TXN Solutions Inc. also says that among brick-and-mortar merchants Apple Pay usage is highest at New York City-area pharmacy …

Credit card numbers were involved in just under one-fifth of the 4,000-plus data breaches worldwide reported in 2016, data-security services provider Risk Based Security Inc. reported Wednesday. RBS says the latest release of its annual Data Breach QuickView found that 4,149 data breaches occurred or became publicly known in 2016, …

The Federal Reserve’s Faster Payments Task Force is in the final stages of reviewing 19 proposals to speed up U.S. electronic payments, Fed executives tell Digital Transactions News. The faster-payments initiative is part of the Fed’s broader Payment System Improvement project that also addresses security and efficiency issues. The Fed …

Total dollar volume on Discover Financial Services’ networks increased 2% in the fourth quarter to hit $80.2 billion versus $78.8 billion a year earlier, but results varied among the company’s payment operations. Riverwoods, Ill.-based Discover reported Tuesday that the Discover credit card unit posted proprietary volume of $34 billion, up …