Issuing/Originating

With faster-payment services growing in the U.S. and the Federal Reserve expected to announce Monday whether it will assume a direct operating role in a real-time gross settlement system, banks and payment processors have not yet considered all the risks associated with the new services, according to a new report. …

Consumers are making more debit card transactions without the physical card, and fraudsters are taking notice, according to a major study released Thursday. Transactions such as e-commerce payments, push payments, and peer-to-peer transfers using the accounts backing debit cards, but not the plastic itself, are rising dramatically, according to the …

The PCI Security Standards Council and Retail & Hospitality ISAC issued a joint bulletin about a growing threat to e-commerce Web sites that the cybersecurity organizations say requires “urgent awareness and attention.” The threat, sometimes dubbed Magecart, involves sites infected with difficult-to-detect malware that skims payment card information during a transaction without …

A new report about online security finds that 50% of phishing domains that researchers tracked mimicked the Web sites of financial-services companies. The findings come from the “State of the Internet/Security” report released Wednesday by Cambridge, Mass.-based Web-services provider Akamai Technologies. Forever a favorite of criminals, banks and other financial …

Fidelity National Information Services Inc. (FIS) said it has closed on its $43-billion cash-and-stock acquisition of processor Worldpay Inc. The deal was announced in March. Wednesday’s announcement follows approval of the merger by Worldpay shareholders last week and by the Federal Trade Commission in April.Apple Inc. CEO Tim Cook reported the Apple Pay mobile-payments service is now completing nearly …

The Kroger Co. and Visa Inc. have settled a 2016 federal lawsuit in which Kroger alleged Visa interfered with its transaction-routing plans for EMV debit cards, Digital Transactions News has learned. In a separate dispute, however, the leading stand-alone supermarket chain is still boycotting Visa credit cards in some of …

Mastercard Inc. saw strong growth in its core business in the second quarter, a time when the network continued its push for contactless cards and development of the new Secure Remote Commerce system for online payments. Mastercard said it switched 21.4 billion transactions globally in the three months ending June …

Major credit card issuer Capital One Financial Corp. said it detected a data breach this month in which an intruder gained access to records affecting 100 million persons in the United States and 6 million in Canada. Affected data included such information as names, addresses, Zip Codes, and dates of birth, though …

Fiserv Inc. formally announced the closing of its $22-billion, all-stock acquisition of processing giant First Data Corp.MagTek Inc. said its DynaPro Go PIN pad now offers Bluetooth LE connectivity. The company also launched its iDynamo 6 mobile card reader that works with iOS, Android, and Windows operating systems.Utah’s Deer Valley Resort said it detected malware on May …

In what may be the biggest anticlimax in their careers, employees at First Data Corp. will walk into their offices Monday morning as employees of Fiserv Inc. And if Fiserv chief executive Jeffery Yabuki’s ambitions prove fruitful, the combined company will play a leading role in fending off nonbanks like …