Our list this year showcases some of the most interesting innovation going on in payments. As we put together this year’s Guide, we were struck by the sheer breadth of innovation the 37 entries that made this year’s list represent. Yes, much of this technology has to do with mobile …

Chargebacks stemming from the EMV liability shift are bedeviling merchants, and some of them are turning to the courts for relief. That could change the way EMV plays out in the United States. Max Milam thought his stores were ready for EMV chip cards. His four Milam’s Market grocery stores …

Peer-to-peer payments are taking center stage as banks, processors, and tech companies roll out new ways to displace cash. But will providers cash in? The headlines mostly tell of the problem-plagued EMV chip card rollout in the U.S. or wishfully hope that mobile payments will finally catch on with consumers …

Each time a merchant takes a card transaction, he pays a fee to his processor. This is a percentage of the sale called a discount rate, and in the case of MasterCard and Visa transactions it’s based on a sort of wholesale rate, called the interchange rate. That rate is …

Financing activity for startups in the payments business continued at a hectic pace over the past six months—but the total dollars invested fell through the floor. There were 75 funding deals in the first quarter totaling $396 million, according to the latest data from CB Insights, a New York City-based …

A handful of arcane mathematicians way back in the 18th and 19th centuries aspired to invent a useless mathematical theory that would shine for its beauty alone, unstained by practical applications. It was called number theory, and it stood useless and shining until late in the 20th Century, when this …

So far, online merchants are winning the battle against fraud, but the gains are coming at a high cost, according to the latest annual fraud study from CyberSource Corp., set for release next week with results for 2015. The progress also comes as card-not-present merchants prepare for an expected onslaught …

    Consumers and brick-and-mortar stores across the country have been juggling the challenges of adapting to EMV technology – the microchip cards that will make card present fraud more difficult. Despite a number of setbacks, the potential benefits are worth the bother. When it comes to card-not-present (CNP) transactions, …

It may have started with the likes of PayPal Holdings Inc. and Square Inc., but it isn’t stopping there. Having made their mark in merchant processing, high-tech payments firms are increasingly turning their attention to the business of offering funding to the merchants they serve. The move is bringing them …

• The PCI Security Standards Council said it will publish version 3.2 of the Payment Card Industry data-security standard this Thursday. • Ziosk LLC, a provider of tablets for at-table payment in restaurants, announced deals with several entertainment providers for new content on its installed base of 170,000 devices. • …