By John Stewart@DTPaymentNews The new Trump administration injects much uncertainty into U.S. business, with payments being no exception, but a panel of experts on Thursday said the net result should be positive for at least the acquiring side of the market. “If Hillary Clinton had won, we would have been …

PayPal and other non-banks got out of the gate fast to build burgeoning person-to-person payments empires. Is Zelle the banks’ savior? In a few months, the battle between banks and non-banks for the lion’s share of the exploding person-to-person payments market will escalate to a new level. That’s when Zelle, …

Canada’s credit card interchange rates have already come down and, under government pressure, could be coming down again. Snow and cold haven’t stopped Canadian bankers and retailers from trekking to the national capital of Ottawa, Ontario, this winter. The reason: to give their opinions to minister of finance William F. …

The payments business has had more than a year of chip card struggles. Now, a long-time observer of the payments industry argues there is a better solution for the threat of rising fraud. As 2016 wound to a close, nothing short of a massive business hangover loomed over the U.S. …

The financial-services industry is closer than you think to widespread adoption of biometric authentication, says Kirsty Tull. Here’s why. There is always that scene in action and spy movies. You know the one. In Mission: Impossible, they must defeat the facial-recognition system to access some secret data. James Bond’s gun …

Cyberfraud is maturing into a stable, highly profitable business, adopting modern management principles and investing heavily in innovation. It has already evolved into an impressive, sophisticated, well-managed, capitalistic environment, composed of bold hack-innovators, hack-services providers, hack analytics, hack market promoters, and some hacking line soldiers, who are the ones who …

Today, blockchain/shared-ledger and artificial-intelligence technologies are getting a lot of press, but there is an older and simpler technology that is ready to use now and is comparatively easy to implement. It is changing how payments are done in a way that financial institutions need to carefully think through. Application …

By Kevin Woodward@DTPaymentNews Vantiv Inc.’s

By Jim Daly@DTPaymentNews The Consumer Financial Protection Bureau on Wednesday announced a consent order that requires Mastercard Inc. and UniRush LLC, program manager of the prepaid RushCard, to pay $10 million in restitution to cardholders and a $3 million civil fine as a result of an October 2015 processing glitch …

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 …