For almost three decades, the Internet evolved in stealth until it exploded on the public scene and changed everything. Right now, something called “The Internet of Things” is being hatched in geeknests around the world, and it will change everything—again! Sixty billion “things” are projected to combine into a network …

The fraud bug struck debit card issuers last year, and the illness spared neither signature nor PIN-based varieties of debit. Researchers identified a big increase in skimming as part, but only one part, of the cause. According to the 2016 Debit Issuer Study commissioned by Discover Financial Services’ Pulse electronic …

    ISO Agents look at a number of different criteria when evaluating which agent program that they should ultimately establish a sales relationship with.  There are many factors to be considered beyond just residual splits; from support to equipment & processing alternatives; the considerations can be daunting.   The options …

By Jim Daly @DTPaymentNews If there’s one thing about EMV chip card payments that always works, it’s their ability to elicit strong feelings from those in the payments industry. It happened once again on Wednesday, when attendees at the Mobile Payments Conference 2016 in Chicago met for a closing panel …

• The ATM Industry Association issued an updated position paper in support of variable surcharges, or so-called “convenience fees,” for ATM transactions; the trade group says global network policies effectively force ATM deployers to assess uniform surcharges despite differences in network interchange rates and fees, and that the coming of …

By Kevin Woodward@DTPaymentNews Retailers considering or starting a digital gift card program may do well to study the programs offered by Sephora USA Inc., Starbucks Corp., The Home Depot Inc., Dunkin’ Donuts, and Amazon.com Inc. Their digital gift card programs ranked at the top of a roster of 100 retailers …

By Kevin Woodward@DTPaymentNews Mobile payments continue to garner merchant interest as more retailers are accepting mobile wallets, research shows. Meanwhile, drug-store chain Walgreens is making its loyalty program available to users of Android Pay. Thirty-four percent of small businesses accept mobile payments like Apple Pay and Android Pay, finds the …

By John Stewart@DTPaymentNews As the automated clearing house network gets set to start a process that will over time speed up credit and debit transactions to

By John Stewart @DTPaymentNews When it comes to faster payments, most of the U.S. payments industry’s focus lately has been on the glamorous option of real-time settlement, but sentiment is beginning to emerge that says same-day payments may just be fast enough. Those who make that argument point out that …

By Kevin Woodward@DTPaymentNews The debate over the price merchants pay to accept credit cards may be about to intensify. A new report suggests that capping credit card interchange at 22 cents plus 30.5 basis points per transaction could cut $15 billion from the current total of $33 billion U.S. merchants …