Mobile payments are booming in places like China and India, but in the United States, not so much. Year after year, one reason that keeps popping up in surveys is concerns about security, and on Tuesday a major standards body announced a measure aimed squarely at those fears. The Accredited …

Merchant acquirer Elavon Inc. has acquired Electronic Transactions Systems Corp., an independent sales organization and business-software provider, Elavon parent company U.S. Bancorp announced Tuesday. Another payment processor, Fidelity National Information Services Inc. (FIS), also reported Tuesday that it sold the assets of its Certegy Check Services unit to a private-equity …

Priority Technology Holdings Inc., the new corporate name for Priority Payment Systems following a deal with M I Acquisitions Inc., announced the acquisition of RadPad and Landlord Station, business software for landlords. Just a day after the FBI warned bankers about a looming malware scheme to make ATMs dispense cash …

Payment Alliance International, the Louisville, Ky.-based ATM operator, is in the midst of a strategic shift, one that has seen three top executives resign from the firm. John J. Leehy III, president and chief executive, Greg Sahrmann, executive vice president and chief operating officer, and Donna Embry, chief payments advisor, …

The escalating U.S.-China trade war is generating calls for a truce from the payments industry. Most recently, the ATM Industry Association announced its opposition to planned U.S. tariffs on Chinese goods, calling them a “threat to business.” ATMIA members are expected to testify at a tariff hearing next week in …

The FBI privately warned banks on Friday that cybercriminals are preparing a big “ATM cashout” operation, a choreographed global scheme in which fraudsters hack a bank or payment processor, plant malware that attempts to disable banks’ ATM withdrawal limits and related transaction controls, and use cloned payment cards to withdraw potentially …

Citing data from the global payment card networks, the U.S. Payments Forum reported in its latest update on the conversion from magnetic-stripe to EMV chip card payments that approximately 57% of in-store card transactions are now “chip-on-chip,” meaning an EMV point-of-sale terminal read an EMV card. Also, acceptance of contact …

NRT Technology Corp. and Sightline Payments LLC, which are expected to merge and become NRT Sightline, announced its Connect+ payment gateway is being used by Hard Rock International for its recently launched online casino in New Jersey. Payments processor Worldpay Inc. extended for four years an agreement with CRS Texas, …

Cardtronics plc may have been one of the few companies to benefit from Visa Inc.’s June 1 outage in Europe. It notched a record high volume in the United Kingdom, Edward H. West, Cardtronics chief executive and director, told analysts during a conference call Thursday to discuss the ATM deployer’s …

Chase, a unit of JPMorgan Chase & Co., enabled cardless ATM access at nearly all of its 16,000 ATMs nationwide when consumers use Apple Pay, Google Pay, or Samsung Pay loaded with a Chase debit or Liquid card. In related news, Chase said Los Angeles-area consumers can use Chase Pay …