Operation Choke Point, the federal governments campaign against online payday lenders and collections agencies, is unjustly attacking third-party payment processors, an association official says. more »
If stores seem a little less crowded this holiday season, tablets and smartphones are likely to blame. The volume of e-commerce payments made via mobile devices is surging. more »
The ATM Industry Association, or ATMIA, is urging payment networks to work with ATM deployers to help keep routing choices flexible. more »
While Diane Vogt Faro was growing up in the payments business, she helped the entire industry mature.
Small and medium-sized merchants plan to adopt multichannel retailing in a big way in the next 12 to 24 months, says an executive at SecureNet, an Austin, Texas-based payments processor and acquirer.
Schemes that rely on social engineering and other attacks to steal consumers sensitive information are especially dangerous when Americans let down their guard during the holiday season.
As treasurer of the Northeast Acquirers Association, Jacques Breton handles logistics for the regional trade groups events. He's used that role to help shape the industry.
With a new CEO and an infusion of private equity funding, Cynergy Data plans to grow organically and through acquisitions.
The wireless carriers' Isis mobile wallet venture is using acquirers to build merchant support for its technology.
Dont get distracted by the big-name telecoms that designed the Isis mobile wallet, or youll miss the wizard behind the curtain: American Express.
Two decades ago Mary L. Gerdts did something that was quite unusual at the time. She started an ISO that focuses solely on one industryhotels.
Nomad 2.0, a second-generation mobile EMV chip-and-PIN card reader from AnywhereCommerce, is reportedly smaller, lighter, less expensive and more useful than its 18-month-old predecessor.
The Electronic Transactions Association plans to keep expanding its advocacy, educational and networking efforts in the coming year, the trade groups CEO says.
TSYS and Womply, a big-data startup, are nearing their goal of providing Womplys Insights platform to 10,000 of TSYS clients by the end of the year.
Merchants and payment vendors who never bother to change the default password in sensitive systems are getting fresh attention from the Payment Card Industry Security Standards Council.
Cynergy Data has named Afshin Yazdian as its new CEO, while current CEO Kim Fitzsimmons will remain with the company as a member of the board and take on a strategic role with Comvest Partners.
The Electronic Transactions Association is redoubling its efforts to shape legislation and regulation in ways that benefit the acquiring industry.
Big players are entering the merchant cash advance business and the industrys smaller players are maturing. Meanwhile, the market is growing with the help of automated clearinghouse transactions.
Before Merchant Account Solutions introduced an automated system that updates new customers on their applications status, the ISO found itself losing clients to competitors.
ISOs often refuse to do business with gun sellers, medical marijuana shops, pornography sites, bitcoin exchanges and mug-shot galleries whether or not those businesses run afoul of the law.