A federal judge has approved the multi-billion dollar settlement of a lawsuit over credit card swipe fees, resolving an eight-year long battle between banks and retailers. more »
Intrix Technology Inc.,a company that got its start 20 years ago as a supplier of accounting software, made its mark in the acquiring business this year by buying all or part of five merchant portfolios. more »
The Electronic Transactions Association is rebranding its ETA Annual Meeting and Expo with the new name TRANSACT 14: Powered by ETA. more »
Pivotal Payments, a Montreal-based ISO, announced today that it plans to white-label its merchant reporting tool.
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.
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.
The ATM Industry Association, or ATMIA, is urging payment networks to work with ATM deployers to help keep routing choices flexible.
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.