ISO & Agent

As retailers, banks and technology companies continue to suffer data breaches, issuers and merchants need to take extra care when selecting payment vendors.

The chip card migration is drawing more attention to card not present fraud. Account takeover risk is also on the rise.

Longtime TSYS executive William A. Pruett will retire early next year, after which the company plans to consolidate its North America and International services operations into a single, new unit called the Issuer Solutions Segment.

In response to a series of cyber bank thefts, Swift has developed new guidance. It's a necessary first step, though banks for now are still left to fend for themselves.

Merchants should check operating systems, since the PC-based operating systems which run most legacy point of sale software have security flaws and are targets for malware.

Crooks are getting more clever when hacking e-commerce sites to hide illegal activity, requiring banks and processors to developer a broader picture of merchants and payment activity.

Merchant cash advances have been controversial because of high premiums. But they can be lucrative for cash advance companies as well as ISOs.

Both major brands are accelerating a move away from traditional checkout, and all retailers need to make adjustments for the future.

Android Pay just added New Zealand to its growing list of supporting countries.

Transaction records reveal a lot about consumers that can go a long way toward building marketing campaigns that keeps them coming back.

Apple Pay users will have the option to make payments with gift and loyalty cards through an arrangement with Blackhawk Network's digital stored value system.

Gen Z is coming fast on the heels of millennials. For e-commerce, payments and financial services, they have an even shorter attention span.

Visa's growth beyond plastic cards relies heavily on tokenization, a strategy that should get a major boost from its planned acquisition of CardinalCommerce.

Banks tend to respond to ATM and payment breach risks after an incident. They need to get more proactive.

Payments processor and technology provider Total System Services Inc. has begun a long-term agreement to provide debit transaction processing for Virgin Money customers in the U.K.

Another leading company in the turbulent online lending sphere has replaced its chief executive officer.

With access to financial transaction data under threat by hurdles imposed by certain financial institutions, it should be up to consumers to decide how their data is used to improve their financial well-being,

Retailers are adding e-commerce services quickly, but older technology systems are making the migration difficult.

Verifone has extended its partnership with Worldpay, allowing the terminal manufacturer to provide point of sale software and hardware to Worldpay customers in the U.K.

As subscription services get more complicated, the technology required to send bills, process payments and execute marketing campaigns will become harder to manage.