ISO & Agent

U.S. consumers remain unimpressed by mobile wallets and annoyed by EMV, so something has to give at the point of sale. That something could be coupons.

JetPay, a payments processor and provider of card services, has agreed to buy CollectorSolutions, also a payments processor.

Chase Pay, JPMorgan Chase's mobile wallet, has just landed an unlikely early partner with a history of going it alone: Starbucks.

Texas Capital Bancshares in Dallas has named TSYS Chief Information Officer Patty Watson to its board.

Starbucks' loyalty program will soon reward bonus points based on money spent rather than recognizing individual purchases, a change designed to ease workflow and increase participation rather than dilute benefits, company executives said Monday morning.

There is a different feel to the troubles American Express faces today, mainly because its lost Costco relationship represented what might be one of the last of its kind — a deal in which a large retailer gives exclusivity to a certain card brand and tells customers how to pay.

Wal-Mart Stores Inc. has been pushing ahead with EMV card adoption and the Merchant Customer Exchange mobile wallet, but gave little to no attention to them during its Feb. 18 conference call to discuss fourth-quarter earnings.

Only 37% of U.S. merchant locations are fully equipped for EMV card acceptance, narrowly missing a projected 40% rate of deployment predicted by management consulting firm Strawhecker Group, according to research it published Wednesday.

Matt Taylor, formerly the CEO of Mercury and now group president of integrated payments and emerging channels at Vantiv, shared insights into how his company made the right decisions at the right time.

Football season may be over, but the game is just getting started for the payment companies that saw the Super Bowl as their own proving ground.

The Electronic Transactions Association released its updated Guidelines on Merchant and ISO Underwriting and Risk Monitoring last week, spotlighting various merchant categories that face the biggest scrutiny from law enforcement agencies.

Visa has accumulated a 9.99% stake in Square, according to a filing with the Securities and Exchange Commission, giving a boost to the mobile point of sale company, which has faced challenges recently.

By now, many merchants should be wondering if they made the right decision by failing to act before last fall’s EMV liability shift.

The app ecosystem has enabled payments to blend almost invisibly into the background of many cash-based services, such as ride-sharing and food delivery, but sometimes there is a need to let payments take center stage.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

Most consumers, when dining, still enjoy the simplicity of dropping cash on the table than using something newer, like an EMV card or a mobile wallet, even when those payment forms are becoming more commonplace in other stores.

Heartland Payment Systems is quickly accumulating technology to serve smaller merchants and restaurants, two key pieces of the services that made the processor attractive to Global Payments, which is in the midst of acquiring Heartland.

Golf course management software provider Club Prophet Systems is using the linked2pay application interface to add Automated Clearing House payment acceptance as an option for its clients.

In the past year, Verifone's European market share has grown more than 10 percentage points, and Felix declares it her proudest moment in a career that spans 26 years.

Kazazean’s ability to drive collaboration across diverse teams will be a critical asset as she faces Walmart's ambitious shift to omnichannel commerce this year.