Payments/Credit/Debit

EMV Essentials site includes explanations of technology embedded in EMV cards already widely used overseas, as well as timeline for the liability shift through 2017.

Retailers ramping up investment in new technologies as mobile forecast to lead bricks and mortar, websites and call centers in Europe by 2020.

In an era of almost daily news about alternate and mobile payment solutions in our industry, credit union executives are right to be concerned not only about the future of their business but also of the potential dilution of their brand as new players enter the market.

Saying that the prepaid card it once built its Wallet around had become obsolete, Google has moved to kill that payment option, effective Oct. 17, according to an announcement emailed to users and also posted on a Google blog.

A retail group which was not a party to the original anti-trust fight between retailers and major card brands and card issuers over credit card interchange said it is moving closer to taking legal action to try and block a settlement in that case.

Even though affinity card issuing may have a become a more difficult regulatory and economic challenge, some credit unions have begun to find payments success by launching affinity card rewards programs, credit union card executives report.