The saga involving a potential takeover bid for Worldpay has ended after the British payment processor decided to launch an IPO on the London Stock Exchange and looks to raise £890 million.

Visa has introduced a new biometric specification for chip card transactions that can enable palm, voice, iris, or facial verification. This technology framework is designed to work with the EMV chip industry standard to make solutions more easily scalable.

As part of its initiative to modernise Canada’s core national clearing and settlement framework and infrastructure, the Canadian Payments Association has set out a modernisation vision based on research conducted in collaboration with the Bank of Canada.

It’s been two years since payments processor Braintree was acquired by PayPal, and now it’s on track to exceed $50 billion in transactions by the end of the year. Find out how they’ve managed to come out on top in the fiercely competitive e-commerce industry.

Banks are inconsistently investigating fraud claims, with some actually basing their decisions on a ‘hunch’, says a report by the consumer group Which?.

Only 27 per cent of US merchants will be EMV-ready by the October 1st liability shift, representing a sizable decline from 34 per cent estimated in March, a report from The Strawhecker Group (TSG) has found.