David Heun

The card brand is navigating almost daily changes in the payments industry, resulting from company mergers and partnerships to advancing payments delivery and security.

An agreement with PayPal for cross-border payments has allowed Bank of America Merrill Lynch to add the word "global" to its three-year Digital Disbursements product.

Having chargebacks have been a consistent thorn in merchants' sides for much of the past decade — and to make matters worse, while 82% of merchants say they actively dispute chargebacks, 24% have no idea what their win rate is.

American Express has acquired artificial intelligence technology provider Mezi, which has powered the AskAmex application in the past to help card members find and book travel, dining and entertainment through messaging via iPhones.

Global payment and fraud prevention provider Pelican is bringing its faster payments system to the North America market after working within the European SEPA Instant Payments scheme last year.

PCI compliance won't be enough to meet the strict requirements of the General Data Protection Regulation, which takes hold May 25 in Europe.

Data analytics provider RELX Group has agreed to acquire ThreatMetrix and its digital risk-assessment network for $816.5 million (580 million pounds) in cash.

Kelley Knutson has been promoted to senior executive vice president of Total System Services Inc. and president of Netspend, the company's prepaid debit card unit.

The mobile POS hardware and software provider is propelling its relationship with Apple to deliver technology for Major League Baseball that will allow entry into stadiums through digital tickets and Near Field Communication readers.

In the ever-changing era of cyber threats against payment and personal data, it is dangerous for companies or financial institutions to spend a lot of time or money establishing defenses only against external threats.

Organizations handling payments or personal data are increasingly moving to cloud-based technology, and cyber criminals are taking advantage of that transition in finding new attack vectors.

The company plans to move into more retail payment processing as part of a broader diversification strategy that includes the acquisition of Cayan.

Mastercard plans to deploy its biometric authentication option for European consumers to use through their smartphones when shopping online or conducting mobile banking.

China's WeChat Pay mobile wallet has secured a partnership to launch the app in Italy next month, making it easier for Chinese consumers in that country to make online or in-store purchases with their smartphones.

The dark cloud that was the lost Costco card portfolio didn't garner a mention during the American Express 2017 fourth-quarter earnings call Thursday — the first time in many quarters that this was the case.

To free the payments industry from seven decades of standards and legacy operations, the Secure Remote Payment Council is asking more stakeholders to embrace the concept of an open operating standard for security and transaction routing.

Through an arrangement with First Data and JCB International, Discover will expand its card acceptance at merchant locations in Hong Kong to better accommodate travelers carrying Discover cards.

With only two weeks left in his role as CEO at American Express, Kenneth Chenault is already on to a new challenge as he becomes the first black executive to become a member of the Facebook board of directors.

Even as more retailers dropped out of the Plenti multi-merchant loyalty program this month, the faltering American Express program does not represent a death blow for such collaborations.

Lighthouse Network has acquired payment gateway Shift4 Corp. and will rebrand its company as Shift4 Payments.