David Heun

Five more retailers have dropped out of the American Express-managed Plenti retailer coalition loyalty program, putting its status in question.

The South Korea Financial Services Commission has acted on its concern that the growing popularity and speculation in bitcoin and other cryptocurrencies would become dangerous.

China's central bank has put the brakes on mobile and e-commerce payment schemes in the past, mostly from the standpoint of having a wary eye on third-party players elbowing their way into financial services.

Merchants won't know for sure until about midway through 2018 whether they received a significant win, after the U.S. Supreme Court will rule on the anti-competition complaint against American Express.

China's Ant Financial Group, the company behind Alipay, was among eight companies that EMV standards governing body EMVCo has named as technical associates to its secure-payment consortium.

Verifone's integrated payments strategy is focused around its mobile Carbon POS, and the San Jose-based terminal manufacturer has now added cloud-based POS software from talech to the Carbon platform.

Stolen payment card data is a bad investment. There's just far more stolen payment credentials available than the "market" will bear.

In a move designed to strengthen its capabilities for integrated payments, processor and technology provider Total System Services has agreed to acquire Cayan for $1.05 billion. The news shortly follows another deal valued in the billions — Thales agreeing to buy the chip maker Gemalto for $5.4 billion.

Visa research contends consumers are interested in biometrics and consider it superior to traditional usernames and passwords.

More retailers are accepting mobile wallets, but few agree on what that entails. Many stores are coming up with their own wallets by building on past successes or burying payments deep under the surface of their mobile channel.