David Heun

Discover cardholders and Discover Bank members who own an iPhone X can now use Face ID biometrics to sign onto the Discover mobile app.

As Mastercard, Discover and American Express all plan to drop signature authentication at the point of sale, Visa is largely mum on the topic. But does it really need to weigh in?

To help its member banks avoid the nightmare of a data breach, Swift is requiring they take the necessary security steps to establish a strong baseline of cyber defense. And Swift intends to make sure its banks all follow the same procedures.

As the reigning technology giants demand consumers do everything through voice-controlled smart speakers, they may inadvertently succeed where smartphone-based wallets stalled.

American Express is falling in line with Mastercard and Discover in eliminating the signature requirement for authorization on all card transactions at the point of sale, starting in April of 2018.

Kenneth Montgomery will chair the Secure Payments Task Force, which is made up of more than 200 industry stakeholders who are working on a faster payment system in the U.S.

Chase Pay was years in the making, and it's still finding new ways to reach its intended audience. On the surface it seems like a simple QR code-based mobile wallet, but underneath it's far more complex.

Card usage drops off fast after a false positive. In many cases, two false positives cause consumers to abandon a card permanently.

Discover's shift starts in April 2018. Mastercard has also eliminated signatures for credit and debit card transactions.

Airlink's knowledge of the local market and relationships with banks, acquirers and large merchants in region will help the Paris-based Ingenico grow in Taiwan and strengthen its position in Northeast Asia.