David Heun

Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for retailers and banks to improve their communication about the benefits of location data.

Chinese tourists visiting Spain will be able to shop at Spanish stores using their Alipay mobile wallets through an agreement between BBVA Group and Ant Financial Services, the Alibaba affiliate that operates Alipay.

Verifone is focusing more on operating an open platform in which third-party developers and financial partners could build within Verifone point of sale network parameters.

Local payments are included in the e-commerce checkout process, allowing merchants to immediately sell products online to local customers.

Decision Intelligence uses artificial intelligence iin an attempt to increase the accuracy of real-time approvals of safe transactions and reduce false declines.

The company wants to meet demand for corporate payments globally, especially in emerging markets.

Most executives see the value of the technology, but are still looking for definitive use cases before taking the leap.

PayKey enables bank customers to instantly transfer money through popular social media networks and messaging apps such as Facebook Messenger, WhatsApp and Twitter.

The company has added six new markets in Europe, where it has already established a beachhead for its e-commerce technology.

North America remains a favorite target for hackers, with incidents at the point of sale rising dramatically in 2016 and payment card data again proving to be the most at risk, according to new research from Trustwave.