David Heun

Payment companies like Braintree and the card brands have opened up their technology to external developers. The next generation of merchant apps will require even more flexibility and speed.

The card handles multiple currencies and is designed for students and underserved market segments.

A dozen global transaction banks are now using the Society for Worldwide Interbank Financial Telecommunication's new global payments initiative service to improve cross-border payment delivery.

Virtual credit cards are gaining popularity as a one-time-use security method, but payments through these digital cards are expensive for accounts receivable departments to manage.

As American Express and Citigroup clashed over which issuer would get the coveted Costco Warehouse credit card business, one area remained undisputed and out of their hands: Payment processing for Costco's small business clients.

A key aspect of the job for security leaders at retailers is to present cyber risk threats to boards and top executives in terms they understand. Bay Dynamics says the best way to do that is through the common language of dollars and cents.

While cash back remains a popular reward, consumers would like to see a rewards card in which they would have a choice to establish a program they consider most relevant.

The password management company was an early supporter of the alliance's standards, and is now joining the organization as it seeks to reduce use of static authentication.

The company already has a domestic market for transfers and other payment services, and is looking to serve the international needs of that audience.

Mobile is taking the spotlight as fraudsters shift to account takeovers and e-commerce fraud in the wake of EMV chip cards taking hold at the physical point of sale.

JPMorgan Chase has moved Chase Pay into the "on the go" market in securing global restaurateur HMSHost and city parking provider Parkmobile to accept the bank's mobile wallet.

After testing mobile order-and-pay at Tim Hortons cafes and Burger King restaurants for nearly two months, Restaurant Brands International is preparing to launch the app throughout Canada in the spring.

Cashless payments provider SIX Payment Services has launched a virtual PayLife credit card for making mobile payments in Austria.

Citing the need to expand Transatlantic commerce, U.K. and U.S. officials have agreed to create a payments forum featuring leaders from the tech hubs of London and Atlanta.

With its WaveShades, Visa engages in a delicate balancing act of making its new payment wearable cool and trendy as any other fashion accessory without invoking the geekiness of the ill-fated Google Glass.

The use of one-time tokens has picked up steam in the past year, especially with merchant groups waiting for EMVCo to release specifications for a payment account reference.

Users can set up organizations specific to money transfers for events or groups, allowing invitations to be sent to up to 50 people through a text message or push notification.

The payments company is working with Chargebacks911 to improve chargeback performance for card not present transactions.

The technology giant reported record earnings and a solid performance for its mobile payment app, but did not dive deep into adoption numbers.

Messenger bots, an artificial intelligence-driven application, can respond to customer queries over social messaging platforms. Bot interactions attract a consumer who is engaged and interested in pursuing a transaction.