David Heun

Payments processor and technology provider Total System Services Inc. has begun a long-term agreement to provide debit transaction processing for Virgin Money customers in the U.K.

Jack Henry & Associates is adding the Zelle person-to-person and faster payment services to its current P-to-P features for credit union and bank clients.

As the holiday shopping season kicks off, retailers are preparing for an influx of payment volume from shoppers and scammers alike. Here are a few of the problems they face.

Verifone has extended its partnership with Worldpay, allowing the terminal manufacturer to provide point of sale software and hardware to Worldpay customers in the U.K.

When Stripe Inc. launched its e-commerce payment services in 2011, the San Francisco-based startup wasn't presenting itself as a major threat to online giant PayPal — and even with its new $9.2 billion valuation, it still might choose a different path.

Whether or not retailers are properly guarding their payment hardware and their in-store networks, a bigger issue might just be the workers who have access to retail organizations' data — including both regular staff and temporary holiday workers.

The spread of new payment technology and omnichannel commerce are changing the way people shop during the holiday season, even in brick-and-mortar stores. Here are a few noteworthy trends this season.

Few of Apple's numerous patent applications make it to market, but if the consumer electronics giant follows through on one filed last week, iPhone users may have the Siri virtual assistant helping them with person-to-person payments through the iMessage platform.

Visa Inc. has clarified its position on EMV debit card routing to address growing concern among merchants that the card brand's rules were forcing those transactions onto the Visa network rather than allowing merchants to choose among less expensive options.

Mobile apps that allow consumers to control their payment cards are becoming more popular as banks use payment security as a way to build customer relationships.