David Heun

CHICAGO -- In payments politics, it's difficult to imagine a topic that gets the blood flowing more than the EMV chip-card shift in the U.S.

CHICAGO -- Ask a group of consumers what's keeping them from using a mobile wallet and more than half will say it's not safe to do so.

Health care stands to benefit from automated and easier-to-understand billing and payments, but PatientPay is betting that ridding the system of paper is required on the benefits end as well.

CHICAGO – Mobile wallets are evolving in the key areas of availability and consumer awareness, but they continue to lack in the critical aspect of convincing users of their value, said Google executive Jack Connors.

Near Field Communication tags — stickers embedded with wireless technology — were seen as a bridge technology for contactless payments in the U.S. before phones came with NFC built-in. In India, however, NFC tags are proving to have a much longer shelf life.

Because of zero liability rules, consumers rarely share the extent of the concerns banks have over account security. But their fears might be growing.

For many JPMorgan Chase customers and Android device users, a hint of a marriage between the large issuer and the prevalent mobile wallet is welcome news.

If there is a takeaway from Citigroup's not-quite-stellar rollout of the Costco Anywhere Visa card, it is this: Even in modern times, the transition of large card portfolios from one issuer to another can prove disastrously complex.

Acquirers and independent sales organizations have long heard a similar refrain: Adjust to the fast pace of technology or perish.

Industrial Credit and Investment Corporation of India has launched a payment service through its mobile banking app using smartphone keyboard technology developed at one of its mobile development challenge events.