David Heun

Facebook is urging companies across the board to embrace mobile technology before another disruptor comes along and renders their organization irrelevant.

Since the introduction of Bluetooth beacons as enablers of in-store location-based marketing, many have seen a clear connection between beacons and mobile payments. As the technology evolves, the connection is not quite as clear.

Kyle Largent offered himself up as "Exhibit A" for U.S. online merchants' greatest fear: that EMV chip card adoption at the point of sale would cause fraud to spike online.

When it was created in 2006, the Payment Card Industry Security Standards Council was billed as an independent body to manage the data security standards process for the payments industry. It has been under fire from merchants ever since.

Mobile wallet providers and retailers have been hunting for the magic formula to seamlessly blend loyalty and mobile payments, in the hopes that one would inevitably fuel the other. But it's a delicate recipe, and easy to get wrong.

Most mobile wallet providers and retailers have been hunting for the magic formula that would seamlessly blend loyalty and mobile payments, in the hopes that one would inevitably fuel the other. But it's a delicate recipe, and very easy to get wrong.

The Society for Worldwide Interbank Financial Telecommunication, or Swift, has the ability to oversee security on its network and demand far more of its members to coordinate those efforts. But its current structure may not be the best suited to do that.

Merchants sued Visa and MasterCard in 1996 when the card networks forced them to "honor all cards," and though the suit settled in 2003, the wounds are reopening with the spread of mobile wallets.

PayPal's split from eBay was supposed to sweeten its appeal to merchants, but it’s also stoking rivals in the payments industry — in particular Visa CEO Charlie Scharf.

Consumers using mobile wallets or mobile banking apps are generally more engaged with their banks or retailers, creating a richer behavioral profile — and fraudsters are looking to exploit this by taking over these users' devices and, by extension, their bank accounts.