David Heun

When EMV came to market in Europe in the 1990s, it entered a world with a much less robust communications infrastructure than what the U.S. has today. So, following the launch of EMV in the U.S., Visa decided it was time to break some old habits.

As mobile wallets become more popular they'll also become more popular targets for fraud. Banks ought to improve enrollment guidelines and other security tools in plotting their mobile-wallet strategy.

The Clearing House and FIS say they are less than a year away from testing the first real-time payments network in the U.S., focusing on bill payment through early-adopter financial institutions.

The Chargent payment processing software on the Salesforce AppExchange has integrated with Bank Centric Payments to create a new gateway option and bolster “real time” transaction processing.

BBVA Bancomer is partnering with media giant Univision to launch a digital money transfer service for the Hispanic population in the U.S.

President Barack Obama has appointed MasterCard CEO Ajay Banga to an administrative commission focusing on Web security.

With fraudsters gearing up to assault mobile wallets, U.S. financial institutions considering a bank-branded mobile wallet would be wise to take note of the lessons learned when Apple Pay made its debut in the fall of 2014.

BBVA Bancomer is partnering with media giant Univision to launch a digital money transfer service for the Hispanic population in the U.S.

If the EMV chip-card migration in the U.S. taught the payments industry anything, it's that some players meet compliance deadlines, while others let them slip by.

Financial services and payments technology provider Affirm says it has raised $100 million in a round of equity funding.

Global consumers have an appetite for U.S. goods, but American e-commerce merchants are making it too hard to pay, according to PayPal-sponsored research.

Nearly 60% of merchants using ShopKeep's tablet-based mobile point of sale software predict that half of consumers will be using mobile payments as a primary payment form by 2018.

Ingenico Group has acquired a startup company that will help the French terminal manufacturer advance "screen commerce" by connecting devices to display screens for payment, marketing or loyalty programs.

Wireless transaction and security company Apriva is pushing EMV mobile point of sale software, extending a partnership with iPayment Inc. to serve small and midsize businesses.

Many consumers still prefer to use cash when they owe someone else money. And plenty owe the Internal Revenue Service money at this time of year.

Those suffering from a specific disease or just willing to participate in a clinical trial generally do so to advance research, but they also expect to get paid. Yet, delivering funds to trial patients is a chronic pain point with few remedies.

If merchants in the U.S. took a cue from their counterparts in Australia and began making consumers pay a surcharge for credit card transactions, it would attract more backlash than revenue.

Card-not-present fraud is creating "silent revenue killers" for card issuers because many consumers will close their accounts after dealing with fraud from shopping online, new research indicates.

A data encryption method that Heartland Payment Systems CEO Robert Carr swears by has received high-level acceptance as part of a new standard.

Swift is moving into the testing phase of its global payments initiative, saying 21 banks have started a pilot for clearer communication amongst banks making and accepting cross-border payments.