David Heun

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.