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.

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.

With Barclays at long last offering Apple Pay to its customers, Apple can now say it has a lineup of the U.K.'s largest banks supporting its mobile pay system.

Amazon's new global partner program focuses on working with online platform providers and developers, similar to how mainstream payment technology companies work with independent sales organizations to reach new clients.

Verifone is hoping to beat the payments disruptors at their own game, introducing a mobile point of sale terminal for quick-service businesses, small retail shops and cafés that integrates payments with other consumer services.

The migration to EMV chip cards in the U.S. has hit enough snags that some may wonder if it's better to let someone else smooth things out.

In one of its biggest splashes since first making Amazon Dash Button payments available nearly a year ago, the Seattle-based online shopping giant says it has tripled the number of brands that support its WiFi instant ordering system.