David Heun

Russian retail banking software provider BPC Banking Technologies and a consortium of local banks plan to launch a national payment system.

Some debit card users are so loyal to their cards that many would go so far as to say using a PIN is more convenient — and less secure — than a using a signature, according to a recent report from Auriemma Consulting Group.

The attention around tokenization — replacing static account numbers with a one-time-use token — has been good for security but worrying for businesses that rely on a static identifier for future reference.

Square wants to ease the anxiety many small merchants may feel around no-shows when they accept online appointments for their businesses.

Marriott International's efforts to acquire Starwood Hotels and Resorts Worldwide — combining two major hotel chains that have suffered data breaches — should force both chains to reexamine the way they handle sensitive payment card data.

Credit card issuer MBNA has confirmed it will be among the first to offer its customers the Android Pay mobile wallet in the U.K., which Google is expected to launch in the coming months.

If Apple Pay has had trouble finding new markets overseas, perhaps it's no surprise that reports are surfacing of another new frontier: E-commerce.

Boku has expanded its carrier billing mobile payment service into three European markets via a new model that involves handing control over to mobile network operators.

JPMorgan Chase has partnered with Starbucks on a branded, prepaid rewards card, expanding its relationship with the coffeehouse chain.

Despite the steady march of progress in digital and mobile payments, consumers are likely to continue writing paper checks regularly for five or more years, Fiserv says. Paper checks are also entrenched in small business operations.