David Heun

U.S. merchants are still reluctant to embrace 3D Secure technology to protect card-not-present transactions, even though it has vastly improved from the initial tedious version that irritated consumers more than a decade ago.

Square, which has been selling its Apple-friendly new reader for $49 on its own site, revealed Feb. 3 that it will sell the readers for the same price at Apple stores.

Seeking a way to rid its network of paper tickets, rail operators in the U.K. are extending the use of contactless ticketing through smartphones or cards.

The European Commission wants to snuff out terrorist funding, a strategy that could include tight monitoring of cash and Bitcoin, and national account registers.

For many e-commerce merchants, the migration to EMV-chip card security at the point of sale — and the expected shift of fraud to the Web — is akin to a message in a bottle that hasn't washed ashore. Too many simply don't know about it.

Fraudsters focusing on attacking account creation apparently like the trend of merchants storing consumer payment data to make repeat purchases easier for shoppers.

On the surface, traditional bankers and third-party disruptors may not always have the same approaches in mind, but the gap between their goals and how to go about it is increasingly getting smaller.

Barclays is reportedly informing customers that it is planning to post an update to its U.K. website and through Twitter to indicate when it will support Apple Pay.

It can't be labeled simply as a faster payments initiative or even an attempt to rework cross-border payments rails, but Swift's Global Payments Innovation initiative is definitely on a fast track.

Splitit has expanded its interest-free installment payments technology to health care providers, enabling their patients to receive instant approval to finance health care costs through their Visa or MasterCard credit cards on file.