David Heun

If a fraudster doesn't know a credit card verification value code, it creates a major hurdle in attempting a card-not-present transaction with stolen cards or credentials.

ACI Worldwide will provide the payments framework to allow international money transfer provider TransferWise to add more services to its network.

SunTrust Banks Inc. introduced enhanced rewards and bonuses with three new credit cards for customers about seven weeks after the October EMV liability shift, gaining some headwind with the added security of chip cards and an offer of free FICO score reporting.

Mobile ticketing and payment provider Masabi has received $12 million in funding from various investors, including MasterCard.

Apple Inc. is reportedly working with Boku to bring a carrier billing option to iTunes users in Russia.

The "last mile" of a business-to-business payment, as funds reach a destination bank account, needs common standards and transparency as more companies eliminate paper checks and move to digital transactions.

Mobile wallet and commerce provider Mozido continues to spread its wings with the launch of contactless payment capabilities for TWallet users in Indonesia.

Krispy Kreme's new payment and loyalty app is betting big on customers' appetite for donating to charity.

Mobile wallets have long struggled to displace cash and cards, so Ingo Money chose a different target: check-cashing.

The introduction of EMV cards didn't significantly slow transaction times at U.S. retailers during the Black Friday shopping event, but there are still many wrinkles to iron out at the point of sale.