David Heun

The age of the standalone wallet app, though still in its infancy, may already be making way for a new mobile payment regime.

Lloyds Banking Group has joined the list of U.K. banking companies that support Apple Pay.

Mobile payment and commerce technology provider Mozido has established a cross-border e-commerce payment connection between China and Russia, a project that resulted from its purchase of Beijing-based PayEase Corp. earlier this year.

Any EMV detractors saying the two-decade-old security against counterfeit cards has long passed its time are likely not aware of what the future has in store for the chip-based technology.

Banks and payment companies have been bearish on Bitcoin, but the virtual currency's underlying technology is growing in popularity and attracting investment.

Because federal regulations threw a wrench into the debit card industry as it prepared for EMV, merchants will be accepting primarily EMV credit cards when the liability shift hits in exactly three weeks.

Android Pay is in the market, and it joins a mix of mobile pay ventures such as Apple Pay and the pending Samsung Pay that will drive a revolution in how people engage retail and execute transactions.

With the EMV liability shift less than a month away, U.S. merchants have far more on their plates than merchants in other countries had when only weeks from migrating to chip-based payment cards.

Retail ATM provider Cardtronics Inc. has renewed its service agreement with Target Corp. as the exclusive provider of ATMs for the national retailer.

Kash Corp. is prepared to move into the money transfer world, launching an application programming interface (API) that will allow companies of all sizes to accept direct debit payments without credit card fees.