David Heun

U.K.-based Nuggets is integrating its blockchain technology to existing payment rails, creating a system wherein merchants will no longer have to access or store consumers' personal data.

A director in the foreign-exchange department of American Express has been suspended, as the card brand continues to investigate pricing practices in that division of the company.

Mastercard is counting on its logo to do the talking. It plans to drop its name from the Mastercard symbol in some physical and digital marketing and advertising situations.

Banks, retailers and technology companies have spent years relentlessly working to replace cash with plastic, digital or mobile alternatives. And cash has hit back hard.

As perhaps the world's most wide-reaching, comprehensive data protection rule, the General Data Protection Regulation is having a ripple effect that almost seemed inevitable.

Mastercard has entered a partnership with Sri Lanka telecommunications and mobile network operator Dialog Axiata PLC to support mobile payments on Dialog devices.

Despite years of advancements in mobile and online payments, the physical point of sale remains still ripe for disruption.

Nearly all new payments technologies strive to become as ubiquitous — and as secure — as possible. It's a goal that is harder than ever to achieve.

Visa has a deal to acquire the London-based bank payments provider Earthport for 198 million pounds ($250.6 million U.S.), pending approval from Earthport's shareholders.

The financial services and payments industries are aggressively trying to replace older systems with sleeker technology, but Swift has a separate goal in mind with the Global Payments Innovation system, or GPI.