David Heun

With the advent of 3-D Secure 2.0, Underwriters Laboratories sees the e-commerce security standard as a launching pad for the company's advancement in the digital payments world.

PayPal's new Funds Now service should be the norm, according to the company, which will provide immediate funds access to small businesses in good standing.

The Society for Worldwide Interbank Financial Telecommunication says a pre-validation system it will launch soon to catch payment message mistakes prior to dispatch should increase the number of payments reaching beneficiaries in less than 30 seconds.

The World Wide Web Consortium (W3C) is sending a message to the payments industry that it might not be wise to wait on the card networks to solve the growing problem of mobile and online payments fraud.

Digital banking software provider Kony DBX will partner with Payveris to offer open-technology based digital payments.

New Merchant Advisory Group chief John Drechny will push open standards for payments acceptance and security technology that doesn't impact customer experience.

The Lightning Connector eliminates the need for merchants using the Square Reader to rely on a 3.5mm headphone jack of a smartphone or tablet to operate with its mobile app.

The DirectRemit service will enable the large British population in the UAE to send funds to family members' Lloyds Bank accounts in less than 60 seconds and to other U.K.-based banks within an hour.

Everything's in place for mobile payments to supplant plastic cards in the U.S. — except for a compelling reason for the transition.

In the same way a card skimmer steals credentials at an ATM, gas pump or point-of-sale terminal, the Magecart malware hides beneath the surface of a website with a digital skimmer to obtain card and personal information.