David Heun

Two years ago, Marriott split its customers between two card issuers following its acquisition of Starwood Hotels. Rather than choose one over the other, the chain has challenged Amex to draw a clear line between its cobrand card and that issued by Chase.

Following a series of high-profile merchant defections, the Plenti multi-merchant rewards program will end on July 10. The program's treatment of merchant exclusivity may have proven too limiting.

By any measure, if Visa can trim more than two weeks off a chargeback dispute, it should help merchants and cardholders. But like many efforts to improve the payments market, it won't be an easy change.

Sapphire Ventures and Cervin Ventures were involved in the Series B funding round, bringing their total of support to $31 million for Mountain View, Calif.-based Punchh.

Web and mobile bill payment provider Doxo is taking its first step into cash payment options by partnering with Coinstar to enable cash bill payment at thousands of coin-counting kiosks in retail locations.

Even though a denial-of-service attack on an e-commerce site is not classified as a breach because data is usually not compromised, the 2018 Verizon Data Breach Investigations Report claims it is a growing menace to merchants who rely solely on their websites.

Mastercard and IBM have founded a company with a very narrow goal: to help organizations scramble their data to thwart hackers and comply with Europe's General Data Protection Regulation.

In seeking to solidify that potential, FIDO Alliance and the World Wide Web Consortium have created Web Authentication (WebAuthn), a new standard that allows approved FIDO Authentication methods to operate through browsers.

The Masterpass digital wallet will become embedded into the My Phillips 66 app later this year, enabling customers to pay at the pump or in the convenience store.

Ann Cairns has been named vice chairman at Mastercard, effective June 1, moving on from her role as president of international markets for the card brand.