David Heun

Of all the companies in the payments landscape, few have changed as much as PayPal has in the past year. And heading into the new year, the newly independent alternative payments company is showing no signs of slowing down.

Revel Systems has opened a new office in London to facilitate its growing business in Europe, the Middle East and Asia.

The Internet of Things is ready to take off in modern retail in the coming year, spurred by a growing connection to consumer payments.

One in every three card-present transactions globally from July 2014 to June 2015 involved an EMV-chip card, according to EMVCo.

The U.S. migration to EMV chip cards garnered most of the spotlight in 2015, but the October liability shift was just the start.

The U.S. migration to EMV chip cards garnered most of the spotlight in 2015, but the October liability shift was just the start.

Banks have all the experience they need to remain relevant in the world of digital payments, but they must not sit idly by as a slew of disruptors look to snag the business.

The Payment Card Industry Security Standards Council has added two years to its deadline for organizations involved in payment processing to upgrade to a more secure Web protocol.

E-commerce and mobile fraud detection and prevention provider Kount Inc. has received an $80 million growth equity investment from CVC Capital Partners.

Merchants using Mangopay to sell through online marketplaces will have an option to set up and accept recurring payments through GoCardless' direct debit network.

Banks are positioned well to be the trusted digital intermediaries, especially in the business-to-business segment, but only if they stay ahead of the innovation curve.

Crowdfunding platform provider Veterans Call has launched a payment application that allows users to donate to veteran charities from their mobile phones and pay through their phone bill.

Following its promise to make mobile point of sale products a key revenue-driver for the company, Verifone Payment Systems released a new mobile card reader for independent and micro merchants.

Despite the incessant fanfare around mobile wallets, biometrics and the Internet of Things, the slow-and-steady move to EMV security is in the spotlight of Verifone's revenue prospects in the coming year.

Retail executives suffer from a false sense of security regarding how their employees follow procedures to keep payment data safe — especially at this time of year when companies hire seasonal help, yet provide those temporary employees with access to account information.

Though it seems as if the Merchant Customer Exchange has been stuck in the same mud the past year — still testing its CurrentC mobile wallet with no true launch date set — much has happened to support those who believe the retailer joint venture could still land squarely on its feet.

Even though Walmart has been a key member and driving force behind the Merchant Customer Exchange joint venture to establish a new mobile wallet, the retailer's addition of Walmart Pay to its mobile app is consistent with strategy, and will lead to a wave of individual bank and retailer initiatives.

Even though Walmart has been a key member and driving force behind the Merchant Customer Exchange joint venture to establish a new mobile wallet, the retailer's addition of Walmart Pay to its mobile app is consistent with strategy, and will lead to a wave of individual bank and retailer initiatives.

Boku had to stay mum last week about its involvement in powering Apple Inc.'s carrier billing option in Russia, but there is no such gag order this week regarding the company's partnership with Microsoft.

For mobile commerce provider Cardfree, landing a deal with Dunkin' Donuts to upgrade its app to include pre-ordering and payment is like a trip to the past.