David Heun

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.

If a fraudster doesn't know a credit card verification value code, it creates a major hurdle in attempting a card-not-present transaction with stolen cards or credentials.

ACI Worldwide will provide the payments framework to allow international money transfer provider TransferWise to add more services to its network.

SunTrust Banks Inc. introduced enhanced rewards and bonuses with three new credit cards for customers about seven weeks after the October EMV liability shift, gaining some headwind with the added security of chip cards and an offer of free FICO score reporting.

Mobile ticketing and payment provider Masabi has received $12 million in funding from various investors, including MasterCard.

Apple Inc. is reportedly working with Boku to bring a carrier billing option to iTunes users in Russia.

The "last mile" of a business-to-business payment, as funds reach a destination bank account, needs common standards and transparency as more companies eliminate paper checks and move to digital transactions.

Mobile wallet and commerce provider Mozido continues to spread its wings with the launch of contactless payment capabilities for TWallet users in Indonesia.

Krispy Kreme's new payment and loyalty app is betting big on customers' appetite for donating to charity.

The introduction of EMV cards didn't significantly slow transaction times at U.S. retailers during the Black Friday shopping event, but there are still many wrinkles to iron out at the point of sale.

Mobile wallets have long struggled to displace cash and cards, so Ingo Money chose a different target: check-cashing.

Lovers of Krispy Kreme doughnuts and coffee now have a mobile app to pay for their purchases and receive rewards.

While consumers hunt for deals during the holiday online shopping frenzy, fraudsters are doing the same — using the credentials they've hoarded from any number of data breaches the past year.

WorldRemit app users can now send funds to any bank account in Vietnam, as the money transfer provider expands into Southeast Asia.

To counter the rising rate of e-commerce fraud, U.K.-based myPINpad plans to provide a virtual PIN pad for mobile-generated online transactions through the VocaLink network for the next five years.

ShopKeep's most recent survey of its 20,000 merchant clients shows two mobile payment trends at odds with one another.