David Heun

Mobile banking technology provider Monitise Plc has informed its shareholders that Visa Europe will reduce its investment in the company, but will complete a three-year commercial agreement to develop services and finish products.

Apple's customers not only love buying Apple devices, they also love using Apple devices to spend more money at online and mobile commerce sites.

PayPal is putting a lot of effort into ensuring that the company that emerges from eBay ownership this month is a much different — and more powerful — creature than the one it has been until now.

Since the growth of online retail, payments providers and acquirers have wrestled with the ethical questions and the risks surrounding gun sales, marijuana shops, pornography sites and other businesses that carry a stigma.

The migration to EMV-chip cards is proceeding at a slow crawl at many merchants. But in the restaurant industry in particular, many proprietors see it as an unnecessary ingredient.

When Citi launched its Apple Watch app three months ago, it made the tough decision to offer it as a separate download from its Citi Mobile iOS app, rather than integrating it directly.

After testing Messenger person-to-person payments in New York City, Facebook has expanded the money transfer service to the entire U.S.

The ACHBanking payment processing gateway has added Office of Foreign Assets Control standards to its service to better comply with regulations for preventing fund transfers between parties on government watch lists.

As more retailers consider uses for tablets in their stores, Moki Mobility Inc. figures it is in the right place at the right time to offer its cloud-based point of sale management technology.

Payment providers that don't move to support more integrated digital commerce may find themselves unable to serve the "connected consumer" of the future.

Payment technology provider Cayan says it has become one of fewer than 20 American companies to earn Level 2 EMV certification from standards governing body EMVCo.

Just as the Apple Watch prepares to land in the U.K., Barclaycard is launching three new high-tech accessories of its own — and borrowing Apple's practice of attaching a higher-than-average price tag to its wares.

Western Union says it will suspend money transfer services in Greece as the country deals with the government's decision to shut down all banks and the stock market for six business days.

An Automated Clearing House joint venture in Europe will help handle increased cross-border transactions in the Single Euro Payments Area and keep the processors on track to adjust to any future faster payments initiatives.

While nobody knows what technology entrepreneur and payments executive Jack Dorsey will do next, a series of circumstances are making Twitter a possible permanent move.

Only two weeks after launching its SEQR mobile payment app in the U.S., Seamless is bringing the wallet service to the U.K.

Online payment processor Allied Wallet has joined the Saxo Payments Banking Marketplace, allowing it to immediately accept and settle payments globally in multiple currencies at a lower cost.

Trustwave researchers have discovered a vulnerability in RubyGems, a software distribution programming language that's used for many payment processes.

Business-to-business payment provider Traxpay Inc. has hired a former PayPal and MasterCard executive as its chief operating officer.

The U.S. likely didn't need an extra shove to adopt an international payment messaging standard vital to a faster payments network but, just in case, the U.K.'s Payments Council is making it easier to do so.