David Heun

Google's Android may have more smartphones in circulation, but Apple's iPhone is responsible for the bulk of the spending from mobile wallets.

Payments technology tester and certifier Fime will serve a one-year term to represent the technical associates program on the EMVCo board of advisors.

While PayPal deals with Consumer Financial Protection Bureau probes related to its consumer credit products, one of the company's founders is forging ahead with a company he created to develop its own consumer credit service for e-commerce.

In theory, all parties benefit when consumers have their choice of payment options, but the deluge of new technologies has led issuers to respond in ways that could create lasting frustration for consumers and merchants.

The Weve joint venture is breaking up, with Telefonica O2 buying out the U.K. telcos that joined it four years ago in planning a country-wide mobile payment system.

Visa Europe plans to increase V.me digital wallet use this year by getting more U.K. issuers and retailers involved in the online payment service.

Visa Europe would like to be where Apple Inc. is — at least in terms of its technology and product development.

Data security organizations have developed an EMV chip-card education program to help independent sales organizations and software vendors simplify testing and certification for their merchant clients.

If banks and retailers want a piece of the mobile wallet pie that Apple Pay is steadily gobbling up, Nacha says it has a formula to achieve that.

Bindo is providing merchants using its iPad-based point of sale software an entry into e-commerce.

Ironically, two current U.S. payment security initiatives – the EMV chip-card migration and the faster payments project – will prompt hackers to find new ways to compromise banking networks.

Dekkers Davidson, called a "rock star" of mobile payments when he became head of the Merchant Customer Exchange two years ago, has left the building. But the show must go on for the merchant mobile wallet.

Apple Pay, slowly and steadily, is gaining ground as a preferred method of mobile payment. And it may have a lot to do with the steady release of Apple products that support its mobile wallet.

To address integration concerns for retailers, Bindo is connecting its iPad-based point of sale software to Powa Technologies' hardware for clients in the U.S. and Asia.

The Apple Watch officially goes on sale today, bringing Apple Pay to the wrists of many consumers, but the device's competitors — a large number of increasingly sophisticated and far less expensive wearables — are also attracting the attention of Apple Pay issuers.

Loyalty programs have long relied on the point of sale interaction to inform consumers of their rewards and discounts, but the rise of mobile is changing consumers' expectations.

Total System Services Inc. will begin processing payments for third-party clients that participate in the American Express OptBlue program.

No security offering can totally eliminate network data breaches, but fast detection can prevent a successful attack from becoming a large-scale disaster.

An advanced strain of malware is capable of attacking Windows point of sale terminals, stealing cardholder data and upgrading itself while hiding in plain sight.

China's renminbi is quickly climbing the ladder of global acceptance, but many multi-national corporations are not prepared to accept cross-border payments using that currency.