David Heun

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.

Modern consumer cars may not be as full-featured as the Batmobile or Knight Rider's KITT, but they are getting closer, and a growing number of financial companies want to put their products under the hood.

Apple Pay may be just what the doctor ordered for health care payments, with its emphasis on both security and communication.

The Payment Card Industry Security Standards Council released its 3.1 update to the industry's data security standards April 15 to address the payment data vulnerabilities of the Secure Sockets Layer encryption protocol.

The restaurant chain Olive Garden will begin using Ziosk tablets to accept payments at the table starting next month.

Smart Communications Inc. has secured an issuing and acquiring license from Visa for its Smart e-Money electronic payment business in Southeast Asia.

The Canadian government is extending its code of conduct for payment cards to any mobile transactions, while also assuring retailers that any savings from reduced interchange will be passed along to them.

Digital payment providers are finally earning the same level of consumer trust that banks have long cherished.

Mobile wallet developers need only look to the prepaid card business to find a suitable partner, one that has already been down a path mobile has just started.

If Apple Pay comes to Spain anytime soon, supermarket chain Mercadona will be ready for it.

Executives at card networks and issuers are concluding that tried-and-true marketing methods can still expand card acceptance in an increasingly digital world.