David Heun

First American Payment Systems is bringing another mobile point of sale system into the crowded marketplace of companies seeking small-merchant business.

Mere days after disclosing that Google Inc. purchased Softcard's technology and intellectual property, the telcos' mobile wallet venture began publicly disclosing its plans to shut down.

Mere days after disclosing that Google Inc. purchased Softcard's technology and intellectual property, the telcos' mobile wallet venture began publically disclosing its plans to shut down.

French tech consultancy FIME is partnering with cybersecurity provider Thales e-Security to encourage use of Host Card Emulation technology for contactless mobile payments.

Merchants opposed to the U.S. migration to EMV-chip cards have long questioned whether the security benefit is worth the expense of putting in new payment terminals. American Express is taking some of the cost out of the equation, but even this move might not be enough to bring most merchants on board.

Consumers in North Dakota are far less likely to experience an incident of e-commerce fraud than those living in West Virginia. Knowing this informs Forter's monitoring of e-commerce fraud.

Host Card Emulation, the technology that allows contactless mobile payments without access to a phone's secure element, could bust the barrier that still lingers between mobile payments and loyalty.

Google is buying some technology and intellectual property from the rival Android-based mobile wallet Softcard, giving Google a chance to finally put to bed several business problems that have plagued the company since it launched its mobile wallet in 2011.

Responding to reports last week that its encryption keys had been stolen by U.S. and British spies five years ago, Gemalto contends its products are secure and announced it would reveal results of its investigation into the claims at a press conference Feb. 25 in Paris.

Responding to reports last week that its encryption keys had been stolen by U.S. and British spies five years ago, Gemalto contends its products are secure and announced it would reveal results of its investigation into the claims at a press conference Feb. 25 in Paris.

With Apple Pay gaining momentum, Google Inc. reportedly is planning to relaunch a new version of its wallet in late May at the Google I/O, according to The Wall Street Journal.

Gemalto, which manufactures SIM cards and EMV chips, is investigating a report that U.S. and U.K. spy agencies hacked into the company's network and stole mobile phone encryption keys, a technology also used to secure card data.

The apparent hack of Gemalto by U.S. and U.K. spies casts doubt over several security measures vital to the payments industry as it embraces chip cards and adopts digital payments.

Banks and processors often avoid small direct response businesses out of risk concerns, though the category fits right into EVO Payments International's multi-media sweet spot.

Cloud-based mobile payment provider P97 Networks Inc. will partner with Fiscal Systems Inc. to enable gas pumps and station convenience stores to provide customers smart-phone based payment options.

Visa Inc. has opted to transfer its card transaction processing in Russia to a local payment system rather than pay a security deposit to do business in the country.

Visa is putting a more global push behind Visa Checkout than it has in any previous attempt to create a universal digital wallet for e-commerce.

Encryption has become a political hot potato for the Payment Card Industry Security Standards Council as it compiles a list of validated encryption vendors and services - and leaves off some companies that say they deserve to be recognized as secure.

Starbucks' decision to support Apple Pay within the coffee chain's mobile payment app seems like a natural alliance of two major forces in mobile payments, but it raises a significant question: Why not do the same with Square, with which Starbucks has much deeper ties?

Bluefin Payment Systems is making point-to-point encryption available to large merchants that use Heartland Payment Systems as a processor, a key move as U.S businesses grapple with the migration to chip cards.