David Heun

Corporate credit cards have long been favored for expenses, but are not appropriate for all situations and are not available to all employers and employees. Just as prepaid cards have brought more of the unbanked into the financial system, stored-value cards could also push past the limitations on credit card-based expense systems.

No matter how the European payments landscape looks after the European Commission's new version of the Payment Services Directive takes effect, merchants can almost certainly expect lower rates for accepting card transactions.

The telco-backed mobile wallet Softcard is at a significant crossroads. Though it once saw the debut of Apple Pay as an opportunity, Apple may actually be edging its rivals out of the market, and Softcard's next move will decide not only its own fate but also the strategies of the banks and merchants that could benefit from its technology.

The introduction of Apple Pay has also thrust Near Field Communication-based contactless payment technology out of the wings and into the spotlight.

Apple Pay has secured a dominant position at the point of sale, with two thirds of all U.S. contactless payment volume coming through Apple's new mobile wallet, according to Apple CEO Tim Cook. But this may not be the boost to mobile payments that many experts have long predicted.

Mobile payment and commerce provider Mozido LLC is bringing on a former MasterCard executive as its president for global markets.

Amazon.com's decision to quietly shut down its digital wallet app last week shows an uncharacteristic caution on the part of the e-commerce giant. Merchants throughout the Web use the company's e-commerce services, but the mobile and digital payments world is considerably more cutthroat.

The 16th hole at the Waste Management Phoenix Open PGA tour event at TPC Scottsdale has become golf legend because it is the only time on the tour in which fans cheer and jeer each tee shot as if at football game.

Janell Thompson and Katarina Maloney say choosing the "wrong" name for their company was all it took to run afoul of banks and be labeled as co-owners of a high-risk business.

MasterCard will remove the current block on U.S.-issued card transactions in Cuba starting March 1, 2015.

Mergers and acquisitions among payments companies rose 44% in 2014 compared to the year before.

2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.

2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.

Lower gas prices are prompting more card spending on restaurants, hotels and other discretionary categories, according to Richard Davis, U.S. Bancorp's chairman, president and CEO.

Online money transfer service WorldRemit has signed a partnership with a telco that serves Africa, Asia and the Middle East to enable its customers to send money to mobile wallet users in those regions.

Turning off your phone before you go into church is probably a good idea — unless you plan to make a donation.

The upcoming Apple Watch, which does not have a built-in fingerprint reader for Touch ID authentication, will use a four-digit passcode to engage Apple Pay for mobile payments.

Businesses that don't take full advantage of their security software are wasting money and facilitating the hackers seeking access to their payment data.

Cloud-based payments and financial services provider Bottomline Technologies has acquired Intellinx Ltd., enabling it to offer clients anti-fraud and risk management software.

Banks in Europe are selling digital gift cards alongside traditional bank accounts, allowing online consumers to buy credit for Facebook, Nintendo, Spotify and other content providers.