David Heun

The field of P2P competitors has grown significantly since JPMorgan Chase, Bank of America and Wells Fargo founded clearXchange LLC in 2011, and the mega-banks' initiative still looks very much like it did three years ago.

While PayPal has not taken a firm position on whether it sees Apple's foray into payments as a competitive threat or potential partner, Apple's addition of PayPal as an option for its online stores suggests an openness to cooperate on basic functions.

MasterCard has expanded its digital wallet reach in Europe through separate deals in France and Russia and by granting a license to Smartlink SA to white-label MasterPass.

Dwolla is expanding its direct bank transfer services to allow its account holders to send payments to a recipient's e-mail address for automatic routing to a bank account.

In a breach incident that illustrates how long a company can do business without knowing fraudsters are potentially stealing its card data, Charge Anywhere LLC informed its merchants it has found and shut down malware that initially entered its network five years ago.

Rallying its members to wipe out passwords, the Faster IDentity Online Alliance — an organization of more than 150 payments and technology businesses — released standards Dec. 9 for multi-factor e-commerce authentication.

?Square Inc. has hired former Visa marketing executive Kevin Burke to lead its customer acquisition initiatives in retail, paid, Web and events marketing channels.??

Despite the many high-profile breaches that occurred over the past year, too many businesses have not adopted strong security practices and as many as a third don't have a clear understanding of where their sensitive data is stored or how it is protected.

Zomato hasn't been able to add payment capabilities to its restaurant discovery app in its home base of India, but the company has found a more welcoming audience in Dubai, where it plans a pilot next month.

For Cubic Transportation Systems, the term "NextCity" describes a city in which consumers use a single account for transit and parking while making payments through a smart card or mobile app.

Revel Systems plans to expand in Europe after securing a $1.2 million grant from Invest Northern Ireland.

Swift's initial move into faster domestic payments in Australia sets the groundwork for expansion into other markets, including the U.S.

Bitcoin wallet providers have had a touchy relationship with prepaid cards. But whether or not these companies care about plastic, they should care about how the Consumer Financial Protection Bureau's prepaid proposal affects them.

The annual Cyber Monday shopping holiday is a boon to mobile payments, but remains a significant challenge for e-commerce security.

Discover's lawsuit this week against Visa stems from years of practices that have their root in the Durbin amendment's debit-routing mandates, and Visa will likely have several ways to counter its rival's allegations.

Discover's lawsuit this week against Visa stems from years of practices that have their root in the Durbin amendment's debit-routing mandates, and Visa will likely have several ways to counter its rival's allegations.

Seeing an opportunity to advance international and online debit transactions and take advantage of a growing mobile payment market, MasterCard is working to establish a debit card presence next year in Canada.

A year after the Target data breach prompted retailers to step up their migration to EMV-chip acceptance, many consumers finally have EMV cards or can access the same security through Apple Pay's new mobile wallet. But will they finally change their habits?

Chip testers FIME and Barnes International have developed a card personalization tool designed to help banks and card manufacturers get MasterCard-branded EMV-chip products to market sooner.

In a sign of the success PayPal has had in marketing its digital wallet, slightly more than half of consumers surveyed said they would choose PayPal over the other mobile payment options available for holiday shopping in stores.