David Heun

American Express Co. is pulling new levers to build its business with small merchants and drive mobile wallet adoption, emphasizing its work with Apple Pay.

American Express Co. is pulling new levers to build its business with small merchants and drive mobile wallet adoption, emphasizing its work with Apple Pay.

Next year's updates to the Payment Card Industry data security standards will give compliant retailers better protection, but hackers will be targeting the weaknesses of companies that don't put in extra effort.

Fuel retailers may shudder at the potential costs of upgrading gas pumps for EMV chip-based card acceptance, but they are a prime target for vendors offering secure mobile payments and deeper fraud-screening analytics.

Early next year, consumers in New Zealand will have the option of making payments through the Semble mobile wallet.

Merchants hope this year's holiday shopping season is better than last year, when high profile data breaches stole the headlines.

Online authentication software from Nok Nok Labs now supports Apple's TouchID application interface, enabling consumers using any custom iPhone applications to leverage the fingerprint scanner for authentication.

GoDaddy Operating Co. Llc has made a series of payments technology deals that are designed to give merchants an incentive to remain with the online domain name registrar.

As Federal Reserve Bank leaders continue to study the business case and complexities of establishing a faster U.S. payments system, FIS contends its past experience in other countries makes its technology the right fit for the initiative.

The introduction of Apple Pay as a mobile wallet competitor illustrates that the payments landscape calls for partnerships and collaboration, rather than a “winner take all” mentality.

Gasoline retailers have three years to upgrade their pumps to accept EMV chip-based payment cards, but most are having a difficult time convincing themselves the cost to do so will be worth it.

Square Inc. has closed its $150 million Series E funding round, putting the payments technology company at a $6 billion valuation, according to a New York Times blog.

ACI Worldwide is flexing its acquired bill payments technology muscle, inking a deal with financial technology provider Shaw Systems Associates Inc. that will allow Shaw's clients to expand loan payment options to their customers.

Wells Fargo Bank NA has joined a growing list of acquirers using an American Express program designed to help smaller merchants accept Amex card payments.

Hamstrung by low consumer and merchant adoption, multi-account cards are still a product in search of a market. But Stratos Inc. believes Bluetooth technology is the tonic that will lure users.

GoDaddy is partnering with online payments provider Stripe to entice small businesses to embrace e-commerce by adding faster credit approval and card acceptance.

Banking and payment technology provider a FIS has completed its acquisition of payment processor Clear2Pay, a transaction it started early last month.

Boku Inc. is working with European mobile network operators to enable users to buy physical goods through its carrier billing service, which previously faced regulatory constraints that limited it to digital content sales.

The recent exploit of Signature Systems terminals, used by Jimmy John's restaurants and other clients, shows that the point of sale is still a key target for hackers. And the addition of EMV-chip technology won't scare them off.

Bank of America plans to issue chip-based debit cards to customers next month, signaling a resolution of the long-standing issues plaguing EMV debit card issuance in the U.S.