David Heun

Ukash is expanding its reach in Spain by working with Logista, giving the online cash payment provider a presence at nearly 13,000 more point of sale terminals in the country.

Banks will listen carefully to what regulators say next about virtual currency in the U.S., but in the meantime many financial institutions view Bitcoin as far too risky to touch.

Even though the U.S. has suffered a flood of retail data breaches, the payments industry has to take a global view of any security measures it adopts.

Not all transactions have the same need for speed, so the Federal Reserve Banks' financial services unit will start with a narrow focus as it evaluates the development of a faster payments infrastructure in the U.S.

Ingenico Group is leveraging its experience in EMV-chip terminal upgrades and new momentum from Apple Pay to better position itself for the U.S. conversion to smart-card technology.

Spire Payments will supply Indian Overseas Bank with more than 7,500 mobile point of sale devices in its mPOS deployment in the Chennai region of India.

Revel Systems' deal with the New Orleans-based Smoothie King franchise will be the largest deployment to date of its iPad point of sale software.

Just a few days after debuting on Wall Street with one of the biggest initial public offerings to hit the U.S. market, Chinese e-commerce giant Alibaba Group Holdings has joined the Fast IDentity Online board.

Business-to-business payments provider Traxpay Inc. will expand its reach by routing B2B transactions across MasterCard Inc. rails.

Merchants using Revel Systems' iPad point-of-sale software will now have the option to incorporate Web ordering into the system, and will also be able to accept Apple Pay when Apple's mobile wallet launches next month.

Banks must take the time to educate mid-size business clients about how to defend themselves against hackers, Javelin Strategy & Research says.

Device manufacturers and banks come to Trustwave for a glimpse at how criminals would exploit the technology they use.

Direct carrier billing provider Boku Inc. will partner with Corethree to allow consumers to pay for bus tickets on their mobile phone bills.

Consumers in China using the Alipay Wallet will be able to use fingerprint scanning technology from Nok Nok Labs to replace passwords when engaging the wallet for e-commerce payment transactions.

It's time for the Payment Card Industry Security Standards Council to work with acquirers in providing merchants with "PCI in a box," said Stephen Orfei, the council's new general manager.

Chase Paymentech has opened three developer labs in the U.S. to accelerate Apple Pay adoption in mobile commerce.

Apriva has added data analytics and business management tools to its payments software for bank and merchant services clients, along with a Web portal where merchants can review consumer behavior.

The term "opinion leader" has been used to describe those consumers who are wealthy, involved in their communities and knowledgeable about the world around them. Turns out, they also spend the most money on credit cards.

"What you are seeing is a company like Apple, representing 40 percent of operating system penetration, helping introduce [tokenization] for us in a way that consumers will find comfortable and easy to adopt," said Matthew Dill, Visa's senior vice president and head of innovation and strategic partnerships.

The Payment Card Industry Security Standards Council is providing updated guidance for merchants to protect against fraudulent card skimming, which it says costs U.S. businesses and consumers $8 billion a year.