David Heun

The Shazam electronic funds transfer network has appointed Paul Waltz as its president and chief operating officer in anticipation of CEO Michael Hollinger's retirement next year.

Nearly 20 years ago, Visa executives celebrated a milestone for the card brand's global VisaNet payments network. The system could finally handle 1,000 transaction messages per second.

Getting payment cards operating under a Single Euro Payments Area framework is the next big hurdle facing those seeking a common system in Europe.

Underwriters Laboratories has been testing physical products for safety for more than 100 years, and the company has joined the payments industry at an opportune time.

By adding data analytics to its Square Register platform, Square Inc. says it is giving merchants of all sizes the kind of tools that larger retailers use to increase sales.

The paper check is being eliminated as a redemption option in JPMorgan Chase's rewards program as the issuer encourages consumers to request statement credits instead.

Square Inc. has received an investment from Victory Park Capital that it says will allow the company to significantly expand its Square Capital business financing program.

Payment software provider Oxigen Services India Pvt. Ltd. plans to update its mobile wallet with a virtual Visa card for online payments, a move that furthers both its financial inclusion efforts and its bank partnerships.

The paper check has received another death knell, as it is being eliminated as a redemption option in JPMorgan Chase's Ultimate Rewards Program as the issuer encourages more consumers to request statement credits instead.

Fiserv has hired Jamie Topolski, an executive with experience in bank payments technology, to oversee emerging payments and EMV-chip card implementation at the Brookfield, Wis.-based financial services technology company.

Tanjarine is looking to improve card security in restaurant payments as it deploys a tablet-based system that is also meant to improve the customer experience.

The launch of Visa Checkout has attracted more interest from consumers than the launch of its earlier digital wallet incarnation, V.me, according to one of its first bank partners: PNC Bank.

Using the format of a Top 10 list, Square Inc. attempted to set the record straight on various perceptions of its business that it insists "are totally bogus."

People are still using pedestrian passwords that are easy to break, security company Trustwave has found.

The launch of Visa Checkout has attracted more interest from consumers than the launch of its earlier incarnation, V.me, according to PNC Bank.

Heartland Payment Systems has purchased the mobile point of sale vendor Leaf to improve its capabilities for small businesses.

Payment technology company ACI Worldwide has completed its $205 million purchase of the security vendor Retail Decisions Plc (ReD).

Online payment provider paysafecard is offering its customers a plastic prepaid MasterCard card to extend the company's e-commerce offering into the physical retail world.

Total System Services Inc. is offering a tokenization service to secure payment card information for merchants accepting online, mobile or digital wallet payments.

Online cash payment provider Ukash is partnering with Numny, an electronic payment provider, to expand options for consumers in Saudi Arabia.