David Heun

David Sear will be leaving his post as chief executive of Weve Ltd. as soon as the London-based mobile commerce transitions to his successor, the company says.

By combining their payment and personal financial management technologies, Payveris and Geezeo are working to help banks fight the threat of nonbanks becoming consumers' preferred financial destination.

Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says.

Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says.

Mobile payments technology provider SimplyTapp is opening its developer platform to allow card issuers and mobile app developers to quickly integrate Host Card Emulation, a technology that simulates a Near Field Communication contactless payment.

SIMalliance, which has been outspoken against the use of Host Card Emulation to simulate a Near Field Communication-based contactless payment, is now saying HCE technology can lead to more use of the phone's secure element.

Shortly after Apple Inc. announced it would open the iPhone's TouchID fingerprint authentication system to third-party developers, Nok Nok Labs began working to integrate it into a product embraced by the Fast IDentity Alliance.

Amazon.com Inc.'s Fire Phone, unveiled today, has a button that blends mobile purchasing with real-world shopping.

To move the U.S. toward a faster electronic payments system, it may be necessary to design a completely new payments infrastructure.

An issuer's decision to deploy EMV chip-and-signature credit cards in the U.S., rather than the chip-and-PIN model common in other countries, has as much to do with technology constraints as it does with Americans' reluctance to using a PIN.

The way in which customers navigate e-commerce and online banking sites provides analytics that could ultimately help secure their accounts.

The way in which customers navigate e-commerce and online banking sites provides analytics that could ultimately help secure their accounts.

Chick-Fil-A has joined a growing number of quick-service franchises that are testing or deploying a mobile payment app for customers.

Payment processor Vantiv Inc. now offers EMV testing software for U.S. merchants to use to validate the steps of their acceptance of chip-based payment cards.

API Software Inc. has created a mobile app for independent sales organizations to help merchants tabulate the best payment services deals.

Zimbabwe-based banking software provider Edgetech Solutions has begun testing EdgePay, a payment system that uses sound waves to provide added security at the point of sale.

Merchants are likely to find the final sprint to meet the U.S. EMV liability-shift deadline is a tougher task for them than it is for card issuers.

Barclays' April Fool's Day joke last year was a video about PayWag, a contactless payment system built into dog collars. In hindsight, maybe this wasn't a prank but an early prototype for bPay, the company's new payment-capable wristband for humans.

The payment processor First Data will provide its small and mid-size clients access to data security services provided from Trustwave.

Just before eBay selected David Marcus to run PayPal in 2012, it named a number of executives who could have been prospects for the role. Now, as Marcus leaves to take a job at Facebook, some of these other executives may be in line to fill his shoes — but PayPal may also seek out new talent.