David Heun

Data thieves are generating various revenue streams based on the type of consumer credentials they can compromise, a new security study says.

VeriFone has to concentrate on delivering EMV technology to several different customer groups while also making sure its product offerings stay manageable, CEO Paul Galant says.

Visa Inc. has joined the FIDO (Fast Identity Online) Alliance's board of directors to help develop and deploy stronger online authentication standards.

Visa Inc. has joined the FIDO (Fast Identity Online) Alliance's board of directors to help develop and deploy stronger online authentication standards.

LifeLock Inc. has temporarily pulled its LifeLock Wallet app off the market to address security issues.

Yapital Financial AG is seeking bank partners in Europe for its mobile payment app, but it's insisting on a long courtship.

BitPay will partner with Toshiba to support Bitcoin digital currency acceptance at the physical point of sale through Toshiba's VisualTouch software.

Google now allows Android device users to fund app purchases with a PayPal account, but hasn't gone so far as to enable the rival payment method as a funding source for all Google Wallet purchases.

Zuppler and LevelUp are enabling restaurants to offer patrons the option to pre-order and pay for food online or through mobile phones.

Yapital Financial AG is seeking bank partners to further expand its European cross-channel payment system.

Isis, the mobile wallet venture of AT&T, Verizon Wireless and T-Mobile, has activated an average of 20,000 new mobile wallets per day in the past 30 days.

American Express has added five new acquirers to its OptBlue program, designed to make Amex card acceptance easier for smaller merchants.

Discover's Pulse network and MasterCard have agreed to allow card-issuing banks using both networks to use MasterCard's technology to route EMV debit card transactions.

Square Inc. now lets its merchants get feedback from customers through a response window added to its digital receipts. Appropriately, the new service is called Square Feedback.

If Apple isn't quite ready to enter the mobile payments field in the U.S., it might be leaning toward China as its initial proving ground.

The payment processor Vantiv has agreed to buy Mercury Payment Systems LLC for $1.65 billion to expand its services for cloud-based payments integrated into other technology, says Vantiv president and CEO Charles Drucker.

Apple will be ready to accept Near Field Communication payments from phones in its stores, even though none of its consumer devices support NFC out of the box.

Square has removed its cloud-based Wallet app from the Apple iTunes and Google Play stores, apparently to make room for a new app called Square Order.

Contactless payment cards may never have had strong footing in the U.S. to begin with, but perhaps the biggest sign of the technology's downfall is JPMorgan Chase's admission that its Blink cards never quite caught on.

When more U.S. issuers and merchants start using EMV-chip cards to improve security at the point of sale, fraud will likely surge online.