David Heun

After a month of testing in Chicago's West Loop, the city is ready to roll out a mobile payment system for all of its parking meters.

EMV-chip cards might take until 2018 to reach full ubiquity, and a lack of education about the technology is hindering adoption, according to a new report from Javelin Strategy & Research.

American Express Co. is ready for its new small business program, OptBlue, to take the spotlight after several months of testing and a soft launch with acquirers.

James B. Lipham is retiring as senior executive vice president and chief financial officer at Total System Services Inc.

CaixaBank now allows customers to monitor their bank account, make donations to charities and obtain payment cards through a Facebook application.

The U.K.-based high-volume transaction analysis provider Insider Technologies has plans to expand beyond its current customer base in Europe.

Masabi Ltd. will provide its mobile ticketing service to commuters using rail lines on New York's Metropolitan Transportation Authority system, the London-based transit payment provider says.

The Target data breach has sparked more awareness of card security issues, but nearly 90% of U.S. consumers responding to a Phoenix Marketing International survey don't know much about the EMV-chip cards Target and others are adopting to deter counterfeiting.

Bringing a point of sale terminal to market isn't as easy as it used to be. Since the introduction of contactless and mobile payment tech, the number of tests a manufacturer must pass for certification is "unbelievable," executives at U.K.-based Spire Payments say.

Shopify is working with payment services provider 2Checkout to allow merchants to accept payments in more currencies and regions.

Target Corp.'s choice to work with MasterCard Inc. for chip-and-PIN credit and debit cards next year makes a strong statement about payment security.

The debit networks and card brands have largely resolved two years of debate over routing EMV debit cards, but an ongoing court battle over debit fees and routing makes the full scope of their responsibilities unclear.

After previous tests resulted in mobile phone payments taking a little longer to complete a transaction than a contactless Oyster card, Transport for London is again trying Near Field Communication-enabled phones for payment on its rail network and Tube underground rails.

Russia is very much on the minds of Visa executives as they wait to see what effect the ongoing political standoff with the U.S. over the situation in Ukraine will mean for payments in Eastern Europe.

Apple CEO Tim Cook detailed in an April 23 earnings call what many have believed will be the foundation for Apple's entry into payments: a strong iTunes customer base.

Fueled by a new round of funding, Tradeshift plans to keep changing the way businesses make and receive payments through an open, cloud-based platform that connects a half million companies.

After alerting its customers in January that its arts and crafts store chain had suffered a potential data breach, Michaels Stores Inc. confirmed last week that at least 2.6 million cards may have been affected.

Total System Services Inc. plans to build upon NetSpend's new partnerships with Western Union and Paychex to boost its presence in the prepaid card market, which it says can reach 68 million underserved consumers throughout the world.

Travel agency Orbitz.com has added a Visa rewards card to its loyalty program for customers using the online airlines booking service.

Samsung Electronics Ltd. and semiconductor designer ARM have joined the FIDO (Fast IDentity Online) Alliance board of directors.