David Heun

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.

Domino's Pizza customers with Android devices can now pay for their pizza through the Google Wallet.

Commuters in Sydney, Australia now have the option to use a contactless smart card to pay train fare.

Square is seeking a buyer, according to multiple reports, but the company's official statement indicates otherwise.

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.

After years of speculation, Apple Inc. may finally launch a contactless mobile payments system with its rumored smartwatch.

Retailers have been entangled in a legal showdown with Visa and MasterCard over swipe-fee rates for nine years now, and despite the approval of a $5.7 billion settlement in December, the battle is far from over.

Prepaid program managers face a much different set of considerations than banks do when deciding how to deploy EMV-chip cards in the U.S.

Digital coupon provider Coupons.com Inc. is offering consumers the option to link the site's offers directly to their credit or debit cards.

A lot of merchants may not realize that they are using point of sale technology that runs on Windows XP, which Microsoft will no longer support after April 8.

Data security provider Foregenix is in the thick of the endless war on cybercrime. And the payments industry's biggest weapons are no deterrent to fraudsters, says Andrew Henwood, CEO of U.K.-based Foregenix.

Security vendor Trustwave has been named in another lawsuit filed against Target for damages related to the retailer's 2013 data breach.

Consumers in the U.K. are being encouraged to sign up for a new payments system that will allow person-to-person transfers to a mobile phone number.

Seeking a stronger foothold in the North American market, the Munich-based online payment processing and gateway provider Pay.On AG has formed a new unit that operates out of New York City.

First Data has completed a licensing agreement with MasterCard to enable EMV debit MasterCards to work on the Star Network.

U.K.-based terminal maker Spire Payments has acquired payment application developer Altius Plus, a company it has previously worked with to develop payments and loyalty products.