David Heun

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.

The quick-service restaurant industry has a strong appetite for mobile payments as a way to make fast food sales happen even faster.

Green Bank has dropped a lawsuit against Target and security vendor Trustwave that stemmed from the retailer's 2013 data breach.

Payments technology provider Fidelity National Information Services (FIS) and its NYCE debit network have secured a licensing agreement with Visa to use the card brand's EMV debit application identifier (common AID) technology.

Green Bank has dropped a lawsuit against Target and security vendor Trustwave that stemmed from the retailer's 2013 data breach.

Already a major card issuer in the military market, Navy Federal Credit Union is working to expand its merchant services business through new agreements with Square and TSYS.

2Checkout has developed a hosted online and mobile payment processing system that can plug into a merchant's existing e-commerce site.

Many times, it seems, the best way for a company to learn whether it was compliant with the Payment Card Industry data security standard is to experience a data breach.

EMV-chip technology has driven down fraud on Canada's Interac debit network, but that fraud isn't moving online. It's fleeing the country.

Retail and consumer financial services veteran Jane J. Thompson has become a member of the VeriFone Systems board of directors, the terminal manufacturer said.

Retail and consumer financial services veteran Jane J. Thompson has become a member of the VeriFone Systems Inc. board of directors, the terminal manufacturer announced March 26.

Security vendor Trustwave has been accused of failing to identify security gaps at Target, according to a lawsuit filed by banks for damages suffered from the holiday season data breach.

The security vendor Trustwave has been accused of failing to identify security gaps at Target, according to a lawsuit filed by banks for damages suffered from the holiday season data breach.

VeriFone CEO Paul Galant says he is re-organizing the terminal maker's fragmented research and development process and improving its current cost structure in an effort to repair the company.

Navy Federal Credit Union is promoting Square's mobile card reader and payment processing services to its small-business members.

Boku Inc. is partnering with Sunhill Technologies to offer a mobile payment system for motorists in Europe to bill parking costs to their mobile phone account.