David Heun

Riders on Chicago Transit Authority buses and elevated trains will make all payments with the Ventra transportation card starting July 1, the CTA announced this week.

Most banks and payment processors are in no hurry to help marijuana sellers accept credit card payments where the substance can be legally sold, despite a clear opportunity to modernize what is largely a cash-based market.

Fiserv, which owns the Accel debit network, has signed a license agreement with Visa for its common application identifier (AID), following a similar agreement last week between Fiserv and MasterCard.

London-based Flypay Ltd. plans to end what it refers to as the "10-minute restaurant bill chase" at the end of a meal by offering a mobile application that speeds up payment while providing more customer data to restaurant owners.

Visa's Elizabeth Buse has been kept busy by the many advancements in payments technology happening around the world.

One of the biggest challenges Ann Cairns faced over the past year was working to spread MasterCard's financial inclusion mission into more countries where consumers lack banking networks and rely mostly on cash.

Annmarie "Mimi" D. Hart, president and CEO of MagTek Inc., must have had a crystal ball at work in predicting for years that consumers would eventually demand a "Dick Tracy style" wristwatch computer for tasks such as payments.

Diane Offereins spends much of her time as Discover's executive vice president for payments services working to unite the company's three payment networks — Discover Network, Diners Club International and the Pulse ATM Network — into one global payments business.

Sandra Pianalto encourages women entering the payments industry to "embrace uncertainty, and take charge of your career by raising your hand for the tough assignments."

Susan Sobbott realizes consumer technologies and back-office payment structures are on a collision course.

Fiserv, which operates the Accel debit network, spent two years evaluating the best way to route EMV debit transactions in compliance with federal mandates – but it abstained from working with the Debit Network Alliance, which is committed to the same cause.

Google has upgraded Google Wallet to allow shoppers to automatically track their online orders.

Corethree Ltd. is providing a mobile ticketing application to those who use the First U.K. Bus fleet in Great Britain.

Fiserv Inc., which operates the Accel debit network, has agreed to make MasterCard's common application identifier technology available for routing EMV debit transactions.

Fiserv Inc., which operates the Accel debit network, has agreed to make MasterCard's common application identifier technology available for routing EMV debit transactions.

The growing complexity of technology is forcing payments providers to ask whether they are better off becoming one-stop shops or building a network of partners to fill out their offering.

EMVCo, the EMV standard governing body has released specifications for payment tokenization, a process that it says will strengthen security on card-not-present transactions initiated by EMV-chip cards.

As city governments seek out new payments technology, they may show less interest in standalone products.

MasterCard and Visa have formed a new group to improve efforts in the U.S. to migrate to the EMV-chip cards other security methods.

MasterCard and Visa have formed a new group to improve efforts in the U.S. to migrate to the EMV-chip cards other security methods.