David Heun

African countries south of the Sahara desert represent prime markets for digital payment development because residents have few other financial services options, according to a report from McKinsey & Company.

Target Corp. will move toward EMV smartcards and chip-and-PIN technology at least six months sooner than the card networks' October 2015 timeline for the security measure, says John Mulligan, Target's chief financial officer.

Patrons of Henry's Cafe Bar in London can now pay for food and drinks through their smartphones when using the QikServe app.

Danal Inc. will provide its BilltoMobile payment software to allow the mGive Foundation to accept donations through text messages.

Keeping ATM locator apps up to date is a challenge, especially when multiple networks are involved.

Congress is hearing two sides to the story about the role the card networks' Payment Card Industry data security standard has in fighting fraud.

ATM and branch locator apps can serve a valuable purpose for consumers seeking cash in unfamiliar territory, but there are many hurdles to keeping their data current and the machines properly branded.

After seeking public input about payment preferences, the Transport for London will no longer allow cash or coin payments on the city buses.

Monitise PLC has boosted its Mobile Money service throughout Europe and the Middle East with the acquisition of a Turkish mobile technology company.

Nintendo continues on its course to add Near Field Communication-based contactless payments payments to its Wii U game console.

The likes of Apple and Amazon are becoming bigger threats to incumbent payments companies, but MasterCard CEO Ajay Banga says his company views these players as potential allies.

The likes of Apple and Amazon are becoming bigger threats to incumbent payments companies, but MasterCard CEO Ajay Banga says his company views these players as potential allies.

If the recent holiday shopping season is any indication, consumers may be setting aside their caution with credit card spending and are back to consuming through debt.

Acquirers and independent sales organizations can generate more revenue by closely studying what security levels their merchants need, according to a new survey.

Heartland alleges in a lawsuit filed Jan. 29 that Mercury Payment Systems is using deceptive trade practices to compete against it.

Online payment provider Acculynk is offering online merchants a real-time service to make payments directly to the debit card account of small businesses or individuals.

Amazon.com is developing a person-to-person payments system that would compete against the likes of PayPal, according to a job listing on the e-commerce company's website.

Oberthur Technologies is offering its MoreMagic mobile wallet technology to the unbanked population of Myanmar through the country's Myanmar Mobile Money Co. Ltd.

The Electronic Transactions Association has given Total Merchant Services CEO Joe Kaplan a spot on the association's advisory council. In addition, the ETA appointed Paul Rosenfeld, vice president and general manager of Total Merchant Services.

Mitek Systems is ready to officially roll out its Mobile Photo Payments technology, allowing consumers to use a smartphone or tablet camera to snap photos of bills, checks or payment cards to initiate a payment.