David Heun

Fraud prevention provider ValidSoft has joined the Fast Identity Online Alliance to help create standards for online authentication, the company announced Dec. 3.

Because of the changes that mobile will bring to the point of sale, the payments industry can expect to see acquisitions, consolidations and investments in that market over the next six to 12 months.

MasterCard worked with Intel and Netherlands-based NXP Semiconductors to establish a digital service that allows consumers to initiate online transactions by tapping their MasterPass card or Near Field Communication-enabled smartphone against a built-in NFC reader.

A mobile wallet project in Hungary is taking the leap from testing to market rollout after receiving positive feedback from initial users.

As the prepaid card market has matured, it has become a "business not for the faint of heart or haphazard investor" because of regulatory scrutiny and competition's effect on pricing, according to Aite Group.

SmartMetric Inc. says it is in the “advanced development” stages of a plastic payment card that will unlock through a fingerprint scan and operate as a digital wallet.

Customers of U.K.-based Nationwide Building Society now have Visa’s V.me digital wallet as a payment option when shopping online.

Utah-based Ally Bank has expanded its use of Fiserv's Popmoney person-to-person payments service. It now lets consumers send and receive funds from within the bank's mobile banking app.

Banks in Hong Kong have established standards for the creation of a Near Field Communication-based mobile payment infrastructure in the region.

MasterCard Inc. and PayPal have positioned themselves as companies with “the best current opportunities in the payment space,” according to Morningstar Financial Services.

Ally Bank expanded its use of Fiserv's Popmoney person-to-person payments service, allowing consumers to send and receive funds from the bank's mobile banking app.

If consumers were worried about a government shutdown or stalled debt ceiling talks affecting the economy, they didn't show it by holding off on credit card spending in October, a First Data Corp. report indicates.

If consumers were worried about a government shutdown or stalled debt ceiling talks affecting the economy, they didn’t show it by holding off on credit card spending in October, a First Data Corp. report indicates.

Vodafone Group marked the launch of its European mobile wallet initiative in Spain, revealing plans to expand it into Germany next month and other parts of Europe early next year.

Electronic payments provider ACI Worldwide inked a nine-year extension to service 24,000 ATMs across the U.K. for VocaLink, the country’s payment infrastructure provider.

Spire Payments’ point-of-sale terminals will be available to merchants in Australia through a partnership with independent sales organization Keycorp Services Ltd.

Through an expanded partnership between MasterCard and Green Dot, U.S. consumers holding a MasterCard prepaid card can reload the account through the Walmart Rapid Reload service.

Mobile phone numbers and e-mail addresses are increasingly vital to verifying a consumer's identity to protect against fraud.

Airtag figures it has landed its mobile payment system in the right places at the right time, concentrating on the fast-food and grocery markets.

Bank of East Asia will launch a mobile payment service for its credit card customers in Hong Kong early next year.