David Heun

Telecom Italia and Visa Europe plan to support Near Field Communication payments for more than 31 million Telecom Italia Mobile subscribers next year.

Even if it takes the payments industry months to respond to Google's use of Host Card Emulation, which simulates the signal from a Near Field Communication chip, the technology is a potential game changer.

Ripple Labs has secured $3.5 million in additional funding to fuel the development of its digital currency network.

Google Inc. sent a few tremors through the payments industry when announcing its newest Android operating system can perform contactless payments without high-level access to NFC hardware. No one could blame SimplyTapp CEO Doug Yeager if he were cheering Google on from the sidelines.

More small merchants are starting to comply with the Payment Card Industry security standards, which describe how to protect card data, but many merchants still do not have an incident response plan in case of a data breach.

Optimal Payments Plc and Channel 1 Media are bringing online and mobile payments to fans of professional sports teams in North America.

Visa Inc. has expanded the role of French secure-chip testing expert Fime, which will support the card network's mobile payment application testing.

Hybrid PayTech World Inc. is offering programs to allow application developers to incorporate the company’s multi-operating-system payments technology.

Planet Payment Inc. has entered a multi-year extension for its agreement to provide multi-currency payment processing services for Network International LLC.

Visa Inc. has expanded the role of French secure-chip testing expert Fime, which will support the card network's mobile payment application testing.

Rabobank plans to deploy Near Field Communication-based mobile payments in the Netherlands.

NEW YORK — Mobile wallets, often funded by linked credit union or bank accounts, are sometimes described as decoupled debit accounts in disguise-and may suffer from the same challenges decoupled debit faced.

Payment processor Vantiv is partnering with mobile carrier Sprint to launch a tablet-based mobile point of sale system for merchants.

MasterCard's support of Rogers Communications Inc.'s Suretap mobile wallet makes the emerging payments landscape in Canada a little more crowded — and makes MasterCard's strategy a little more diverse.

Paul Burmester has been appointed the new CEO of telecommunications-based fraud prevention software provider ValidSoft Ltd., replacing Pat Carroll, who will serve as the company's executive chairman.

Visa's payWave contactless technology will power a new Orange Cash mobile payment system that will provide loyalty programs and coupons for consumers across France.

Mobile wallets, often funded by linked credit union or bank accounts, are sometimes described as decoupled debit accounts in disguise — and may suffer from the same challenges decoupled debit faced.

German carrier E-Plus Gruppe plans to give Near Field Communication payments a boost with a mobile wallet that also uses QR codes for redeeming loyalty points and discount vouchers.

Merchants and payment vendors who never change the default password in sensitive systems are getting fresh attention from the Payment Card Industry Security Standards Council.

Mobile wallets, often funded by linked bank accounts, are sometimes described as decoupled debit accounts in disguise — and may suffer from the same challenges decoupled debit faced.