David Heun

As Isis prepares for its nationwide launch, it is getting marketing help from a significant merchant: McDonald's.

Jumio Inc. has expanded its ID scanning technology to support Apple and Samsung's digital wallets, enabling scanned payment cards to be used within other mobile apps.

Less than two months after launching Evolve Money for cash-paying consumers to pay and track bills online or through a smartphone, PreCash Inc. has its first wireless carrier supporting the app.

Mobile payments startup Pokkt has raised $500,000 in its first round of funding, allowing the company to eye expansion from India to other regions of southeast Asia.

Merchants are often wary of investing in a new point of sale terminal when even newer technology may be just around the corner. Spire Payments aims to ease their concerns by offering a developer-friendly system designed to adapt quickly.

Walgreen Co.'s new Balance Financial Prepaid MasterCard will be at the core of a series of financial services the retailer plans to offer over the next few months.

London-based Proxama Plc will help mobile payment venture Isis develop its mobile wallet app for use on Blackberry 10 devices.

First Data's OfferWise platform, which allows consumers to obtain discounts linked to a pre-enrolled payment card, is now linked to Microsoft's Bing search engine.

Tyfone Inc. has added Acculynk’s Payzur person-to-person payment capability to the mobile banking application it supports at Boulder Valley Credit Union.

Nearly a year after making its mobile card reader available in Canada, Square Inc. has decided to locate a permanent office in the country.

South Korean mobile payment provider Danal will partner with biometric technology provider Crucialtec to develop an app for mobile payments in South Korea, and eventually in China and the U.S.

Mobile commerce provider CashStar Inc. has named Ben Kaplan as its new president and CEO.

MasterCard has become the first payment network to join the Fast IDentity Online Alliance, which aims to improve online payment security through the use of common technology across browsers, applications and servers.

Online payment provider BlueSnap will provide its global payments gateway software to Voxy, a New York-based company that offers language-learning courses online and through smartphones.

The only way for the payments industry to thwart future hackers is to create a system that can adapt quickly to unanticipated threats – but many companies still struggle with the costs of handling their basic security needs.

The original iPhone revolutionized consumer technology and breathed life into the market for mobile payments — but the newest iPhone's most futuristic feature may signal a growing problem for banks and card networks.

Bad guys are very good at sharing technology and systems that work with other criminal networks — and payments companies can suffer if they embrace the same technology without realizing how it is being exploited.

The payments industry has a significant security challenge on its hands as too many consumers become "chronic oversharers" of their personal and payment card data, says Ellen Richey, chief enterprise risk officer for Visa Inc.

Visa plans to include more data in its advanced authorization technology to better protect banks' gas station clients.

The PCI council continues to expand its reach, with the intent of remaining a strong guide for data security well into the future.