David Heun

The upcoming Samsung Galaxy Gear smartwatch will have a Near Field Communication chip in it, according to reports. But only time will tell if Samsung plans to use the chip for payments.

U.S. merchants are in for a rude awakening if they do not prepare for the spike in e-commerce fraud that will likely follow the shift to EMV-chip cards at the point of sale.

A European EMV migration technology provider plans to make itself known to more U.S. payments companies.

The St. Louis-based grocery chain Schnucks Markets Inc. continues to face legal woes, four months after disclosing that up to 2.4 million credit and debit card numbers were exposed in a data breach initiated last December.

PreCash Inc. has launched Evolve Money, a consumer-facing online and mobile application that allows cash-paying users a way to pay and track their bills.

Singular Payments' software will allow Kindable to add electronic payment acceptance as part of its offerings for non-profit organizations.

After bringing its mobile card reader into Mexico two months ago in its first venture outside of Europe, iZettle has made its next move into Brazil.

Lawyers for clothing retailer Genesco Inc. last week requested summary judgment on its request to dismiss $10,000 in data breach fines from Visa Inc.

Fraudsters are once again taking a shine to using tin foil to tamper with the satellite dishes that gas stations use to transmit payment card data to authorizing banks and processors.

Developing the Starbucks mobile payment app stands as a badge of honor in the career of Chuck Davidson, who is now the head of product for CardFree, where he continues to work alongside several of the experts who helped make the Starbucks app a massive success.

Gas station owners may have the most difficult task of any retailers in preparing for mobile payments and EMV cards because of their dated systems and equipment — and because many of their customers fear that using their phones at the pump will cause fires.

With the fate of debit interchange rates wrapped tightly in legal red tape, the payments industry is facing uncertainty at a time it can least afford it.

Near Field Communication technology is regaining its momentum as a payments tool with Desjardins Group's planned mobile payments rollout.

Since becoming CEO of U.K.-based VocaLink last year, David Yates has launched a separate mobile payments unit while keeping the processor focused on speeding up payments throughout Europe.

SmartMetric Inc. has requested summary judgment on its claim that Visa and MasterCard infringed on its smart card patent.

With another iPhone announcement expected in the next month, a recent Apple patent application for digital content gifting could provide insight into how Apple would develop Near Field Communication technology for payments.

Microsoft Corp. is joining Eurosmart, a Brussels, Belgium-based association that develops security standards for smart cards, terminals and other electronic applications.

The European Commission says the phone company and banks involved in a mobile commerce joint venture in Spain can move forward because they are not violating anti-competition rules.

With its latest proposal, the Payment Card Industry Security Standards Council aims to make card data security more straightforward for merchants and organizations accepting payments.

Travelex Currency Services has joined with MasterCard to offer U.S.-based travelers a prepaid card that handles currency conversion and uses EMV-chip security.