David Heun

Online restaurant reservation provider OpenTable Inc. has acquired mobile payment startup JustChalo Inc. for $11 million.

In the U.S., the only country converting to the EMV chip-card format with more than one debit network and a federal mandate that covers debit routing, the lingering uncertainty about how to code EMV payments “is pushing away many issuers and forcing them to wait” before offering cards, says Thomas Grouard Lillelund, senior manager of EMV and new technologies for CPI Card Group.

MasterCard Inc. and telco VimpelCom Ltd. are testing a Near Field Communication-based mobile payments service at a Russian bank.

Eight months after giving the Project Oscar mobile commerce initiative a new name — Weve — and a new mission in the U.K., the telco joint venture has given its first hints of launching a Near Field Communication mobile payments service.

Banks providing cash back on transactions as an incentive for credit card use have a better chance of seeing their account become the "top of wallet" card, a new Auriemma Consulting Group report says.

Nearly 50% of consumers participating in a WorldPay survey about payment technology say they would like to use biometrics for security.

Total System Services Inc. has named Gaylon Jowers Jr. and Mark D. Pyke senior executive vice presidents, part of a series of promotions and additions the payment processor announced today.

Many small merchants operate a website not conducive to accepting payments on mobile devices, and many have not upgraded point of sale terminals to accept mobile payments.

Merchants, acquirers and issuers are preparing to handle EMV-chip debit cards that carry three application identifier codes — from Visa, MasterCard and Discover — as an earlier push to use one common code remains unresolved.

Some data breaches can’t be prevented. But too many occur when data-storage companies fail to use “aggravatingly simple protections,” a new Javelin Strategy & Research report says.

Payments serve as the base on which all other financial services can grow for unbanked consumers in low-income countries, says Elisabeth Rhyne, managing director of the non-profit Center for Financial Inclusion at Boston-based Accion.

ThreatMetrix is drawing a clear picture of how big online card fraud is by marking each fraud attempt on a map as it happens.

Apple's one nod to payments during its keynote address at this year's Worldwide Developers Conference is its plan to store users' credit card info in a new iCloud keychain for online shopping.

Manufacturers of PIN entry devices have received updated Payment Card Industry security requirements.

Leading into Apple's annual Worldwide Developers Conference, starting Monday in San Francisco, a patent application surfaced that provides fresh details on Apple's approach to mobile payments.

If most data breaches occur because consumers and businesses fail to take simple precautions, EZShield wants to help cut down on those mistakes.

Bell ID plans to offer software that will improve the appeal of Near Field Communication technology as a contactless payments option and quell debates over who should control the secure element in a phone handset.

Some data breaches can't be prevented. But too many occur when data-storage companies fail to make use of "aggravatingly simple protections," a new Javelin Strategy & Research report says.

Merchant Warehouse will make its Genius payments and marketing platform available to Retail Pro International LLC customers in what amounts to "future-proofing and a lot more" for the merchant payment terminals, says CEO Henry Helgeson.

Fortumo Ltd. has secured a partnership with handset manufacturer ZTE Joygor to provide in-app purchasing and billing software on ZTE handsets.