David Heun

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.

Card-linked offers, a concept commonly seen as a lure to attract consumers to use mobile wallets, is growing in popularity with plain old plastic.

Natural Security SAS hopes North America will be as receptive to its biometric payment authentication system as France is.

Mobile payments provider Fortumo Ltd. landed a major European carrier-billing deal last week, less than a month after revealing a significant partnership with Microsoft for mobile payment development on Windows phones.

With a data breach dispute between Visa Inc. and Nashville-based retailer Genesco Inc. heading toward a July 2014 trial, Visa lawyers are asking a federal judge to dismiss some claims in a lawsuit Genesco filed against the card brand.

CardSpring and VeriFone Systems Inc. allow consumers' credit and debit cards to act as loyalty cards for redeeming digital coupons.

Visa issuers have put 3.5 million chip-based smart cards in the hands of U.S. consumers since the card brand announced its EMV-card migration roadmap in August of 2011, a Visa executive says.

Total System Services Inc. will continue to process payments for U.K.-based Nationwide Building Society, considered the largest building society in the world based on its assets and 15 million members.

It's time for banks to do something radical — give up some control of their payments infrastructure by outsourcing processing services in the cloud.

Retailers and the major card brands are throwing more legal punches at each other over the controversial proposed $7.25 billion swipe-fee settlement in a years-long anti-trust case.

Vesta Corp. wants to provide the wallet that mobile operators would use to offer core financial services to underbanked customers through their prepaid mobile phones.