David Heun

Seattle-based iKaaz LLC figures the best way to make contactless Near Field Communication payments truly mobile is to create a reader that turns mobile phones into point of sale terminals.

When Colonel Harland Sanders created the Kentucky Fried Chicken franchise in 1955, he couldn't possibly envision how customers in Europe would pay for his fried chicken in 2013. Many will soon use a KFC mobile wallet to feed their fried-chicken cravings.

Lawyers representing retail trade organizations in the class action over card swipe fees are preparing "a strong response" to allegations that they are misleading in how they urge their members to oppose the proposed settlement in the eight-year-long case.

ReD plans to introduce its fraud prevention services in Latin America and the Caribbean, two growing card payments markets that are undergoing migration to EMV smart cards.

Online merchants reacted to Visa's creation of 3D Secure to protect card-not-present transactions more than a decade ago with a resounding thud. But the software has become a viable option to protect card data online, according to a new report from Aite Group.

The April 1, 2013 deadline for U.S. acquirer processors to accept EMV smart-card payments has arrived.

As the U.S. adopts the EMV smart-card standard, banks must address their own needs, such as replacing the transaction switch of their payment routing systems, according to Acquirer Systems of Dublin, Ireland.

Cashcloud SA, a start-up venture in Luxembourg, is testing a mobile wallet and rewards currency throughout much of Europe.

Nine Italian banks will begin a nationwide rollout of MyBank, an electronic payment system that allows bank customers in the Single Euro Payment Zone to make e-commerce purchases through online banking.

Acculynk's PaySecure will soon allow China UnionPay debit cardholders to make online PIN purchases at U.S. merchant websites.

If biometrics is ever going to be a part of how consumers make payments, PayTango Inc. figures the best place to find out is on college campuses.

With an eye toward making sure more small and medium-size merchants are aware of the need to comply with the Payment Card Industry data security standards, Dallas-based acquirer SignaPay will utilize ControlScan services.

The smaller debit networks are ready to join the larger networks in supporting Discover's technology to meet federal rules on routing EMV debit transactions, but they still await clarity from Visa and MasterCard.

Mobile network operator Orange is working with a music promoter and outdoor advertising company to establish Near Field Communication posters that enable fans to purchase it digitally from their mobile phones.

Even as debit networks and other participants finally get on the same page for EMV chip-card acceptance, the U.S. is still a long way off from widespread consumer adoption of EMV cards.

It’s been a busy month for mobile and online payment technology provider Stripe, which took another step in its expansion plans by partnering with mobile application developer Parse.

MasterCard plans to charge a digital-wallet fee to third-party payment providers as part of a new registration process, a move Visa's CEO called "totally appropriate" — but Discover says it is on a different path.

The major regional debit networks have unanimously chosen Discover's technology for a common code, or application identifier, for routing EMV debit transactions in the U.S. — but the debate isn't over yet.

A pending MasterCard "staged wallet" fee, set to take effect in June, is setting a new tone for the emerging payments landscape.

As VeriFone Systems Inc. seeks new leadership to help it tackle its ongoing challenges, smaller rivals are looking at their own operations to determine which opportunities to seize in the payments hardware market.