David Heun

About a month after declaring dissatisfaction with Visa or MasterCard's options for a common code to allow routing options for EMV debit transactions, regional debit networks have chosen to work with Discover Financial Services.

The European banks that own Visa Europe are reportedly considering selling the entity to U.S.-based Visa Inc. to clear the way for an eventual rival system in Europe.

About six months after its successful debut of a mobile payment app at College Fest 2012 in Fenway Park, PXT Payments Inc. has another deal in place with Fenway Sports Management for its app, called "looped in."

Genesco's $13 million lawsuit against Visa Inc., filed last week in a Tennessee court, has a similar ring to it as a countersuit Cisero's Ristorante and Nightclub in Park City, Utah filed last year against its acquiring bank and processor.

The U.S. may not follow other countries' lead in forcing EMV chip-card users to use a PIN, but data from a biannual Federal Reserve Board survey indicates there is value to sticking with PIN.

Weve, a joint venture between the UK's three largest telcos, has chosen The Logic Group to provide technology to test a loyalty and coupon program.

VeriFone's stock price recovered slightly upon CEO Bergeron's resignation, signaling investor interest, and competitor Pax Technology was quick to draw attention to recent speculation that VeriFone would be for sale.

American Express Co. faces many challenges over the way it operates, but the CEO's 2012 compensation signals that the company is focusing on its strengths.

Lawmakers are looking into removing the roadblock that currently exists in California for mobile-pay startups that either can't afford the compliance costs for state licensing or define themselves as Web-based marketplaces, rather than true money transmitters.

B+S, a German payment processor, will provide services that would give merchants in the UK the ability to accept card payments from Chinese tourists making purchases.

PayPal's recent updates to its software tools for developers provide a clue to its long-term plans for the Card.io, the mobile payments tech provider PayPal bought last year.

Samsung and Visa will likely demonstrate the full potential of their contactless mobile payments alliance at this week’s unveiling of the Samsung Galaxy S IV smartphone.

With so much attention on cybercrime, it may be surprising to realize plastic cards remain an appealing target for theft.

Vacation property rental companies and bed-and-breakfast operators will now be able to accept online payments as they book clients through cloud-based WebReserv.com.

Monitise PLC and Visa Europe have agreed to a new three-year deal to further develop mobile payments and mobile commerce for Europe's top banks.

After spending eight years analyzing potential fraud factors of online transactions, Iovation Inc. says it is now ready to immediately tell clients which shoppers they can trust based on the devices they use.

Fraudsters are deploying a new malicious software attack that steals card data from consumers by making them believe they are providing extra authentication when shopping online, Trusteer reports.

"Shopping is boring," says ShopSavvy CEO John Boyd. His company is working with Capital One to turn the stale process of buying a product off the shelf into an eventful experience built around a mobile wallet.

MasterCard Inc. says it has secured a partnership with a mobile wallet provider in India that furthers its goal of serving cash-only segments with plastic and electronic payment alternatives.

A state regulatory body has issued a cease-and-desist order to Square Inc., claiming that the San Francisco-based company is handling payments in Illinois without a license in place to do so.