David Heun

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.

Co-op Financial Services just finished an active week, announcing separate deals with MasterCard Inc. and The Members Group that built on past investments.

Cybercrooks have plenty of new tricks up their sleeves to steal card data from merchants. The attacks aren’t likely to let up, mainly because retailer payment and business systems remain a treasure chest for data pirates, a new study says.

Nearly a month has passed since Visa Inc. offered its technology for the creation of a common debit code for EMV chip-card payments — a necessity under federal regulation. Yet it is becoming apparent that issuers remain in a waiting game that could last several more months.

Within five years, companies in the card business will have to choose a new label for their trade, especially if they embrace current technology and trends.

Mobeam Inc. has formed a partnership with an Austrian micro sensor company to create a bar-code format that any point of sale scanner can read for smartphone-based payments or coupon redemption.