David Heun

A MasterCard Inc. "mobile preparedness" study in 2012 indicated that Singapore, Canada and the U.S. were the countries most prepared to offer payments technology and innovation to serve willing consumers. But the study also showed the U.S. ranking 10th when it came to "consumer readiness" for adopting mobile payments.

As card fraud progressively moves to e-commerce, more vendors offer merchants the tools to monitor their progress in thwarting cybercrooks — and the information collected in protecting their data also helps merchants promote sales.

From the start, mPowa CEO Dan Wagner has talked about partnerships being the key to getting his company’s chip-and-PIN mobile card reader into the hands of merchants – and eventually becoming a formidable foe to the likes of Square Inc. in the U.S.

Merchants shouldn't have their heads in the clouds when it comes to data security — especially when they rely on cloud computing to handle payment card data.

Merchant objections to the proposed $7.25 billion swipe-fee settlement are likely to mount following another delay in an appeal ruling.

Many companies are idling while the U.S. considers its options for handling the migration to chip cards from magnetic-stripe cards. Even a company based in the UK finds itself stuck.

The EMV smartcard standard is so commonly combined with a PIN code that most consumers know it simply as "chip-and-PIN." But Visa and MasterCard don't agree on whether PIN use should be a priority when the U.S. adopts the EMV standard.

As many as 65% of the consumers testing the Isis Mobile Wallet are revisiting merchants often or taking advantage of mobile offers, an Isis executive says.

A café chain in northern New England is telling its customers that hackers may have breached the company’s payments system. The Works Bakery Café is a small target but its experience is indicative of a bigger trend in data security.

Payments associations and organizations applauded Visa Inc.'s Feb. 4 move to address one of the most nagging EMV smart-card migration issues in the U.S., but they are not ready to say all their problems have been solved.

Visa Inc. says its EMV chip technology will be available to create a common code for debit transactions to allow merchants to choose networks as mandated by federal law — a move that could address a key obstacle in the U.S.

Visa Inc. has featured the San Francisco 49ers all season in a humorous TV commercial based on a fanatic 49ers fan somehow making his way into the team locker room to deliver a fiery pep talk.

Braintree Inc. had a vision of a “one-click” mobile shopping experience last summer when it purchased Venmo Inc. and its mobile payment applications. Braintree at last revealed its “one-click” Venmo Touch system.

Salt Technology Inc. plans to take $2 million it has secured from private investors and parlay it into a cloud-based mobile payments rollout in the U.S. and Europe later this year.

Data security provider iovation Inc. has released two-factor phone authentication software it says will provide extra protection for consumers making online purchases.

The Merchant Advisory Group is calling for a shift in deadlines for EMV acceptance in the U.S. — one extra month for every month the payments industry fails to find a common code for handling EMV debit transactions.

The council announced Jan. 31 its guidelines for e-commerce data safety. The information is a result of research completed by the council's e-commerce security special interest group.

A German mobile network operator and a bank's digital technology unit will soon introduce a smartphone-based digital wallet and person-to-person money transfer system.

American Express Co. finds itself swirling in the middle of anti-trust litigation and proposed settlements that the company isn't directly a party to.

NetAuthority Inc.’s upgraded fraud prevention services include advanced encryption modules and software that allows banks and health-care facilities to more easily deploy them.