David Heun

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.

Jan. 27 marked the first day merchants nationwide could hit consumers with a checkout fee for using a credit card. Nothing has changed overnight, but some merchants are likely to test the waters sooner than others.

London commuters are supposed to be excited about the prospect of their Tube underground rail system adding acceptance of any bank’s contactless payment card. But it may take time for them to break the habit of using the popular Oyster contactless prepaid transit card.

Payments processor TransCard LLC is putting a new meaning behind the phrase "time is money." The company is working with Watch2Pay LLC to provide U.S. banks with wristwatches built with MasterCard PayPass contactless chips and linked to a prepaid card account.

Payments gateway provider FreedomPay is testing a cloud-based mobile wallet service for merchants and consumers.

MasterCard Inc. aims to benefit the payments industry by converting cash-only consumers around the world to plastic cards and electronic payments.

Telecommunications companies creating joint ventures to deliver Near Field Communication-based payments and other services is becoming a global phenomenon.

Merchants in the British Virgin Islands will soon have a new mobile card reader available to accept card payments through their smartphones.

PayPal, facing a growing tide of consumer complaints, is changing its approach to fraud monitoring. But the eBay unit has provided few details of its plans, leading some to wonder whether it will be able to appease the consumers that say they've been wrongfully ensnared in its fraud-fighting net.

Walt Disney Co. is about to distribute "MagicBands," high-tech wristbands that allow Disney World parkgoers to make payments and skip longer lines. Hersheypark tried a similar idea last year, and the results were far from magical.

Mozido LLC added two experienced mobile payments executives to help it expand within the U.S. as well as globally, with a focus on the unbanked and underbanked.