David Heun

When Roam Data promoted Ken Paull from his executive vice president role to be its new CEO in late September, he knew he would be steering the company through a complicated and growing mobile payments landscape with numerous sellers and buyers.

After more than a year of planning and regulatory scrutiny, a United Kingdom mobile commerce joint venture called Project Oscar isn’t quite ready to call itself a mobile wallet or payments service.

Parkmobile USA Inc. is making payment for metered parking spaces less expensive for its members in Washington, D.C. with a Parkmobile Wallet option for aggregating credit or debit card transactions.

Tim Murphy, chief product officer at MasterCard Inc., spoke to PaymentsSource about why the industry needs the EMV standard, as well as the various challenges facing his company as the payments ecosystem moves into a new, technology-driven era.

Prepaid Expense Card Solutions Inc. has received a funding boost that will help the company promote a business-expense prepaid card for small and mid-sized businesses and continue to develop future mobile payment options.

Payment processing technology provider SecureNet has launched an instant merchant account boarding software that allows the merchant to begin accepting payments immediately, rather than endure a two-day wait.

Natural Security SAS has launched a contactless card payment system utilizing biometrics for authentication with its partner banks in France.

Paul Whitmore was direct and blunt in his assessment of the state of payments in the U.S. when he spoke at this week's Chicago Payments Symposium at the Federal Reserve Bank of Chicago: "I've been sitting here for two days, wondering how did you get yourself into this mess?"

Barnes & Noble bookstores has informed federal law enforcement authorities that "a sophisticated criminal effort" has potentially exposed customers' credit and debit card information to hackers.

Barnes & Noble has informed federal law enforcement authorities that "a sophisticated criminal effort" has potentially exposed customers' credit and debit card information to hackers who tampered with PIN pad devices at 63 of its stores.

If banks want to be in the forefront of future mobile payments, or at least capable players, they must first understand mobile person-to-person payments and offer that service to customers.

A significant consumer shift away from traditional banking tasks is already unfolding among early mobile-pay adopters and the underbanked.

In a payments industry in which traditional players fear less cooperation as competition heats up, the Federal Reserve Banks say they stand ready to work with anyone and everyone in the payments ecosystem.

Establishing contactless card payments in taxicabs in Barcelona, Spain provides another indication that La Caixa Bank intends to make the city a case study for new payment methods.

Issuer and merchant processors alike acknowledge the high speed of technological change is the new pace car in payments, forcing traditional industry players to hop on board or be left behind.

On Oct. 22 the joint venture of AT&T Wireless, Verizon Wireless and T-Mobile USA will begin its much-publicized launch in Salt Lake City and Austin, Texas.

For the past two years, the word "Isis" has meant a few different things for the payments industry. Its meaning will come into focus Oct. 22, when the joint venture will begin its much-publicized launch in Salt Lake City and Austin, Texas.

Consumers who own a debit card issued by their bank definitely prefer that payment method to other options, including alternatives such as PayPal.

Transit systems are a proving ground for payments: they require high-speed, sometimes wireless, and consistently reliable payments. New York’s subways, buses and taxis are constantly testing potential new systems, and not all succeed.

First Data Corp. executive Mark Herrington has joined the board of Internet PIN debit payments provider Acculynk.