John Adams

U.S. Bank is making a small-business online payment management system available to consumers.

Mobile payment initiatives in Canada are adding perks such as shopper loyalty programs, which can help differentiate the bank and carrier-branded mobile wallets when Apple Pay arrives.

If Visa and MasterCard seem to be shining an extremely bright spotlight on their tokenization efforts, it's because they view it as vital to their survival.

Visa is nearing an acquisition of Visa Europe in a deal that could be announced as early as Monday, according to a report in The Wall Street Journal.

PayPal has long desired to be a force in brick-and-mortar payments, a strategy that's more vital than ever as the newly independent company pursues a course that distances it from its former owner, eBay.

With more smartphones coming equipped with technology that can read each user's fingerprint, it might be time to expand this idea and check the fingerprints of the device itself — particularly as mobile and e-commerce see more fraud as a consequence of EMV tightening up security at the point of sale.

Apple Pay will launch in Canada later this year with American Express — and no other issuers named for the mobile wallet's launch in the region.

Consumers still aren't eager to make payments from their phones, despite the immense security boost mobile wallets provide through encryption, tokenization, dynamic account data and biometrics. So MasterCard is taking these technologies and hiding them in other products.

The bank owners of the clearXchange payments network and the Early Warning risk management service hope that by combining the two programs, they can remain in control of technologies that will become core to mobile commerce.

The bank owners of the clearXchange payments network and the Early Warning risk management service hope that by combining the two programs, they can remain in control of technologies that will become core to mobile commerce.