John Adams

As computing devices get closer to the body and more Internet-connected, payment platforms will have to be flexible enough to work in a vast number of environments, according to PayPal's Joel Yarbrough.

Late last week, hackers took down Payza's blog and posted a mocking message in its place, implying that they were sitting on a treasure trove of stolen data. Payza says this was merely a hacker's stunt, and that no data of real value could have been compromised, but the company must still deal with the event's damage to its brand.

For MasterCard's Mung Ki Woo, the future of payments is an app that unlocks new consumer habits by literally unlocking their doors.

MasterCard will host a series of hackathons in different countries to spot innovation in digital payments.

MasterCard will host a series of hackathons in different countries to spot innovation in digital payments.

Retail stores have spent years fighting competition from the Internet, and Verifone plans to prove that it's a fight the brick-and-mortar side can win.

Payment processor Payza's blog suffered a Web attack on Friday, Dec. 19, though the company said the assailants did not compromise sensitive business information.

Starbucks, an investor in Square, will not use Square's order-ahead app as the coffee chain pushes ahead with its own mobile ordering technology.

The Royal Bank of Canada, an early adopter of wearable technology, is adding host card emulation (HCE) technology to the RBC Mobile App, enabling Android smartphone users to make contactless mobile payments through any carrier.

For American Express' Nik Sathe, developers with no experience in the payments industry are among the best to hire.

Once known as peer-to-peer, online marketplace lending grew phenomenally and evolved rapidly in 2014, as capital flooded in from institutional investors and traditional bankers sat up and took notice.

Optimal Payments has released a series of onboarding and developer options in an attempt to stay nimble amid the growing market of companies that use application programming interfaces (APIs) to offer transaction capabilities to retailers.

Samsung is planning to launch a contactless mobile payment system in 2015 in partnership with payment company LoopPay, tech news site ReCode reported Dec. 16.

After spending 2014 digging out of fiscal slump, Verifone is setting up for an aggressive product rollout in the year ahead as it recovery shifts into high gear.

Initiatives such as Apple Pay and the upcoming CurrentC wallet are placing pressure on banks and retailers to accommodate the higher transaction speed, volume and performance expected on smartphones and tablets.

As mobile wallet providers seek to add value to their services in the payments market, account aggregator Yodlee says it has a data analysis tool that will help that expansion.

A new Bluetooth standard limits how beacons can track and deliver messages to people near stores, but this may not be a death knell to proximity-based payments and marketing.

As card networks develop tokens to stand in for account numbers in online and mobile commerce, they may be able to standardize the experience across all companies that handle payments, said Mike Matan, head of global network business at American Express.

MasterCard is investing in and partnering with card technology company Dynamics to embed greater function into U.S. payment cards, a mission that has sputtered in past years.

MasterCard is investing in and partnering with card technology company Dynamics to embed greater function into U.S. payment cards, a mission that has sputtered in past years.