John Adams

eBay is asking all users to change their passwords following an attack on a database that contained encrypted passwords and other user data.

Card manufacturer CPI Card Group is bulking up to handle the anticipated demand for EMV-chip cards as issuers and merchants rush to meet the 2015 deadline set by the card networks.

Bank of America Corp. plans to allow new transaction types, such as corporate disbursements, to be made through the bank-led clearXchange person-to-person payments network.

Prepaid product and transaction services company InComm has launched a platform for mobile payments and commerce.

Payments company BlueSnap is adding tax tools in an attempt to make it easier for e-commerce merchants to expand to more countries.

WePay has increased its addressable market in the small-business sector by about 600,000 through a partnership with e-marketing and website design provider Constant Contact.

As consumers get more comfortable with biometrics, the technology could have more uses for payments and other financial transactions.

WePay's decision to halt a crowdfunding initiative for an adult film actress struck a nerve as payments companies are seen distancing themselves from people in the adult entertainment industry.

MasterCard has agreed to purchase Opus Software's electronic payment and card technology subsidiary ElectraCard Services.

Host Card Emulation technology, which allows mobile devices to emulate a secure Near Field Communication transaction, is catching on fast so fast that it would be unwise for any company to ignore it, says ABNote CEO Steven Singer.

U.S. banks and other companies may already be closer to EMV compliance than they realize, says Mansour Karimzadeh, managing director and chief technology officer of payment consultant and technology company SCIL.

Loyalty programs can be a challenge because in Brazil's anti-coupon culture. Pizza Hut is overcoming this hurdle with a combined loyalty and prepaid card.

Italian payments technology company TAS Group is approaching U.S. issuers with a product called e-Mission that takes aim at two growing payment trends in the country: EMV-chip cards and instant issuance.

When Ben Milne was running a manufacturing company in Iowa, "you could not get around credit card fees," he recalls.

Zipremit is planning a service that will enable merchants to accept payments and extend credit to consumers who don't want to use a credit card account.

The card manufacturer ABnote is working with SimplyTapp, a Near Field Communication technology provider, to support Host Card Emulation tech in a jointly developed product.

Bluetooth-based beacons, which detect when customers enter a merchant's store, will dramatically change how businesses manage identity, payments and customer engagement, said Patrick Gauthier, PayPal's head of emerging services.

The U.S. EMV migration is high stakes, complicated and probably won't get done on time to meet the deadlines set by the card networks, according to Vantiv's Patty Walters.

Bima plans to use its latest funding to get more people in emerging markets to obtain insurance by making it possible to pay their insurance premiums on mobile phones.

As more merchants demand mobile technology to accept payments in their stores, vendors like Total System Services must diversify their offerings.