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Apple Pay couldn’t have arrived at a better time; security breaches in major retailers appear almost daily in the news, and consumers are looking for a more secure way to pay. And while Apple Pay may address that need for many, there are still potential security breaches.

MasterCard now offers an anti-fraud tool called SafetyNet, designed to protect banks and payment processors against hackers.

The recent exploit of Signature Systems terminals, used by Jimmy John's restaurants and other clients, shows that the point of sale is still a key target for hackers. And the addition of EMV-chip technology won't scare them off.

Techniques used to fund terrorism and launder money evolve rapidly. At the moment, new payment methods, specific conventional banking areas and even charities and non-profit organizations are all targets for launderers.

Capital One's new Capital One Wallet is a cardholder app for Apple's devices that uses an Android-like pattern-recognition feature for authentication.

We usually think of card fraud as hurting just the merchant who accepts the card, but when one merchant accepts payment from a stolen card it hurts other merchants.

The data breach affecting 216 of Jimmy John's restaurant locations had, at its source, an increasingly common exploit: remote-access passwords.

Even though the U.S. has suffered a flood of retail data breaches, the payments industry has to take a global view of any security measures it adopts.

The payments industry has turned its attention inward, focusing on securing its own technology from fraudsters without driving off their customers.

Apple, Samsung, PayPal, Square, Google Wallet among others along with countless financial institutions and retailers are fiercely marketing their applications to enable mobile payments.