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Visa Inc. has joined the FIDO (Fast Identity Online) Alliance's board of directors to help develop and deploy stronger online authentication standards.

Jumio is working with the European Bitcoin exchange Safello to provide faster verification of customers.

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

LifeLock Inc. has temporarily pulled its LifeLock Wallet app off the market to address security issues.

Users of new technology often invite derision—Google Glass wearers are "Glassholes," iPhone devotees are "iSheep"—and mobile wallet users may soon be the next target of such ridicule.

Old-school payments networks are looking for ways to speed their pathways. Tech companies are looking to blaze new trails. In the end, however, all roads lead back to one issue — security.

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.

Many card issuers think they only have two options when it comes to EMV—keep all issuance in house or outsource.

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

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.