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SecureKey is developing new payments technology that will allow consumers to use their mobile devices to enable fast authentication at the point of sale.

Visa Inc. and MasterCard Inc. won a tentative court ruling they don’t infringe a patent owned by SmartMetric Inc., a technology development company that seeks $13.4 billion in damages.

Nacha, the electronic payments association, is advocating security as a reason to adopt faster processing — a move that would require a change in the association's rules that has thus far proven elusive.

U.S. banks and merchants face many obstacles in preparing for EMV chip-based cards at the point of sale — and the Web is no less reluctant to change.

Many banks consider money transmission to Somalia too risky because of concerns about terrorism. But U.S. Bancorp continues to pursue a relationship with Dahabshiil, the largest Somali money transmitter, whereas Barclays dropped the business citing the risk.

Southwestern Advantage, a multi-level marketing company with a model similar to Avon or Amway, relies on college students to sell its educational materials — raising potential risk issues as a young and inexperienced sales force is tasked with protecting payment details.

Columbus Data Services, an ATM processor, has completed MasterCard end-to-end certification for all Triton ATM products. As a result, CDS is now processing transactions that comply with the EMV-chip card standard on MasterCard networks.

There has been an avalanche of new mobile technology in just the past few weeks. The iPhone 5s, Samsung Galaxy Gear and Google Moto X bring with them a wide range of new systems for payments — and companies like PayPal and Fiserv are making noise with new products of their own.

PayPal, following a highly publicized clash with a crowdfunded company, is putting crowdfunding under a microscope to avoid compliance and security risk.

Versafe doesn't trust consumers to take the necessary precautions to protect their devices. So the company built a fraud protection layer within its banking application to take matters out of users' hands.