Investment

While independent sales organizations stringently keep up their compliance with the Payment Card Industry data security standard, they don't always protect non-payments data and paper records as diligently.

Royal Bank of Canada chose to store data in the cloud, rather than use the mobile phone's secure element, in a mobile payment system it plans to launch this year.

Heartland Payment Systems will use Alaric's Fractals fraud prevention and detection product to monitor the 300 million card transactions it processes each month.

Jumio's Mobile Consumer Habits study is grabbing headlines and laughs for revealing that 9% of U.S. adults admitted to using their smartphones during sex — but the survey's other findings have more serious implications for the future of mobile payments.

Have you ever imagined starting your own bitcoin exchange? Soon, Vancouver-based Bex.io will make that possible by deploying exchange functionality under a Software as a Service (SaaS) model.

Fraudsters are upping the ante in their pursuit of payment data by creating spoofed sites that look so real they even include localized language settings and drop-down menus to dupe consumers into turning over credentials.

Kipochi, an African online service launched this month, is looking for a way to connect the digital currency Bitcoin to M-Pesa, Kenya's widely-used mobile payments system.

Capital Services plans to begin offering its internally-used suite of payments, consumer and portfolio management tools to a broad market of financial players.

Developers should consider incorporating rewards and other tools such as receipt tracking in new mobile payment applications to promote broad adoption.

As EMV-chip card use spreads at the point of sale in the U.S., online merchants will have to change the way they handle payments online.