Technology

Mobile payment users are set to soar in the coming years and this is the chief reason competitive businesses need to get on board.

When JPMorgan Chase recently launched a new website, Gavin Michael, head of digital for consumer and community banking, credited much of the success and speed (it took 18 months) of the project to the bank's recent migration to agile development.

Time has run out for “knuckle-busters,” the clunky contraptions merchants needed for decades to accept card transactions, but their legacy—the raised characters embossed on payment cards—is proving difficult to stamp out.

Some retailers falsely think that if they are using EMV chip credit cards that they have eliminated any chance of security breaches at the register since the EMV approach is stronger than conventional credit cards.

Seeing its opening in the mobile wallet market, Mobeewave's pushing a product that exists somewhere between the models of Square and Venmo, resurrecting a relatively old idea of having people pay each other by using their phones.

The U.S. shift to EMV — once considered as viable as the U.S. shift to the metric system — is well underway. Here are some of the latest signs of progress, as well as some of the biggest pain points.

Card-not-present fraud is creating "silent revenue killers" for card issuers because many consumers will close their accounts after dealing with fraud from shopping online, new research indicates.

A data encryption method that Heartland Payment Systems CEO Robert Carr swears by has received high-level acceptance as part of a new standard.

Rather than increased emphasis on the card, or even the way we pay, more needs to be done to secure the terminal through which the transaction is processed.

With Barclays at long last offering Apple Pay to its customers, Apple can now say it has a lineup of the U.K.'s largest banks supporting its mobile pay system.