Technology

One of the top lieutenants in Silicon Valley is leaving the side of one high-profile Internet executive in Marissa Mayer to join another, Jack Dorsey.

With its IPO out of the way, First Data is accelerating its focus on merchant technology, and that means luring the developers who are rapidly changing how people shop and pay.

Bankers are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

The fleet card provider WEX has agreed to acquire software-as-a-service technologies provider Benaissance.

Barclaycard and travel site priceline.com have extended their co-branding agreement, which means consumers can still get a credit card with pitchman William Shatner's face on it.

Starbucks and Square, once the hottest couple of the payments world, are splitting up. But their relationship was never perfect; signs of trouble were obvious from the very start.

No wonder Jack Dorsey wants to keep running Square. Dorsey, the payment company's chief executive officer who also just took on the same role at Twitter, is the largest shareholder in Square by a wide margin, with 24.4 percent. The investment firm Khosla Ventures is the second-largest with 17.3 percent, according to Square's registration for an initial public offering filed Oct. 14.

While Sony Corp. is scaling back its global smartphone ambitions, the company still wants to contend with Apple Inc. and Samsung Electronics Co. on mobile payments in Asia. Its method for getting there is public transportation.

EMV card technology has fully replaced traditional magnetic stripe cards in virtually all developed countries except the U.S. In these markets, it's proven to be an effective technology to reduce fraud for card-present transactions, forcing fraudsters to migrate to areas that have not adopted a chip-based payment system.

As mobility has become embedded in the world’s cultures, issuers are feeling the heat to create their own mobile apps, but in an era of non-top data breaches and increasing identity theft, security fears abound.