Technology

The Debit Network Alliance last week officially launched its shared application identifier (AID) for EMV debit routing, but merchants likely won't be in any rush to implement the technology despite the fast-approaching Oct. 1 liability shift.

Dylan Richard was the lead engineer for President Obama's reelection campaign, where the use of unstructured "social data" forever changed how presidential win the support of their constituents. Four years later, he's one of PayPal's newest recruits.

Electronic multi-card device maker Coin has added technology to enable contactless payments at some retail locations.

A growing number of fintech startups are appealing to the sensibilities of millennials by meeting social missions and, in some cases, by tying the amount of business they generate to the amount they give back to charity or to their customers.

MasterCard will offer its mobile payment system at the PGA Tour golf event in New Jersey that starts on Aug. 27.

When a federal appellate panel sided with the U.S. Federal Trade Commission (FTC) against the Wyndham hotel chain this week, it cemented the FTC as a power to be reckoned with for companies that have poor security.

Many Americans who travel abroad have already experienced the changes that chip technology will bring when chip technology rolls out widely this year.

Loyalty programs have often been considered a key motivator to shift consumers to mobile payments and away from cash and cards. But few companies have actually blended mobile with loyalty in a compelling way.

Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline.

U.K.-based grocer Sainsbury's is readying a contactless payment shopping app that allows consumers to pick out items before they even get to the store and confirm payment upon leaving through a "payment zone."