Technology

Fime has updated a validation tool with Barnes International for issuers to test Visa's cloud-based Host Card Emulation processes and payment tokens for contactless payments.

Square's decision to scuttle its consumer-facing Order app shines an uncomfortable spotlight on the challenges inherent in creating technology that appeals to both consumers and merchants.

Wirecard, a German white-label electronic payment provider, will offer its "boon"-branded mobile payment app to Drillisch, a German telecommunications provider.

It's become apparent that more organizations are attaining PCI compliance, but far fewer can stay in compliance for a reasonable period of time.

One of the longest discussions regarding the U.S. EMV migration is the choice of chip and PIN or chip and signature as the card verification method (CVM).

The mobile wallet landscape has always been dynamic, and recent consolidation and upheaval have changed it once again. As older products fade or rethink their model, newcomers are bringing bold new ideas to market.

Israeli payments technology provider Zooz has recently moved into the financial capitals of the world, opening offices in both New York City and London.

Visa Inc.'s CyberSource has joined the Anti-Information Fraud Society in China, which was established to create a safer online payment market.

Like a Hollywood star making the rounds before a premier movie date, Visa and other organizations are going on tour to promote EMV-chip card technology ahead of the October deadline set for U.S. companies.

Innovation must be tamed. Let it run wild and risk serious economic consequences, not to mention hefty fines.