Technology

In its first year of heavy involvement in testing and certifying payment security technology, scientists at Underwriters Laboratories have determined that tokenization should be a significant piece of a strong security "triangle."

The payment processor Stripe Inc. is one of the key parties enabling the Sony film The Interview to be rented and purchased online after it was pulled from theaters following terroristic threats.

The point of sale technology provider TouchBistro is partnering with Uber to provide free transportation service to restaurant patrons in Toronto.

By now many of you have probably seen the reports of somewhat disappointing Black Friday turnout from the National Retail Federation.

A technology called "host card emulation" made a big splash when it became part of the Android operating system in late 2013, but 2014 marked the year in which the tech became a foundation for future mobile wallet development.

Late last week, hackers took down Payza's blog and posted a mocking message in its place, implying that they were sitting on a treasure trove of stolen data. Payza says this was merely a hacker's stunt, and that no data of real value could have been compromised, but the company must still deal with the event's damage to its brand.

Mobile payments service provider Calpian released new growth figures for its Money-On-Mobile unit in India.

Payments and merchant services provider Worldpay has closed its acquisition of SecureNet Payment Systems from private equity firm Sterling Partners.

For MasterCard's Mung Ki Woo, the future of payments is an app that unlocks new consumer habits by literally unlocking their doors.

While many mobile wallet companies look to complement credit and debit card acceptance, South Africa's SnapScan is focused on merchants who accept only cash.