Technology

Qiwi will soon be available as an alternate payment option on eBay in Russia.

BBVA Compass is partnering with Dwolla, the Des Moines, Iowa-based alternative payment network to enable real-time payment capabilities throughout its offerings.

Fraudsters are quickly developing a way to sidestep EMV-chip security ahead of the U.S. card networks' October 2015 deadline for adopting the technology.

Financial institutions all over the U.S. are making decisions about how they will implement and manage their EMV infrastructure moving forward; decisions that will impact their operations for years to come.

About 60% of the first cards loaded onto Apple Pay are Visa cards, and the card network plans to build on this beginning in an aggressive mobile commerce strategy, according to CEO Charles Scharf.

While banks almost universally offer mobile services, such as smartphone apps or mobile-friendly websites, their customers have been slow to use them, according to an American Banker/SourceMedia Research white paper.

Because of the conflicting messages from providers of mobile payments, consumers are not yet sold on the possibility that they can use apps to replace their plastic cards.

Because of the conflicting messages from providers of mobile payments, consumers are not yet sold on the possibility that they can use apps to replace their plastic cards.

The Merchant Customer Exchange is facing harsh scrutiny after some of its merchants shut off all Near Field Communication capabilities to show allegiance with the merchant mobile wallet over Apple Pay.

Apple Pay was supposed to deliver a victory blow for Near Field Communication payments, but its launch seems to be doing as much damage as good for the cause of NFC.