Technology

Visa, MasterCard, American Express and Discover have placed a timeline for U.S. EMV adoption, in the form of liability shifts, which has elevated chip card migration from conceptual to imminent.

With the EMV migration in the U.S. in full swing, fraud is making its own migration to card-not-present (CNP) transactions, and one way to thwart the fraudsters is a digitized card security code—provided the technology can be produced for a mass audience.

Apple Pay has launched to considerable buzz, but the technology giant has done little to communicate where its new mobile wallet can be used, leaving its partners to fill the void.

PayPal has launched a Canadian version of PassPort, a website designed to help small merchants sell globally.

Apple Pay's launch coincided with the start of SourceMedia's PayThink conference in Phoenix, where executives from many banks and other financial companies provided their impressions of Apple's new mobile wallet.

Private equity firm LLR Partners acquired a stake in Phreesia Payment Services as part of a $30 million investment.

WASHINGTON — Risks posed by rising interest rates are once again a top theme in stress test scenarios released by the Federal Reserve Board on Thursday.

Even though U.S. merchants and acquirers have known about the looming deadline for EMV-chip card adoption for three years, their progress has been slow.

As the iPhone 6 makes its way into the hands of consumers, the way we pay may be changed forever.

U.S. Bank has been trying to get iPhones to make contactless payments for a long time, but most of its efforts didn't pan out. The launch of Apple Pay and the rapid advancement of mobile technology may breathe some new life into the bank's old ideas.