Technology

International Dairy Queen, the ice cream chain owned by Warren Buffett’s Berkshire Hathaway Inc., said customer data were compromised by hackers.

VeriFone is planning to test taxi technology that links payments, marketing and special offers delivered to riders.

Early next year, consumers in New Zealand will have the option of making payments through the Semble mobile wallet.

PALM BEACH, Fla.—Few at the Electronic Transaction Association's Strategic Leadership Forum would deny Apple Pay could help prepare the nation for mobile payments and rescue Near Field Communication from obscurity.

Merchants hope this year's holiday shopping season is better than last year, when high profile data breaches stole the headlines.

I have coined the phrase "managed risk" merchant to correctly define and segregate the stigmatism that traditional Card Not Present (CNP) merchants obtain when labeled as "high risk" merchants.

Mobile wallets, at their most basic, enable consumers to manage their accounts and/or make purchases without cash or cards. On top of that foundation, many companies have come up with inventive features to set their apps apart.

A future where consumers make payments with wearable devices is not far off, especially in Spain where CaixaBank is working with Gemalto to launch a contactless EMV payment wristband.

Online authentication software from Nok Nok Labs now supports Apple's TouchID application interface, enabling consumers using any custom iPhone applications to leverage the fingerprint scanner for authentication.

Oberthur Technologies is launching a payment card that integrates fraud prevention technology from NagraID Security, a move designed to protect against online payment, or "card not present" fraud, twhich is expected to increase due to the EMV migration.