Technology

Host Card Emulation, which enables Near Field Communication payments without accessing a smartphone's secure element, has major supporters like Google, Visa and MasterCard. But some are expressing concern over the technology's approach to security.

Citigroup customers who use its ThankYou Rewards program now have the option to use the points they earn to pay bills through the bank's online bill pay system.

NCR Corp. has integrated its NCR Silver iPad point of sale system with Retail Intel, a cloud-based service provider that can pull in sales data from QuickBooks.

Mobile billing provider Boku Inc. is expanding its reach into 14 new countries in Europe through a new agreement with Deutsche Telekom.

When more U.S. issuers and merchants start using EMV-chip cards to improve security at the point of sale, fraud will likely surge online.

MasterCard plans to launch au Wallet, a prepaid card program that will be available to subscribers of Japanese mobile operator KDDI's au-brand mobile network.

European companies aren't using credit cards much for payments, which may give Wells Fargo a chance to establish a presence as a corporate issuer.

Card-not-present (CNP) fraud is generating quite a bit of chatter in financial and payments circles today. Much of the talk centers on the link between greater global use of the EMV standard and rising CNP fraud.

Digital payments company Payfort, which is based in Dubai, is using local merchant networks and consumers' own homes to enable more travel payments.

The payment terminal maker VeriFone announced the nomination of Jonathan I. Schwartz to its board of directors and that two of its current board members, Leslie Denend and Jeff Stiefler, will not stand for reelection.