Technology

The U.K. mobile commerce initiative Weve has added a digital "pouch" for consumers in the U.K. to store loyalty cards and offers as the telco-owned joint venture continues to develop its product.

MasterCard Inc. and Points International Ltd. will partner to deliver more options for cardholders to redeem, exchange or trade their rewards points.

Bangkok Bank Public Co. Ltd. hopes to take advantage of Thailand's easy financial infrastructure to enable a number of new payment options, such as cross-institutional person-to-person payments made from a mobile phone or an ATM.

The Merchant Customer Exchange's mobile wallet is still taking form. The retailer-driven initiative hasn't even given its product a name in the year and a half it's been in development, but a steady stream of news about its technology and partnerships show what the fully assembled product might look like.

Target's cybersecurity staff urged the retailer to review the security of its payments system at least two months before hackers compromised its network, according to a report in The Wall Street Journal.

Data security is becoming a higher priority in board meetings at corporations, but IT teams are feeling the stress of implementing new security technology in addition to its various other tasks, a new Trustwave study says.

A bank-owned payment organization in Hong Kong will use technology from Gemalto to help it create a Near Field Communications mobile payments service.

Orange has launched its Orange Cash mobile contactless payments system this week in two French cities.

A new security update on PayPal's mobile application aims to prevent fraudsters from taking over customer accounts.

High-tech credit cards have often been a tough sell because of their cost and complexity, but two companies are pushing two very different approaches that they hope hold enough appeal to consumers to outweigh the up to $100 fee for the cardholder.