Technology

Seth Priebatsch, the 24-year-old founder and head of the mobile payment system LevelUp, has made his company a serious player in the emerging payments market — yet he also sports the less-than-serious job title of "chief ninja." The nickname, he explains, has much to do with his approach to running a business.

HSBC Holdings on Monday named a former auditor of the bank as its new head of global regulatory compliance, the latest move by the bank to bolster its compliance functions.

Fiserv Inc. has stuck to the same philosophy it had when it formed the EFT Solutions Risk Office three years ago: card-data security isn't an arms race - it's a battle of wits.

Walmart and the other Merchant Customer Exchange members recently announced they would opt for a software-based mobile wallet instead of one based on Near Field Communication hardware. Is this a blow to NFC's future or does the technology have enough supporters to eventually change how people pay?

As the U.S. continues its conversion to EMV chip-card technology, the Durbin amendment's requirement for supporting multiple debit networks is presenting yet another challenge to overcome.

Many companies are trying to repurpose iPads as payment terminals. Leaf, a Cambridge, Mass.-based startup, instead created a commerce-specific tablet for small-business owners.

Cash trapping is on the rise and in response, the ATM Industry Association has published a manual detailing emerging fraud trends and methods for ATM owners to combat the problem.

The concept of making anonymous online transactions is in the spotlight because of the prominence of the digital currency Bitcoin, but most consumers remain uneasy with the cryptocurrency's instability and risk. An alternative for the privacy-minded might sprout from Tor, or The Onion Router.

The Payment Card Industry Data Security Standard is all about money — but increasingly, the question is whether it's about protecting money or making money.

PayPal has won repeated partnerships with large merchants for its new point of sale payment system, but it paced itself with consumer adoption — a strategy the eBay unit seeks to change in 2013.