Payments

As more detail comes to light about how Target Corp.'s data breach occurred, retailers need to completely rethink their approach to protecting card data.

U.S. consumer credit in December grew by the most in nearly a year due to a sharp increase in credit card usage, a potentially positive sign for the economy, according to the Federal Reserve's latest G.19 report.

Cash transaction provider PayNearMe is among the growing list of payment companies that are anxiously awaiting the higher volume of transactions that will result from the Affordable Care Act.

WASHINGTON -- The subprime credit card market, long down for the count, may finally be poised for a comeback.

SixThirty, a technology accelerator launched last year by Square co-founder Jim McKelvey, is searching for its second class of financial services technology startups.

MasterCard has signed on as the first card network to participate in the mobile payments component of the Weve joint venture in the U.K.

Consumers in Poland will soon be able to fund their online shopping with cash by purchasing vouchers from Ukash.

Xoom Corp. expanded its money transferring services by offering instant deposit accessibility to Metrobank and PNB, two of the top banks in the Philippines.

United Nations Federal Credit Union, the first U.S. financial institution to offer EMV-chip cards to U.S. residents in the nation's recent migration efforts, will tap Gemalto's global issuance service to add more locations were the credit union's members can obtain chip cards.

Clutch's mobile wallet has added technology from Mobeam that allows consumers to 'beam' bar codes from loyalty, membership and gift cards from certain smartphone models directly to standard laser scanners, which often cannot read bar codes on mobile apps.

DES MOINES, Iowa -- More credit unions are taking the necessary steps to convert their magnetic stripe credit cards to EMV as the October 2015 deadline looms, according to a new survey by The Members Group.

Canadian Imperial Bank of Commerce has launched a mobile payment app that allows customers on the Telus phone network to make purchases at many Canadian retailers.

The Federal Reserve banks signaled Feb. 4 that they are pushing ahead with their efforts to encourage the construction of a faster nationwide payment system.

Guests at some Marriott, Sheraton, Holiday Inn and other hotel properties had their credit card data exposed in a breach that occurred between March 20 and December 16 last year, according to hotel management firm White Lodging Services Corp.

In 2014 retailers will focus on reshaping their businesses on products such as merchant-led mobile wallets, which help them engage with consumers throughout the shopping experience.

African countries south of the Sahara desert represent prime markets for digital payment development because residents have few other financial services options, according to a report from McKinsey & Company.

Thing Daemon Inc.'s Fancy.com, a crowd-curated online marketplace, reportedly provided a peek at what commerce on Twitter could look like in the future.

Patrons of Henry's Cafe Bar in London can now pay for food and drinks through their smartphones when using the QikServe app.

Danal Inc. will provide its BilltoMobile payment software to allow the mGive Foundation to accept donations through text messages.

Seven years ago, the armored truck company Brink's began adding payments features to its product list. It's one of the many unlikely candidates making a name for itself in the payments world.