Payments

Credit unions cannot afford to wait on EMV, according to a panel of cards experts.

Starbucks CEO Howard Schultz is changing his responsibilities to place a greater emphasis on mobile payments and other digital initiatives.

Starbucks CFO Troy Alstead has been promoted to become the company's chief operating officer, a new position, in a move meant to place more emphasis on the coffee company's digital and mobile plans.

Ribbon is extending its payments services beyond merchant acceptance to include person-to-person payments.

Oberthur Technologies is offering its MoreMagic mobile wallet technology to the unbanked population of Myanmar through the country's Myanmar Mobile Money Co. Ltd.

Mitek Systems is ready to officially roll out its Mobile Photo Payments technology, allowing consumers to use a smartphone or tablet camera to snap photos of bills, checks or payment cards to initiate a payment.

Fiserv's new release of its CheckFree RXP bill payment product borrows from electronic gaming and social networks in an effort to get more people interested in paying their bills online.

Mike Liberatore has become the new chief financial officer at the payments startup Clinkle.

Mobile app developer Photopon is launching technology that lets merchants customize its photo-based offer system.

NVoicePay has expanded its hosted business payments technology to a number of new industries, betting there will be an increasing appetite for outsourced payments automation.

Apple Inc. has taken its time to establish a potential foothold in payments, never seeming to follow the path set by its rivals and never seeming to indicate just how close it is to the finish line.

CLEVELAND -- Firefighters Community CU will convert its credit card base to EMV early this year, distributing 5,400 chip cards to members.

WASHINGTON -- EMV-enabled credit and debit cards wouldn't have prevented the Target data breach in the United States because the information theft occurred in the retailer's servers, the Credit Union National Association said Monday in a letter to Congress and in comments to the press.

PayPal's adjustments to its developer program will provide an early look at how the company's Braintree acquisition will change PayPal's approach to new payments technology.

Michaels is investigating a possible data security attack, CEO Chuck Rubin said in a letter to customers.

While this still hinders some customers' adoption of their bank or credit union's mobile bill pay offerings, in reality, today's technology has made mobile bill pay more secure and easier than ever before.

Video game reviewer Clint Basinger feels squeezed by YouTube policies that reduce his revenue from ads, so the founder of Lazy Game Reviews has begun using the crowdfunding payments provider Patreon to restore his cash flow.

Mobile carriers are becoming more heavily involved in the payments world. Many are spearheading tests and full deployments of mobile wallets throughout the world, and some like T-Mobile are launching prepaid cards as well.

Incipio's Cashwrap sleeve for Apple iPhones, announced a year ago as a companion to the Isis mobile wallet, will soon be available for purchase at AT&T company-owned stores.

Finnish bank OP-Pohjola has introduced a mobile point of sale system designed to help consumers take advantage of local tax breaks.