Even with the prevalence of mobile P2P apps like Venmo and Square Cash, consumers still turn to cash, checks and PayPal most often to pay one another.

Mobile payments is the next “big thing” for consumers. But how can we keep it from becoming so for hackers as well?

Given the number of mobile payment companies targeting small business, there's lots of slicing and dicing of the market in the name of differentiation.

A Swiss joint venture plans to release SwissWallet for online shopping this month, partnering with MasterCard for use of its digital wallet, MasterPass.

With Visa Inc. set to merge with Visa Europe, the U.S. company stands to benefit from the experience its London-based counterpart has in mobile and digital payments. It could also supercharge these projects with added resources.

There are many potential buyers of stolen bank account data, including the banks themselves. But fraudsters are increasingly reluctant to sell their data back to its original owner.

The rollout of EMV is accompanied by increased card not present fraud, but banks can reduce losses using voice biometrics in the call center.

U.S. Bank is making a small-business online payment management system available to consumers.

WEX has selected Roberto Simon to become the fleet card company's next chief financial officer.

Financial institutions are often thought of as major consumers of technology, but a pair of recent examples show that more tech is being developed in-house and, once proven feasible, monetizing it. Expect more spin-offs, observers predict.

Point-of-sale payment provider payworks has released a white-label software development kit (SDK) that outside parties can use to develop mobile point of sale services.

Financial institutions are often thought of as major consumers of technology, but a pair of recent examples show that more tech is being developed in-house and, once proven feasible, monetizing it. Expect more spin-offs, observers predict.

Unlike Rite Aid and CVS pharmacies, which cut off contactless Near Field Communication (NFC) payments when Apple Pay launched in October of 2014, Walgreens never bucked the Apple Pay trend and did not take long to start accepting transactions from Apple's mobile pay service.

Raj Date, the consumer bureau's former deputy director, said Thursday regulators need to be flexible, responsive and use discretion when it comes to dealing with financial technology startups.

Digital payment provider Mozido will provide the technology behind the Deutsche Telekom AG mobile wallet in Germany.

Financial institutions have been traditionally been more interested in bitcoin's underlying technology than in the virtual currency, but the maturation of cryptocurrency has led USAA to partner with a bitcoin wallet provider to serve the institution's mobile customer base.

The U.S. was one of the last countries to convert to EMV chip cards, at least partly because of the cost involved for the country's massive payments system to replace the easy-to-duplicate mag-stripe cards and halt counterfeit fraud.

Bitcoin may have had the most successful marketing campaign of any web technology in recent years. But now there’s a new buzzword making waves throughout the financial industry: “distributed ledger.”

Standard Chartered Bank and Airtel Ghana Limited are collaborating on a mobile wallet in the West African country.

A rail network in London plans to distribute free payment wristbands to passengers to lower costs and reduce paper-based ticketing on one of the few sections of the city's commuter network that has not adopted contactless payments.