Biometrics are a catalyst to streamline authentication, though the technology contains a vulnerability that Payfone thinks it can solve with the SIM cards that match consumers to a computing device such as a smartphone.

Instagram, Pinterest, and Snapchat have recently started to offer or test e-commerce and payments opportunities, and online stores need to pay close attention given the potential size of the consumer base.

Barclays' absence has been a major issue surrounding Apple Pay's long awaited move into the U.K., though with a formal announcement of Apple's mobile payment play coming as early as July 14, word of the bank's reversal started to circulate online.

American telco company IDT Corporation has launched a direct-to-mobile-wallet service to Kenya and Niger through its international money transfer service, Boss Revolution, entering markets where mobile payments have been successful in the past.

After boosting security to accommodate Indian government demands, Uber is again going to be accepting payment cards for its services in India. It will accept payment cards starting this week, following a nine-month suspension.

Discover Financial Services has certified payments testing software provider Acquirer Systems to provide EMV service for its customers in U.S., Canada and Mexico.

Hershey Entertainment and Resorts' payment systems were infiltrated earlier this year, potentially exposing cardholder data, the entertainment and resort company disclosed July 10.

Banking experts are starting to look into cryptocurrency tech, and they are hedging their bets by finding uses for both the public blockchain models – like Bitcoin – and private models.

Any merchants or businesses handling payment and other sensitive data while using a Windows Server 2003 network will need to take precautions when Microsoft ends it support for that platform on July 14.

Hershey Entertainment and Resorts' payment systems were infiltrated earlier this year, potentially exposing cardholder data, the entertainment and resort company disclosed July 10.

Hershey Entertainment and Resorts' payment systems were infiltrated earlier this year, potentially exposing cardholder data, the entertainment and resort company disclosed July 10.

Business members of Best Price, which Walmart operates as in India, will have the ability to make payments via M-Pesa’s mobile wallet service.

Zapp is racking up bank and merchant participants for its mobile payment venture in the U.K., filling the gap left by the telco-led Weve initiative and providing scale as Apple Pay launches.

Gemalto has entered an agreement to provide payment-capable wristbands that will allow tap-and-ride capabilities and fitness readings for transit riders in Wuhan, China.

In an attempt to encourage people to use MasterCard through Apple Pay, the card brand will have people at the 2015 MLB All-Star Game in Cincinnati, giving prizes to "the vast majority" of consumers who use Apple Pay with a MasterCard card.

The PayPal of today has come a long way from the 1998 startup that enabled people to transfer funds between Palm Pilots. As the company nears its spinoff from eBay, it is continuing its acquisitive streak with some transformative purchases.

In today’s fast-paced, digital age, when smartphones are “outdated” six months after they’re released, nothing stays the same for long, and that includes payments fraud.

Now the CEO of the mobile point of sale provider ShopKeep, Norm Merritt previously headed the global outsourcing company iQor and brings with him a few ideas about how to make big money by serving small merchants.

Hackers stole Social Security numbers and other personal data for about 21.5 million people in breaches of the U.S. government's personnel office, the Obama administration said.

The new Amex Express Checkout service bears a passing resemblance to rival products like Visa Checkout, MasterPass and PayPal. But that similarity is only skin deep.