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In today’s fast-paced, digital age, when smartphones are “outdated” six months after they’re released, nothing stays the same for long, and that includes payments fraud.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

Digital money transfer provider Xoom has introduced an instant mobile reload service that allows consumers to send airtime credit online from the U.S. to prepaid mobile phones abroad.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction and CUs are watching the experiment.

American Express Co. unveiled an online checkout system today that lets customers use their account passwords to order clothes, flowers and concert tickets from a roster of retailers.

With the U.S. EMV migration deadline looming and merchants urged to add encryption and tokenization as well, Transaction Network Services sees an opportunity in helping clients manage all of this technology.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction.

QR codes, a relatively old technology, are back in the spotlight thanks to a consortium of retailers led by Walmart and Target that plan to use the codes in their CurrentC payment technology.

Business went on as usual at commercial banks as the New York Stock Exchange and other large businesses suffered outages. But the confluence of events served as an unnerving reminder of the cyber risks facing the industry.

As technological problems forced the New York Stock Exchange to grind to a halt Wednesday, financial services insiders and observers weighed in on the vulnerabilities of increasingly electronic financial systems.

ACI Worldwide has added three board members with pervasive experience in financial services, following the retirement of other board members.

Vantiv has bulked up its merchant services capabilities through a series of acquisitions, a strategy that's making it more attractive to financial institutions.