Another Bank of America executive has joined Novantas, a maker of financial-analytics software for banks.

Data security organizations have developed an EMV chip-card education program to help independent sales organizations and software vendors simplify testing and certification for their merchant clients.

Everlink Payment Services Inc. of Markham, Ontario, has introduced a new anti-fraud service that allows Interac debit card users to activate and deactivate their accounts for security.

Mint Bills would like consumers to be able to pay their utility bills with a whole host of payment methods on mobile devices without a service fee. But when billers can't distribute the costs of certain payment methods, Mint Bills will make sure the fees stay low.

If banks and retailers want a piece of the mobile wallet pie that Apple Pay is steadily gobbling up, Nacha says it has a formula to achieve that.

Circle Internet Financial, a Bitcoin wallet provider, is looking to expand to China with the help of new investor IDG Capital Partners, which joined the $50 million Series C investment the company just secured.

Bindo is providing merchants using its iPad-based point of sale software an entry into e-commerce.

The conventional wisdom is that the boom in mobile device adoption will encourage the use of mobile wallets. AT&T is betting that the opposite concept — that mobile payments can lead to more smartphone use — can also be true.

Ironically, two current U.S. payment security initiatives – the EMV chip-card migration and the faster payments project – will prompt hackers to find new ways to compromise banking networks.

HARLAN, Iowa — Town & Country Credit Union, here, has chosen the Sharetec System as its new core processor.

Dekkers Davidson, called a "rock star" of mobile payments when he became head of the Merchant Customer Exchange two years ago, has left the building. But the show must go on for the merchant mobile wallet.

As Facebook and Google increasingly become de facto managers of consumers' online identities, some wonder if another, more trusted party, such as banks or the government, should step up and take on this role.

Tom Swidarski, former Diebold CEO, has made a sizable investment in the bank technology equipment and services provider Bancsource, the company announced April 28.

As Coinbase makes its services available in the U.K., Ripple Labs is making inroads with Western Union.

As the mobile payment space becomes more crowded, some CUs are looking toward the next tech frontier — adding loyalty programs to mobile payments.

MasterCard Inc. posted first-quarter profit that beat analysts' estimates as consumer-card spending accelerated outside the U.S.

A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.

On Amazon.com, shoppers can spend hours browsing and buying products, watching movies and listening to music; on the Apple Watch, however, Amazon is challenged to complete all interactions in a matter of seconds.

MCX CEO Dekkers Davidson has left the merchant-led mobile payments initiative, and will be replaced on an interim basis by Brian Mooney, a former Bank of America and First Data payments executive.

A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.