Google has scrapped and rebuilt pieces of its mobile wallet many times, and it looks like those years of tinkering are paying off as more merchants adopt Google Wallet.

MasterCard Inc. and Target Corp. are in talks about a settlement in which the retailer would pay banks about $20 million for costs they incurred in its 2013 data breach, a person familiar with the matter said.

After some delay — and the failure of an earlier project — Australia's New Payments Platform (NPP) is on track to go live sometime in 2017, as much as a year after its original goal.

Uber recently changed its model in India to more appropriately serve the local population, welcoming auto rickshaws and cash payments. But these changes are unlikely to tackle the bigger issues the ride-sharing service faces in the country.

With ample fueling from mobile transactions, the potential for converting point of sale data into CRM and marketing data is massive. But as full of potential as this merger is across all retail purchases, it's particularly strong down market—and the smaller the business, the better.

The restaurant chain Olive Garden will begin using Ziosk tablets to accept payments at the table starting next month.

Hackers are attacking companies with multiple motives and multiple attack vectors, the widely read annual security report finds. Phishing remains effective and cyber-threat sharing efforts need to speed up.

Two companies are working to make gift cards not only interactive, but almost self-aware.

Smart Communications Inc. has secured an issuing and acquiring license from Visa for its Smart e-Money electronic payment business in Southeast Asia.

The Canadian government is extending its code of conduct for payment cards to any mobile transactions, while also assuring retailers that any savings from reduced interchange will be passed along to them.

Digital payment providers are finally earning the same level of consumer trust that banks have long cherished.

ProPay has added MasterPass, MasterCard’s digital wallet, to its merchant services.

There’s a fintech rivalry brewing between New York City and London. But in terms of transit payments, London is winning with an interoperable contactless system that runs more smoothly than New York's MetroCard.

Google has scrapped and rebuilt pieces of its mobile wallet many times, and it looks like those years of tinkering are paying off as more merchants adopt Google Wallet.

While the big players in mobile have arrived—Apple, Samsung and Google, the result has been a trade of one form of complexity for another.

AUSTIN, Texas — Apple Watch, the technology giant's first new product in five years, and first without Steve Jobs, debuts later this month. As time quickly ticks away to the launch date, a handful of credit unions and their vendors are testing companion banking apps.

If Apple Pay comes to Spain anytime soon, supermarket chain Mercadona will be ready for it.

Executives at card networks and issuers are concluding that tried-and-true marketing methods can still expand card acceptance in an increasingly digital world.

YapStone has named technology and payments systems veteran Daniel Issen as its new chief technology officer.

While issuers and merchants scramble to issue EMV-chip cards in the U.S., Gemalto is taking a longer view into the cards' environmental impact when they are discarded as part of regular reissuance.