Uber Technologies, which operates a cab service and often partners with mobile payment providers to execute transactions, said an unauthorized third party accessed the company’s database last year and may have taken data on about 50,000 drivers.

Uber Technologies Inc. said an unauthorized third party accessed the company's database last year and may have taken data on about 50,000 drivers.

Visa has agreed to buy marketing and payments company TrialPay as part of the card network's broader strategy to improve merchant relationships.

Jack Hartings is a vocal proponent of reduced regulation for small banks. But the CEO of Peoples Bank in Ohio wants Washington to force other industries to share the burden of improving cybersecurity and cleaning up after breaches.

Opponents of Visa Inc.'s and MasterCard Inc.'s $5.7 billion settlement with merchants over fees want access to documents that may have been disclosed to a lawyer facing federal charges in a fraud scheme unrelated to the credit-card litigation.

Pamela Joseph, U.S. Bancorp's vice chair of payment services and a ten-year veteran of the Minneapolis-based bank, plans to retire in mid-2015.

Change is coming to the credit card industry following the government's recent antitrust victory against American Express, but the next few weeks could determine how deep the changes are — and who wins and loses.

ANACONDA, Mont. — Southwest Montana Community Federal Credit Union is the latest to sign with Member Driven Technologies, and plans to convert its core processing to Symitar Episys via the CUSO's solution in early 2016.

The London-based peer-to-peer money mover TransferWise Ltd. opened an office in New York this month, proclaiming plans to disrupt the U.S. market. But in reality, it could be more an ally than a threat to U.S. financial services companies.

American retailers have struggled with mobile payments, largely because they try to reinvent the entire buying process instead of evolving what's already there. Starbucks' success is rooted in its willingness to take the easiest route time and again, an approach that is clear in how it chose to implement Apple Pay.

Google and Softcard have been fighting a long turf war to become the dominant mobile wallet for Android users. Softcard has finally conceded defeat, but Google still has much work ahead of it.

Mere days after disclosing that Google Inc. purchased Softcard's technology and intellectual property, the telcos' mobile wallet venture began publically disclosing its plans to shut down.

Prosper Marketplace, an online lender for consumer loans, has found a new source of referrals: community banks.

The Bank of England will research whether issuing a digital currency such as Bitcoin would help it achieve its monetary policy, financial stability and regulatory goals.

Jack Henry & Associates and its ProfitStars division have released an online payments and donations platform designed for financial institutions and their business customers, the company announced Feb. 26.

French tech consultancy FIME is partnering with cybersecurity provider Thales e-Security to encourage use of Host Card Emulation technology for contactless mobile payments.

Boku has released a new, cross-platform carrier billing payment technology that is designed to mimic a credit card payment.

As the number of Chinese students studying abroad increases, Geoswift is building out relationships with language schools and universities to mend the disjointed process of collecting tuition payments.

Apple Pay has begun its foray into airlines, deploying about 3,500 iPad minis that can accept mobile payments, but it is making a slow approach to the industry.

Samsung's purchase of LoopPay preps the company for mobile payments move, but the initiative will face challenges because of the initial dominance of magstripe technology and other factors.