With Apple Pay gaining momentum, Google Inc. reportedly is planning to relaunch a new version of its wallet in late May at the Google I/O, according to The Wall Street Journal.

Gemalto, which manufactures SIM cards and EMV chips, is investigating a report that U.S. and U.K. spy agencies hacked into the company's network and stole mobile phone encryption keys, a technology also used to secure card data.

Prepaid card and ATM management company Meta Payments has reached a partnership with Ubiquity Global Services to manage customer service and other customer management.

Apple Pay's contactless payment model may be straightforward and simple, but it's not the only way to move funds without cards and cash. Many companies are coming up with alternatives that work from phones, smartwatches and other devices.

The apparent hack of Gemalto by U.S. and U.K. spies casts doubt over several security measures vital to the payments industry as it embraces chip cards and adopts digital payments.

Gemalto NV, the largest maker of mobile- phone cards and a manufacturer of EMV card chips, said it’s investigating a report that U.S. and U.K. spies allegedly hacked into its computer network to steal the keys used to encrypt conversations, messages and data traffic.

The financial services industry may be focused exclusively on securing payment card credentials, but other sensitive data can benefit from these efforts.

Cloud-based mobile payment provider P97 Networks Inc. will partner with Fiscal Systems Inc. to enable gas pumps and station convenience stores to provide customers smart-phone based payment options.

Getin Bank has introduced a new cloud-based mobile wallet in Poland that relies on using host card emulation (HCE), an emerging form of technology that's designed to reduce reliance on mobile operators.

At least two financial services groups say none of their U.S. bank members have reported the existence of Carbanak malware in their networks, suggesting the threat may not be significant.

Starbucks has integrated its app with technology from corporate spending management company Concur, demonstrating the vast new uses of the coffee chain's mobile commerce offering.

Visa is putting a more global push behind Visa Checkout than it has in any previous attempt to create a universal digital wallet for e-commerce.

Plenty of card issuing institutions have not fully implemented the EMV technology and will not be ready by the card network-imposed October liability shift.

Pay.gov, the federal government's web portal for collecting payments to federal agencies, is now offering PayPal and Dwolla as payment options.

Samsung's plan to acquire LoopPay gives the mobile phone maker a technology that can reach more merchants faster than Near Field Communication (NFC), the technology used by Apple Pay and Google Wallet.

Orrstown Bank in Pennsylvania has introduced two-way text messaging between customers and its service agents. It's the latest effort in the banking industry to make communication easier for mobile-first customers.

Mobile banking technology company Monitise is by all appearances for sale, though it may have to get creative to find a buyer.

Vladimir Drinkman, a Muscovite charged in the biggest data-breach prosecution in U.S. history, pleaded not guilty to federal charges that he conspired to steal 160 million credit card numbers.

Decisions about when and how to implement EMV technology in credit and debit cards are difficult. Many banks have decided to slowly phase it in, despite the fact the delay will open them up to greater potential liability.

Vladimir Drinkman, a Muscovite charged in the biggest data-breach prosecution in U.S. history, pleaded not guilty to federal charges that he conspired to steal 160 million credit card numbers.