Deployments of biometrics are usually fairly challenging, but Apple has demonstrated through its Touch ID fingerprint system that it can scale a consumer biometric technology quickly. London-based ValidSoft predicts it can do the same for voice biometrics by using the microphone built into most consumer gadgets.

Vendor management, malware, inadequate training and keeping up with patches lead list of IT issues.

Efforts to apply biometric security to payments have reached the fraud-prone remittance market, as Touch ID takes hold for both incumbents such as Western Union and upstarts such as Xoom.

In a term often reserved for interior design, women's fashions or ballroom dancing, Apple Pay users call the mobile pay system "elegant" because of how easy it is to use.

The Consumer Financial Protection Bureau is seeking to permanently ban a credit provider in Texas from offering any services because of allegations that it ran a "sham credit card" business.

Acquirers are being encouraged to alert merchants to a new remote malware attack called "Ghost" that allows hackers to take over a network.

Payment technology provider Adyen is establishing Bitcoin as a payment option for consumers playing online games from U.K.-based Jagex.

There is a lot of confusion in the retail industry around payments and Point-of-Sale (POS).

The rapid pace of mobile point of sale technology and advanced merchant services is pressuring traditional terminal makers to ensure that their devices are not only still relevant, but capable of evolution.

The U.K. is rapidly becoming a target for payment crime, with malware on the rise and the country poised for fraud spikes as crooks abandon EMV-protected terminals to target the more vulnerable e-commerce channel.

PayEase, a merchant acquiring firm based in China, has begun offering online payment services in Taiwan through a partnership with the e-commerce company OnePaid.

Sterling Federal Credit Union here has decided to convert from Fiserv Portico to Sharetec for its core and home banking processing.

Xoom, a digital payments company based in San Francisco, has begun offering money transfers to China.

MasterCard Inc. will cut more than 500 jobs companywide as the payment network combines some businesses and focuses on increasing digital transactions.

While consumers have a slew of digital technologies to help manage nearly every aspect of their finances, businesses still depend on manual paper-based processes to perform the most basic business functions.

As Starbucks has proven for years, few retail interactions are more tailor-made for mobile payment than coffee sales. But when U.K.-based grocery chain Marks & Spencer launched its own coffee loyalty app in a 58-store trial in London, it chose to keep its menu much simpler.

By linking mobile payments with money transfers, Western Union created a new use for Apple's mobile wallet. But it must still rigidly conform to the basic requirements of an Apple Pay transaction — without a bank account, there is no payment.

Small business alternative lender Biz2Credit has added Fortis Payments to its roster of payment partners.

Apple's mobile wallet has been out for just four months, and already it has shaken up the way mobile payments operate at the point of sale. It has faced pushback from some merchants and banks, but it has also popularized new forms of security and other payment technology.

While Visa and MasterCard aren't yet applying the same level of pressure for tokenization security as they are for EMV-chip cards, the card networks' CEOs are clear that this technology is their new expectation for e-commerce.