The global e-commerce payment gateway provider BlueSnap has developed new application programming interfaces (APIs) to help merchants increase sales as the holiday shopping season nears.

A new Bluetooth standard limits how beacons can track and deliver messages to people near stores, but this may not be a death knell to proximity-based payments and marketing.

Credit unions ruled in a new ranking of the top mobile banking apps.

Security vendor Retail Decision Plc (ReD) is working with First Data to deter card-not-present fraud in Mexico.

FitPay Inc., a wearable technology provider, is betting that the only way to change consumer behavior is to eliminate consumer behavior.

In a breach incident that illustrates how long a company can do business without knowing fraudsters are potentially stealing its card data, Charge Anywhere LLC informed its merchants it has found and shut down malware that initially entered its network five years ago.

Two years after the demise of a proposal to speed up U.S. electronic payments, a revised measure now appears likely to be approved by the banking industry.

BALTIMORE — A new biometric automated teller machine will soon allow members of Securityplus Federal Credit Union to conduct transactions via a kiosk equipped with facial recognition biometric software.

As card networks develop tokens to stand in for account numbers in online and mobile commerce, they may be able to standardize the experience across all companies that handle payments, said Mike Matan, head of global network business at American Express.

Rallying its members to wipe out passwords, the Faster IDentity Online Alliance — an organization of more than 150 payments and technology businesses — released standards Dec. 9 for multi-factor e-commerce authentication.

?Square Inc. has hired former Visa marketing executive Kevin Burke to lead its customer acquisition initiatives in retail, paid, Web and events marketing channels.??

Tax authorities all over the world are making decisions on how to view the new and increasingly popular decentralized digital currencies such as Bitcoin.

Companies seeking to shield valuable data from criminals and government spying should assume the attackers have already penetrated their systems and adjust defensive strategies, security firms McAfee and Symantec said.

Mobile security provider InAuth has hired Lisa Stanton to be its next chief executive.

Banks would have to upgrade their systems to accommodate faster transactions, and originating banks would pay the receiving financial institutions a fee to cover those costs, under a plan from Nacha, the industry group that sets ACH rules.

The industry group that sets the rules for the automated clearing house network on Tuesday formally offered its proposal for developing a same-day payments system. It was the latest move in an industrywide push for faster transactions.

MOLINE, Ill. — Service Plus Credit Union, a $21-million asset credit union here, has chosen Sharetec System, a developer of credit union software, for its core system.

Payfone has spent the past five years partnering with the U.S. phone companies to connect 300 million people to its identity system. The company now hopes banks will want to tap into that database for authentication purposes.

New York’s Department of Financial Services (NY DFS) has recently issued guidance on its BitLicense proposal, which would create a transitional license for Bitcoin.

MasterCard is investing in and partnering with card technology company Dynamics to embed greater function into U.S. payment cards, a mission that has sputtered in past years.