The bank's partnership with a hot payments startup comes as regulators nudge the industry to speed transactions and as some who initially resisted such calls start to embrace quicker settlement.

Nintendo Co. Ltd. wants to expand the use of the Suica contactless card for small-value payments on its video game consoles.

Apple Pay scooped up one million payment cards in its first 72 hours, 60% of which were Visa cards, but MasterCard's chief executive still expressed optimism for the payment network's chances in the rapidly shifting mobile landscape.

Qiwi will soon be available as an alternate payment option on eBay in Russia.

BBVA Compass is partnering with Dwolla, the Des Moines, Iowa-based alternative payment network to enable real-time payment capabilities throughout its offerings.

Fraudsters are quickly developing a way to sidestep EMV-chip security ahead of the U.S. card networks' October 2015 deadline for adopting the technology.

Financial institutions all over the U.S. are making decisions about how they will implement and manage their EMV infrastructure moving forward; decisions that will impact their operations for years to come.

About 60% of the first cards loaded onto Apple Pay are Visa cards, and the card network plans to build on this beginning in an aggressive mobile commerce strategy, according to CEO Charles Scharf.

While banks almost universally offer mobile services, such as smartphone apps or mobile-friendly websites, their customers have been slow to use them, according to an American Banker/SourceMedia Research white paper.

Because of the conflicting messages from providers of mobile payments, consumers are not yet sold on the possibility that they can use apps to replace their plastic cards.

Because of the conflicting messages from providers of mobile payments, consumers are not yet sold on the possibility that they can use apps to replace their plastic cards.

The Merchant Customer Exchange is facing harsh scrutiny after some of its merchants shut off all Near Field Communication capabilities to show allegiance with the merchant mobile wallet over Apple Pay.

Apple Pay was supposed to deliver a victory blow for Near Field Communication payments, but its launch seems to be doing as much damage as good for the cause of NFC.

Total System Services is close to beginning tests of new products and merchant services, and is already seeing a benefit from last week's launch of Apple Pay. But in prepaid, a significant business for the processor, TSYS is still awaiting new rules from the government.

Regulators are turning up the heat on overdraft fees and, increasingly, so are banks.

The Merchant Customer Exchange is informing individuals and businesses involved in the testing the venture's CurrentC mobile payment system that "unauthorized third parties" have obtained some of their email addresses.

MasterCard plans to launch MasterPass, the card network's digital wallet, in Taiwan.

WEX Inc.'s virtual card business has continued to grow as the company makes more payments to hotels for its online travel company clients.

Poynt Co., a startup headed by former Google and PayPal executive Osama Bedier, is looking to take advantage of the EMV hardware upgrade schedule to entice merchants to switch to its new app-based payment terminal.

This year has been so bad for merchant data breaches that President Obama felt the need to advance the timeframes to be EMV-compliant at government points of sale.