Apple's Tim Cook and Alibaba's Jack Ma took to the stage separately at a tech conference and spoke about working together on mobile payments.

Even after partnering with MasterCard, Zwipe has a long journey ahead before its contactless cards with fingerprint authentication see mass adoption. But the high-tech cards have the potential to suppress fraud and deter security breaches beyond what traditional EMV-chip cards can do.

Designed as an alternative to current payment systems, digital currencies, such as Bitcoin, XRP and Dogecoin, are a way for people to track, store and send payments over the internet. They are intended to make payment processing cheaper and faster.

An older mobile-wallet technology is getting fresh attention at Westpac Bank in New Zealand, which wants to encourage people without the latest iPhone or Android handset to make contactless mobile payments.

A number of large retailers are pushing back against Apple Pay, making clear the power merchants wield in the developing mobile payments market.

Bank of America revealed its technology limitations to entrepreneurs at a company event in Silicon Valley, hoping some of the startups could provide assistance in areas like workflow and analytics.

Walmart and Best Buy were up-front about their disinterest in Apple Pay; CVS and Rite Aid followed after the fact. Reportedly, these Merchant Customer Exchange participants are placing their bets on the group's upcoming CurrentC wallet, but there's another reason they may want to distance themselves from Apple Pay.

Apple Inc.'s bid to replace the consumer wallet with its mobile payment system ran into a roadblock as CVS Health Corp. and Rite Aid Corp. disabled the technology in their drugstores.

Visa, MasterCard, American Express and Discover have placed a timeline for U.S. EMV adoption, in the form of liability shifts, which has elevated chip card migration from conceptual to imminent.

With the EMV migration in the U.S. in full swing, fraud is making its own migration to card-not-present (CNP) transactions, and one way to thwart the fraudsters is a digitized card security code—provided the technology can be produced for a mass audience.

Apple Pay has launched to considerable buzz, but the technology giant has done little to communicate where its new mobile wallet can be used, leaving its partners to fill the void.

PayPal has launched a Canadian version of PassPort, a website designed to help small merchants sell globally.

Apple Pay's launch coincided with the start of SourceMedia's PayThink conference in Phoenix, where executives from many banks and other financial companies provided their impressions of Apple's new mobile wallet.

HUNSTVILLE, Ala. — In an effort to increase its checking account activity, Redstone Federal Credit Union here developed a comprehensive solution, including a new debit-engaging app.

MOUNTAIN VIEW, Calif. — While cutting-edge banking transactions make life easier for members, the rub for IT departments is trying to marry multiple innovative solutions onto one platform.

PROVIDENCE, R.I. — In the credit/debit card arena, Oct. 15, 2015, is D-Day. That's when card issuers will be held responsible for fraud-related charges for cards issued without an EMV chip.

MADISON, Wis. — When a credit union's core contract is nearing renewal, the executive responsible for making this all-important decision is faced with one nagging question: Do we have the best solution on the market?

WASHINGTON — Risks posed by rising interest rates are once again a top theme in stress test scenarios released by the Federal Reserve Board on Thursday.

Credit unions make up a substantial number of the financial institutions that have enrolled with Apple Pay, and some unofficial lists suggest the majority of early uptake is coming from credit unions.

Even though U.S. merchants and acquirers have known about the looming deadline for EMV-chip card adoption for three years, their progress has been slow.