The merchants and issuers invested in Apple Pay must maintain a strong emphasis on employee education — especially if the stakeholders want Apple's mobile wallet to avoid the fate of the many previous payment technologies that sought to displace plastic cards.

WASHINGTON — A long-running battle between the Mortgage Bankers Association and the Labor Department is headed for the Supreme Court in December and the outcome could have a significant impact on banks and other mortgage lenders.

OpenTable has released its mobile payment offering in the Washington, D.C. metropolitan area.

A Twitter Inc. account and a bank card is all you'll need in France to tweet money to a friend or a charity. The transfers will be based on a simple rule: no retweets.

Friendly fraud may sound like less of a threat to business than other more large-scale, aggressive attacks, but this sleeper predator costs retailers nearly $12 billion per year, leaving unprotected merchants completely empty-handed and liable for fraud that wasn’t really fraud in the first place.

PALM BEACH, Fla.—Handling transactions is secondary for the tech giants now entering the payments industry, says Diane Offereins, Discover Financial Services executive vice president of payments.

Sears' Kmart discount chain, the latest victim of hacker attacks on retailers, said it detected a security breach this week and is investigating the incident with law enforcement officials.

International Dairy Queen, the ice cream chain owned by Warren Buffett’s Berkshire Hathaway Inc., said customer data were compromised by hackers.

VeriFone is planning to test taxi technology that links payments, marketing and special offers delivered to riders.

Vogogo Inc. customers will soon have access to Interac's Online's payment network, a partnership designed to enhance Vogogo's processing capabilities as it plots an expansion into Europe.

Early next year, consumers in New Zealand will have the option of making payments through the Semble mobile wallet.

PALM BEACH, Fla.—Few at the Electronic Transaction Association's Strategic Leadership Forum would deny Apple Pay could help prepare the nation for mobile payments and rescue Near Field Communication from obscurity.

Merchants hope this year's holiday shopping season is better than last year, when high profile data breaches stole the headlines.

I have coined the phrase "managed risk" merchant to correctly define and segregate the stigmatism that traditional Card Not Present (CNP) merchants obtain when labeled as "high risk" merchants.

Mobile wallets, at their most basic, enable consumers to manage their accounts and/or make purchases without cash or cards. On top of that foundation, many companies have come up with inventive features to set their apps apart.

A future where consumers make payments with wearable devices is not far off, especially in Spain where CaixaBank is working with Gemalto to launch a contactless EMV payment wristband.

Online authentication software from Nok Nok Labs now supports Apple's TouchID application interface, enabling consumers using any custom iPhone applications to leverage the fingerprint scanner for authentication.

Oberthur Technologies is launching a payment card that integrates fraud prevention technology from NagraID Security, a move designed to protect against online payment, or "card not present" fraud, twhich is expected to increase due to the EMV migration.

PagBrasil, a payment processor in Brazil, has launched a product that provides accelerated confirmation for online payments made using boleto bancario, the electronic payment method in Brazil.

GoDaddy Operating Co. Llc has made a series of payments technology deals that are designed to give merchants an incentive to remain with the online domain name registrar.