The data breach affecting 216 of Jimmy John's restaurant locations had, at its source, an increasingly common exploit: remote-access passwords.

Circle Internet Financial, a Bitcoin startup, has launched its Web-based consumer wallet product out of beta for general availability globally.

Ukash is expanding its reach in Spain by working with Logista, giving the online cash payment provider a presence at nearly 13,000 more point of sale terminals in the country.

Payment software provider Fundtech has released an updated version of Global Payplus, its platform for processing different types of currencies.

Wal-Mart is both a powerhouse in retail and a pioneer in financial services. The company has championed numerous initiatives in prepaid and mobile payments, and it has also been quick to push back on technologies it does not like.

Banks will listen carefully to what regulators say next about virtual currency in the U.S., but in the meantime many financial institutions view Bitcoin as far too risky to touch.

The debut of Apple Pay has far-reaching implications for the future of the U.S. payments system and has cast a bright light into a murky mobile wallet payments environment. Some may even wonder if Apple Pay is in fact poised to eclipse plastic card payments.

During World War II, Lockheed Martin created a program called Skunk Works, which used specialized teams of developers for lightning-fast brainstorming to accelerate the research and development of new planes. That is how a lot of payments innovation is getting done today.

Wal-Mart is both a powerhouse in retail and a pioneer in financial services. The company has championed numerous initiatives in prepaid and mobile payments, and it has also been quick to push back on technologies it does not like.

FleetCor Technologies is providing outsourcing services for Shell fuel cards in Germany.

Even though the U.S. has suffered a flood of retail data breaches, the payments industry has to take a global view of any security measures it adopts.

More than half of the value of B2B receivables 90 days or more overdue were written off as uncollectable by businesses in the U.S., Canada, Mexico and Brazil, according to the latest Atradius survey of B2B suppliers in those countries.

Payments processor Stripe will partner with Facebook to provide technology behind the social network's "buy" button, according to a report in ReCode.

With mobile and online banking adoption rates spiking, credit unions from Vancouver to Maine are championing branch designs with forward-looking concepts and technologies aimed at enhancing the member experience without losing the human touch.

Are you in the cloud, or are you just making use of cloud technology?

PayPal is going slow when it comes to Bitcoin, limiting its current focus to emerging channels and relying on partnerships with virtual-currency processors in North America.

The payments industry has turned its attention inward, focusing on securing its own technology from fraudsters without driving off their customers.

Not all transactions have the same need for speed, so the Federal Reserve Banks' financial services unit will start with a narrow focus as it evaluates the development of a faster payments infrastructure in the U.S.

ST. PETERSBURG, Fla. — Six semi-finalists have been selected in PSCU's 2014 KnockOut Innovation Summit.

WASHINGTON – Regulators fined U.S. Bank $57 million in penalties and restitution on Thursday to settle allegations that the $367 billion-asset bank unfairly marketed and charged add-on products to consumers.