For Apple, the timing couldn't be worse to launch a mobile wallet. Mobile wallets can be a tough sell for many consumers, and brand image is a key element in winning their trust.

MoneyGram has purchased U.K.-based MTI Money Transfer to improve MoneyGram's control over its remittance network and expand the Dallas-based company's presence in Europe.

American Express launched two new credit cards for Canadian consumers, with a focus on cash-back rewards.

Two is better than one, especially when it comes to protecting a consumer's identity.

Apple Inc. plans to turn its next iPhone into a mobile wallet through a partnership with major payment networks, banks and retailers, according a person familiar with the situation.

Beer and wine are often used to lower inhibitions about anything new. Why should payment technology be any different? Many companies that manufacture or sell alcohol are at the forefront of payments innovation.

If third-party vendor risk management is becoming an overwhelming chore for your bank, perhaps you're interpreting the most recent guidance from the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. too literally.

In much the same manner as banks use red dye packs to explode in stacks of stolen money, payment network providers expect tokenization will sabotage any hacker's attempts at data theft. But will their investment pay off, or will it disappear in a puff of smoke?

EMV is no stranger to the news cycle, with the card network 2015 liability shift approaching for many U.S. businesses.

Drync, a wine-related software developer, is using Google Wallet to distill the complex process of shopping for wine from a mobile app.

Bitcoin wallet and merchant services provider Coinbase has insured the bitcoins it holds against theft and loss.

At first glance, it might seem discouraging that eBay and PayPal each list only one woman on their respective executive leadership teams, but to Sarah Hodkinson, director of offers and marketing at PayPal, "looking at leadership in such a narrow, title-driven way is a mistake." In truth, 42% of eBay's employees are women, including 28% of its leaders.

A bulletin from the Consumer Financial Protection Bureau outlining new policies for mortgage servicing transfers has the industry on alert for another possible round of rulemaking coming down the pike.

First Data India is leveraging Roam's mobile platform to launch its own branded chip-and-PIN mobile card reader in the country.

Card data security has to become a 24-hour priority for businesses, not just when PCI compliance assessors come around for annual checkups, according to the Payment Card Industry Security Standards Council.

Imagine arriving at an international airport and one of the first greetings you get is from your bank, welcoming you to the new country and saying where to find free ATMs.

Amazon's launch of a mobile card reader should force many mobile point of sale companies to reevaluate whether their own offerings are distinct enough to ensure their survival.

Computer hackers targeted JPMorgan Chase & Co. and at least four other banks in a coordinated attack on major financial institutions this month, according to a U.S. official.

Amadeus, a payments vendor for travel companies, has integrated UnionPay credit and debit cards into its platform.

WEX, a corporate payment provider, has signed an agreement to provide its Virtual Credit accounts payable platform to Zibrant, a U.K.-based events management company.