VeriFone Systems had five of its Payware EMV-enabled mobile card readers approved for the Visa Ready Program.

Seeking a stronger foothold in the North American market, the Munich-based online payment processing and gateway provider Pay.On AG has formed a new unit that operates out of New York City.

Credit bureau Equifax Inc. is leveraging its trove of consumer data to streamline the purchasing process on the Web and mobile devices.

PayPal now offers the chip-and-PIN version of its PayPal Here mobile card reader to merchants in Australia.

WASHINGTON — With cyber attacks on the rise, members of the Federal Financial Institutions Examination Council (FFIEC) Wednesday issued warnings to financial institutions.

BTC China and OKCoin, two of China's largest Bitcoin exchanges, suspended some money transfer services after it was reported that the central bank tightened controls on the digital currency.

Vodafone's M-Pesa mobile money service, known for quickly developing a devout following of users in Africa, will help the telecom expand in parts of Europe that its more high-tech payment offerings can't reach.

MasterCard's payment processing subsidiary DataCash is leveraging the card network's development arm to lure merchants with a mix of technology that includes mobile payments, digital marketing and augmented reality.

Visa is partnering with BPC Banking Technologies and Multiservice Payment System (PayHD) to enable customs payments across the Russian Federation.

Bitcoin startups are much more outspoken about security than traditional payments companies are, and the new Ciphrex wallet is no exception, claiming to be the first to use multi-signature transaction management.

Sens. Mark Warner, D-Va., and Mark Kirk, R-Ill., unveiled legislation on April 2 to increase fraud protections for debit card customers.

U.K.-based terminal maker Spire Payments has acquired payment application developer Altius Plus, a company it has previously worked with to develop payments and loyalty products.

That's the main takeaway from a recent Federal Reserve Board report that found the number of U.S. consumers using mobile phones to access their financial accounts rose by five percentage points last year.

U.S. Bancorp in Minneapolis is rebranding its payment cards for small businesses under the name "U.S. Bank Business Edge."

Target Corp. is backing the moving of class actions related to the retailer's massive data breach to the company's home state of Minnesota.

PayStand has launched an online payments platform that allows a variety of payments modes, including Bitcoin, electronic checks and cards.

December’s breaches made the most headlines, but the bad news for retailers seems to keep coming every few days, alternating with the latest weather reports to make up a good chunk of every evening newscast.

The quick-service restaurant industry has a strong appetite for mobile payments as a way to make fast food sales happen even faster.

Payments technology provider Fidelity National Information Services (FIS) and its NYCE debit network have secured a licensing agreement with Visa to use the card brand's EMV debit application identifier (common AID) technology.

Green Bank has dropped a lawsuit against Target and security vendor Trustwave that stemmed from the retailer's 2013 data breach.