Target Corp., still reeling from a security breach that exposed the personal information of tens of millions of customers, is seeking a new top technology executive to help prevent future attacks.

Visa Inc. is deploying a classic fraud prevention model to combat the growing sophistication of prepaid card fraud.

As evidenced by recent high-profile data breach incidents at major retailers , keeping payment data secure in today’s world is an increasingly complex challenge.

Online payments provider Payoneer has completed a $25 million Series D financing round it will use to expand through acquisitions and other efforts.

Foodler, a food ordering service, is one of the first to build on top of the "connected apps" technology recently added to the LevelUp mobile wallet.

As Isis shifts its marketing into high gear, the mobile wallet venture is positioning card issuers as vital to driving adoption of its app.

A new loyalty feature in NCR Corp.'s Silver point of sale system for iPads aims to help small businesses develop and manage customer rewards programs.

Mobile payments startup CardFree and processor Mercury Payment Systems have entered a partnership to provide their clients with a broader range of services.

Ripple Labs, which facilitates payments in mainstream and virtual currencies, is creating a developer portal and supporting a new accelerator. Already its efforts have made it possible to connect the Ripple payment network to websites that run on Magento's e-commerce platform.

Flexcoin, a Bitcoin bank, was forced to shutdown after hackers stole 896 units of the digital currency, the Guardian newspaper reported.

New Media Insight Group and Loop are promoting different types of mobile payment technology designed to avoid interoperability issues with current payment terminals.

Powa Technologies has launched a system that enables shoppers to respond to in-store advertisements by using their smartphones to buy the advertised product.

When Apple makes its long-awaited plunge into mobile payments, it is more likely to create a closed system for Apple customers than a truly open mobile wallet for all consumers, a new study from Celent says.

As consumer preferences shift, billers must have the resources to deal with the growing demand to pay bills on a mobile device, according to a recent study by the technology vendor Fiserv.

The Nigerian mobile payments company Teasy Mobile is expanding its range of services through a partnership with VeriFone Mobile, a joint venture of payment terminal maker VeriFone and mobile money provider Mobilis Networks.

Mobile payment and marketing company Mozido has acquired StickyStreet, which creates and manages customer loyalty programs, for an undisclosed price.

MasterCard has added seven new markets in Africa, and now operates in 48 of the continent's 55 markets.

Consumers are more concerned than ever about how to protect their payment card data, but they also know they have very little skin in the game because of card issuers' zero liability policies.

Payments innovation comes quickly, and often from outside the banking industry, leading Associated Bank to create a special procedure to monitor the tech market and customer preferences.

Pock.io is allowing consumers in the U.K. to buy gift cards from large merchants such as Apple by using Bitcoin and other digital currencies.