Target Corp. will move toward EMV smartcards and chip-and-PIN technology at least six months sooner than the card networks' October 2015 timeline for the security measure, says John Mulligan, Target's chief financial officer.

Patrons of Henry's Cafe Bar in London can now pay for food and drinks through their smartphones when using the QikServe app.

Danal Inc. will provide its BilltoMobile payment software to allow the mGive Foundation to accept donations through text messages.

The fact that Target Corp.'s massive data breach may have resulted from thieves' use of a vendor's credentials sends a message that attention to third-party relationships is critical to protecting member data, said NCUA Chairman Debbie Matz.

Seven years ago, the armored truck company Brink's began adding payments features to its product list. It's one of the many unlikely candidates making a name for itself in the payments world.

Federal legislation is needed to enhance cyber-threat information sharing so that good-faith responsive actions and information sharing will not trigger legal liability.

Congress is hearing two sides to the story about the role the card networks' Payment Card Industry data security standard has in fighting fraud.

ATM and branch locator apps can serve a valuable purpose for consumers seeking cash in unfamiliar territory, but there are many hurdles to keeping their data current and the machines properly branded.

Consumers in December filed 1,254 complaints with the Consumer Financial Protection Bureau against a total of 383 debt collectors. The status of the complaints include 1,246 with timely responses.

After seeking public input about payment preferences, the Transport for London will no longer allow cash or coin payments on the city buses.

Monitise PLC has boosted its Mobile Money service throughout Europe and the Middle East with the acquisition of a Turkish mobile technology company.

Nintendo continues on its course to add Near Field Communication-based contactless payments payments to its Wii U game console.

Five years ago, Starbucks was primarily a coffee company. Today, it's a pioneer in mobile payments technology with a significant portion of its U.S. transactions made using its smartphone app. And according to the company's CEO, this is only the beginning.

Clinkle, the well-funded mobile payments startup staffed by former executives of PayPal, Netflix and other e-commerce companies, appears to have had data leaked from its person-to-person payments app, exposing personal information and photos of some of the company's employees.

Acquirers could find themselves looking a lot like marketing firms in the near future.

The central bank of Estonia, where Swedish banks dominate the lending market, urged consumers to steer clear of Bitcoin and similar virtual currencies, warning such software could prove to be little more than a "Ponzi scheme."

The likes of Apple and Amazon are becoming bigger threats to incumbent payments companies, but MasterCard CEO Ajay Banga says his company views these players as potential allies.

A professor is suing the payments company Square over charges that he was shut out of the startup he says he helped create.

The economy likely grew at a 3.2 percent annualized rate in the fourth quarter as U.S. consumer spending climbed the most in three years, according to the median forecast of 87 economists surveyed by Bloomberg.

The Consumer Financial Protection Bureau on Wednesday initiated an administrative proceeding against PHH Corp. and its affiliates, alleging PHH harmed consumers through a mortgage insurance kickback scheme that started as early as 1995.