EBay CEO John Donahoe provided a glimpse into PayPal's ongoing strategy for mobile payments in defending his company's conclusion that it should not spin off the subsidiary.

As banks are moving through the "methodical process" of reproducing new cards for customers whose data may have been compromised in the recent Target data breach, they are also studying the best security options for the future, says U.S. Bancorp CEO Richard Davis.

Whereas banks have long struggled to migrate financial relationships onto mobile devices and to attract the underserved, carriers like T-Mobile come into the market with a distinct advantage.

Global payments company Payoneer and Japanese fulfillment company Quantium Solutions have signed an agreement to jointly offer cross-border payment products to Quantium's international e-commerce and mail order clients.

RBC has rolled out its mobile wallet, enabling consumers to use certain smartphones to make payments funded by Visa credit cards or Interac, Canada's national debit card program.

Financial data company Accuity has completed a massive data management project to deal with the concurrent challenges of a merger conversion, new compliance mandates and the growth of digital and cross-border payments.

T-Mobile is launching a prepaid card, aiming to use mobile account access as a selling point to attract underbanked consumers.

While it is easy to vilify Target for its recent data breach, the card networks' refusal to take on real card security makes the retailer a victim along with consumers.

For Welcome to Moe's Inc., a franchisee of Moe's Southwest Grill, migrating to iMobile3's PassMarket mobile loyalty program improved customer engagement and reduced the fraud that ran rampant with an earlier paper-based loyalty program.

More commuters using Near Field Communication-enabled smartphones on Chicago's buses and elevated train system may soon be able to pay fares by tapping the phone against a reader in the station terminal.

It's been roughly a decade since Target executives ended their attempts to convert to EMV-chip payment cards to improve security. After a massive breach of magnetic-stripe card data, it seems they have changed their minds yet again.

DENVER -- Credit unions need to adjust how they communicate with members and work with them on card fraud issues, say cyber security experts who expect the number of data breaches to increase.

Youth payments company Oink has partnered with processor WorldPay in an attempt to broaden its merchant base.

Smartphone consumers want to do much more mobile banking than most smartphone apps permit, according to an international survey released by FICO, a predictive analytics and decision management software company.

Swedish bank Swedbank will close down Bart, its proprietary mobile payment program.

McAllen, Texas police have arrested two people from Monterrey, Mexico that the local cops say were in possession of fake credit cards made with information obtained from the Target data breach.

South Korea's biggest theft of personal information on credit-card holders prompted dozens of top executives at financial firms including KB Financial Group Inc. to offer to quit this week as a regulatory probe widened.

Target Corp. warned some Canadian customers that their personal data may have been compromised when hackers stole credit- and debit-card information from the discount chain's U.S. operations last year.

Seeking to improve the security of digital payments by making card data tokenization operate the same way around the world, EMVCo plans to establish new standards.

Kofax is launching new image capture technology that can be used for mobile marketing and offer redemption tied to multi-channel payments.