As mobile wallets mature, so will attempts to use the technology to marry payments and marketing, says Fiserv's Matt Wilcox.

The Walt Disney Co.'s board of directors has elected Twitter and Square co-founder Jack Dorsey as an independent director.

JPMorgan Chase & Co. increased spending and withdrawal limits it imposed on 2 million customers who used debit cards at Target Corp. during the retailer's data breach.

Decoupled debit cards, which draw funds from an account at a separate issuer, are typically framed as a low-cost alternative to bank cards. But in the wake of the massive Target Corp. data breach, security may have suddenly become the product's biggest selling point.

Senator Patrick Leahy pledged to pursue cybersecurity legislation in the wake of a massive data breach at retail giant Target.

JPMorgan Chase and other banks are restricting debit card use by consumers potentially exposed to the retailer's recent data breach, according to reports.

Lisa Shipley, president of Transaction Network Services (TNS), will lead the board of directors and service as president of the Women's Network in Electronic Transactions (W.net), an organization that provides networking, mentoring, career development and education programming for women in the payments industry.

Equifax Workforce Solutions, a provider of data, analytics and verification services, announced that for the first time the company has processed more than 34 million instant income and employment verifications in one year - a nearly 40 percent increase from 2012.

The Armory Bitcoin Wallet, a security and payments application, has changed its technology to require less computer memory – but it's still a product for power users

Square, Google, PayPal and many other mobile payment providers overhauled their technology in 2013. Here's a look at how things changed, on the surface and underneath.

For banks, the most obvious reaction to the recent compromise of 40 million cards at Target stores would be to re-issue credit and debit cards to all customers who shopped at the retailer. But this approach doesn't seem to be universal.

Target Corp. was sued by a Christmas shopper claiming she may have been exposed to identity theft from a data breach affecting 40 million debit and credit cards.

Mozido LLC, a white-label mobile technology provider, is piloting a person-to-person payment method using Bluetooth Low Energy (BLE) technology, allowing users within proximity of each other to transfer funds with their mobile devices.

The Bitcoin community has long dealt with wild fluctuations in the digital currency's value, and as the digital currency has surged to several hundred dollars per bitcoin, more consumers and merchants are adopting the digital currency.

Flipkart Payment Gateway Services has launched a consumer-facing version of PayZippy, allowing shoppers in India to make secure online transactions with numerous merchants.

Card payments account for more than two-thirds of all noncash payments in the U.S., and the number of checks written for payment is less than half of what is was a decade ago, according to the Federal Reserve Bank Services' 2013 payments study.

Loop Commerce is attempting to stake its position in e-commerce by offering payments technology that provides a gift's recipient some control over what is being purchased.

The credit-card issuer has agreed to loosen its restrictions on fees charged by retailers to consumers, following a similar move by Visa and MasterCard.

If Target can't protect itself from a data breach, how can any retailer hope to do so?

HARRISBURG, Pa. -- With Target reporting that its stores have been hit with a massive credit and debit card attack involving up to 40 million accounts, credit unions across the nation are moving to inform their members and gather more information on the security breach.