Bell ID plans to offer software that will improve the appeal of Near Field Communication technology as a contactless payments option and quell debates over who should control the secure element in a phone handset.

CLINTON TOWNSHIP, Mich. – Michigan Schools and Government CU has introduced the AskAuto smart phone car-buying application to its members.

Three years ago, Visa executives told investors that one of their goals was to enter new businesses, but Visa CEO Charlie Scharf, who joined the company in October, says that is no longer the case.

Mobile payments worldwide will grow significantly in transaction volume and value in 2013, but Near Field Communication payments won't be part of that momentum in North America, according to new Gartner research.

Kathy Herziger-Snider is the new vice president of channel management for Fiserv's Card Services division.

MasterCard has approved a pair of EMV-chip cards jointly developed by Inside Secure and CPI Card Group.

About half of the customers who use JPMorgan Chase's Liquid prepaid card are financially underserved, and 30% of them have no other relationship with a bank, an executive said today.

July Systems provides tools for merchants unfamiliar with programming to put together revenue-generating mobile experiences — with a hint of social media and a dash of mobile commerce.

Law enforcement officials have arrested 11 people suspected in a $200 million global credit card fraud operation, according to the Serious Organized Crime Agency, a unit of the British government.

VeriFone is blunt about the issues plaguing the terminal maker and is working to restore its customers' confidence as it seeks a permanent chief executive.

Signature Card Services will give away EMV-enabled point of sale terminals to client merchants in the U.S. in an attempt to ease the transition to the chip-card standard.

Visa is aggressively building its presence with mobile point of sale vendors in an effort to attract the merchants that still don't accept electronic payments and rely heavily on cash and checks.

Some data breaches can't be prevented. But too many occur when data-storage companies fail to make use of "aggravatingly simple protections," a new Javelin Strategy & Research report says.

Microsoft Corp. is now using the processor WorldPay's alternative payments program to increase adoption in China.

Check has partnered with Alltel Wireless, allowing Alltel customers to track and pay bills on their smartphones with Check's Money & Bills app.

Kuapay has finished a design upgrade and enhancement to its mobile wallet that borrows from the past—consumers see actual images of cards and coupons when looking at the screen

Some data breaches can't be prevented. But too many occur when data-storage companies fail to make use of "aggravatingly simple protections," a new Javelin Strategy & Research report says.

Visa is working to approve more mobile point of sale hardware, including products from iZettle, SumUp and Swiff.

Merchant Warehouse will make its Genius payments and marketing platform available to Retail Pro International LLC customers in what amounts to "future-proofing and a lot more" for the merchant payment terminals, says CEO Henry Helgeson.

Total Merchant Services, a 17-year-old Woodland Hills, Calif.-based ISO, began transforming itself into a more tech-oriented company a year-and-a-half ago when the founders, brothers Ed and Matt Freedman, hired Joe Kaplan as CEO.