Apple updated its Mac OS operating system to allow its Mac App Store to accept gift cards by scanning them with the computer's camera.

The U.S. may not follow other countries' lead in forcing EMV chip-card users to use a PIN, but data from a biannual Federal Reserve Board survey indicates there is value to sticking with PIN.

Many Bitcoin enthusiasts expect the U.S. government will take steps towards regulating the digital currency. Whether this regulation will threaten or legitimize the currency is still an open question.

Visa will work with Planet Payment to extend payment processing in international markets such as Myanmar.

Weve, a joint venture between the UK's three largest telcos, has chosen The Logic Group to provide technology to test a loyalty and coupon program.

Consumers in Edmonton, Alberta can now avoid the cold by paying with AJB Software Design Inc.’s FIPay Mobile application, which allows customers of Hughes Petroleum Ltd. to purchase gas and car washes with their mobile devices. They can do this all from the warmth of their vehicles.

VeriFone's stock price recovered slightly upon CEO Bergeron's resignation, signaling investor interest, and competitor Pax Technology was quick to draw attention to recent speculation that VeriFone would be for sale.

A U.S. intelligence chief says that cyberattacks present a growing threat to financial networks and other critical infrastructure.

Intuit is making Inuit Pay generally available in the UK, enabling businesses to accept credit and debit payments in person and over the phone.

The company’s new iPad app can perform many of the same functions as its iPhone app, such as accepting PayPal and swiped card payments. The iPad app is being targeted at businesses that require hardware more robust than an iPhone to accept payments, yet don’t have a point-of-sale system.

Canada is well ahead of the U.S. in its adoption of the EMV chip-card standard. That places BMO's Kevin Tait in a bit of a time warp, since a large part of BMO's corporate payments operations are in the U.S.

The Federal Trade Commission is recommending mobile phone carriers let consumers block the ability to charge payments directly to their phone bills and take other measures to provide more transparency in mobile carrier bill transactions.

In an interview with PaymentsSource, Cohen describes the opportunities that arise for companies like Merchant Warehouse amid the rapid changes taking place in the payments industry.

A region-wide department chain filed suit against Visa challenging the payment card industry standards under which the merchant was fined $13 million for a 2010 data breach.

Global money transfer company Xoom is launching Pay Only When Received (POWR), a model through which the company does not withdraw money from a sender's bank account until the funds reach the recipient.

American Express Co. faces many challenges over the way it operates, but the CEO's 2012 compensation signals that the company is focusing on its strengths.

PayPal announced it has acquired Duff Research, a group of mobile app developers, keeping with the company's growing focus on mobile devices.

The three largest credit-reporting agencies confirmed that hackers gained unauthorized, illegal access to reports on several famous people.

Carrier-integrated mobile payment provider BilltoMobile will handle payments for NCSOFT Corp.’s online games in North America.

Belt Valley Bank is small even by community bank standards—it's got about $62 million in assets and 18 employees. But it has the tools to compete directly with the likes of Square for accepting payments on mobile devices.