Apple has — yet again — left payments out when it designed its newest iPhone, despite numerous indications that it explored using Near Field Communication technology to create a mobile wallet. Apple had many good reasons to choose the course it did.

The PCI Council is likely to benefit from the heightened awareness around ATM security, particularly MasterCard's push for EMV chip-card acceptance at ATMs, as it seeks feedback on its ATM Security guidelines.

International Merchant Solutions has signed a multiyear deal with Phoenix Managed Networks for PhoeniXSentry, a cloud-based network management service and built-in firewall router.

More consumers are using mobile devices to pay for online purchases, but small merchants aren't doing much to accommodate them.

Boom Financial announced this week that it is partnering with the World Council of Credit Unions to expand in emerging economies.

A survey of nearly 1,000 New Zealanders found that most respondents could name one or none of the credit factors that companies are allowed to collect about them.

The medical marijuana market once represented a new opportunity for merchant processors, but it dried up almost overnight when the major U.S. credit card networks more or less banned them from processing such sales — even in states where it is legal.

LATHRUP VILLAGE, Mich. -- Michigan First CU has signed with Millennial Vision Inc. to deploy the company’s electronic document management software system.

BIRMINGHAM, Ala. – Mutual Savings CU to implement the company’s First Line of Defense – Fraud Detection and Loss Prevention Challenge, an online exercise designed to keep staff focused on the latest frauds.

LAKELAND, Fla. – MidFlorida CU has signed with Fiserv to convert is core processing to the company’s Acumen with in-house delivery.

WICHITA, Kan. – Meritrust CU has implemented Financial Management Solutions Inc.’s Teller Management System.

Isis, the mobile-payment venture backed by AT&T, Verizon Wireless and T-Mobile USA, won't debut by the end of September as planned, extending delays for a service once expected to start by the end of June.

Barclaycard US says it will work with Google to support the Google Wallet mobile payment system.

Each time the Payment Card Industry Security Standards Council felt it was ready to establish a written-in-stone requirement for securing mobile payments, the technology — and the fraud committed against it — changed.

Card-linked marketer edo Interactive is adding investors.

ACI Worldwide has agreed to buy Distra, a payments software provider, for roughly $48.8 million in cash.

American card issuers and acquirers are "dragging their feet" on the transition to the EMV chip card standard, but some companies hope to speed the transition by making a clear business case for the technology.

Apple's decision to leave Near Field Communication payments technology out of its next iPhone might be seen as a huge misstep, as both Microsoft and Google have embraced the technology for their latest phones. It is, of course, also a brilliant move on Apple's part.

Dynamics, a provider of payment cards that can dynamically rewrite their magnetic stripes or smart chips, unveiled another variant of its design this week.

PSCU is partnering with Google to make Google Wallet available to credit unions. The goal is to keep credit unions top of wallet — and top of mind — with members as payment solutions converge.