October 30, 2014

EBay Inc. will offer Visa Qiwi Wallet as a payment option on EBay in Russia. Starting Nov. 5, all Russian EBay customers will be able to pay for their purchases with Visa Qiwi Wallet. 

October 22, 2014

In Russia alone, stolen payment card information is a $680 million-per-year industry, according to Moscow-based security company Group IB. With that much money to be made, it’s no wonder cyber-attacks are so common. 

October 20, 2014

Almost half of Americans are likely to avoid shopping at stores that were affected by data breaches in the past year.

October 17, 2014

President Obama on Friday signed an Executive Order designed to reduce cyberfraud and identity theft.

October 13, 2014

Kmart is the latest retailer to be hit by a payment data breach.

October 2, 2014

3dcart, a hosted e-commerce provider for small businesses, is launching a partnership with MasterCard for MasterPass, the MasterCard digital payment solution, into its commerce offering.

October 1, 2014

The security of credit and debit card information is a bigger concern for consumers (93%) than their health (84%), retirement savings (81%) or losing their cell phone (63%), according to a new consumer trust survey from Honeywell.

September 30, 2014

With major credit card breaches recently confirmed at a number of America's largest retailers, payment security has become a serious problem almost overnight.

September 26, 2014

By Howard W. Herndon

September 24, 2014

Wal-Mart Stores is moving deeper into financial services. The retailer is launching an exclusive checking account product, called GoBank, with Green Dot Corp., a prepaid-cards specialist that has a subsidiary bank.

September 22, 2014

A class-action settlement RadioShack Corp. reached with consumers that offered them $10 vouchers as compensation for printing their credit and debit card expiration dates on receipts has reportedly been overturned by the 7th U.S. Circuit Court of Appeals in Chicago.

September 19, 2014

Home Depot Inc. confirmed that some 56 million payment cards were likely compromised in a data breach that went undetected for five months.

September 4, 2014

The alleged security breach that recently hit The Home Depot Inc. may have compromised credit and debit card data at nearly all of the company’s stores.

August 18, 2014

The National Retail Federation on Monday told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.


August 13, 2014

Amazon.com has entered into direct competition with digital payment providers Square and PayPal by releasing Amazon Local Register, a secure card reader and mobile app that allows retailers to accept credit and debit cards from a smartphone or tablet.

August 7, 2014

Bindo, a retail technology company, is launching a mobile Europay, MasterCard, Visa (EMV)-compliant credit card reader for its cloud-based iPad point-of-sale (POS) system.

August 5, 2014

On dates ranging from October 19, 2013 and April 10, 2014, hackers compromised the security of credit card processing systems at 33 locations of the P.F. Chang’s restaurant chain in Florida, Maryland, New Jersey, Pennsylvania, Nevada and North Carolina, and may have stolen consumer credit card data.

July 23, 2014

Card.com, a provider of mobile prepaid debit cards, is partnering with IDology, a vendor of technology solutions that verify an individual’s identity and deter fraud anywhere in the payments value chain.

July 14, 2014

Consumer spending slowed in June but remained positive on a year-over-year basis with a growth of 3%, according to First Data SpendTrend analysis, which tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million merchant locations serviced by First Data.

June 13, 2014

P.F. Chang's Chain Bistro confirmed Friday that it had been the victim of a data breach in which data was stolen from customers’ credit and debit cards used at its restaurants.

June 12, 2014

P.F. Chang’s China Bistro Inc. is the latest retailer to investigate a possible data breach.

May 27, 2014

While the reach of mobile devices has grown dramatically in recent years, we’ve failed to realize the promise of using this ubiquitous device as a mobile wallet.

April 9, 2014

Forte Payment Systems is launching Forte Checkout, an intuitive platform for online payment acceptance that supports electronic check in addition to credit and debit card payment methods.

April 9, 2014

VeriFone Systems Inc. plans to release the VX 690, a handheld EMV-capable payment terminal featuring Bluetooth, 3G radio and Wi-Fi connectivity for fast transactions and flexible payment capabilities, in late 2014.