Dan Henry, who became NetSpend's CEO in 2008 and leaves at the end of this month, plans to look beyond the prepaid world after his final day on the job.
MasterCard's digital wallet is currently live in 10 markets and the company has plans to add four more countries this year in a push to strengthen the card network's capabilities in an increasingly digital world.
Hilton's updated mobile app, which lets guests use their phones as room keys, has almost nothing to do with payments. But it may be the catalyst the payments industry has long needed to get consumers to warm to mobile wallets.
Six-year-old Poppy Blacow and her father Rik watched a distant stage where Black Sabbath, the English rock band led by infamous lyricist Ozzy Osbourne, was playing. They wanted to get closer seats, but upgrading their tickets was a decidedly "classic rock" experience in need of a "modern rock" upgrade.
Target Corp., struggling to fix a botched expansion in Canada and undo the lingering damage of a holiday hacker attack, hired former PepsiCo Inc. executive Brian Cornell as chief executive officer.
Westpac New Zealand plans to leverage mobile technology on several fronts in the coming year, powering contactless payments while maintaining more control over customer relationships than it would have if it signed on to a telco-led venture.
Square plans to offer a version of its plug-in card reader that can read EMV-chip cards, but the added security may come at a cost.
The Secure Remote Payment Council wants a more open process in the development of a standard for tokenization, with the goal of ensuring a single token can be handled by multiple parties to improve security.
If Capital One can lure a highly regarded expert like Dan Makoski from Google to head up the bank's payment technology development, it stands to reason other banks would do the same. Maybe. But it won't be easy, experts say. read more »