Visa's "tokenization" service substitutes your credit card data with random numbers when you pay for items with your phone, a move that could open the door for Apple Pay and its rivals. Lance Whitney ...

Banks rushed to work with the Apple Pay mobile wallet when it debuted in 2014. They have some regrets. When Apple Pay launched, the tech giant got big banks including JPMorgan Chase & Co., Capital One ...

A number of banks are currently pressuring Visa to make changes to the way it processes some payments made via Apple Pay, moves that would reduce the fees the banks pay to Apple for certain ...

Researchers have demonstrated that someone could use a stolen, locked iPhone to pay for thousands of dollars of goods or services, no authentication needed. An attacker who steals a locked iPhone can ...

A proposed class action lawsuit has accused Apple of accepting a form of bribe from Visa and Mastercard to ensure their dominance over point-of-sale payment card services for Apple Pay transactions, ...

The world is moving toward a cashless future, and Apple Inc. AAPL is at the forefront of this transformation. With Apple Pay and Apple Card becoming integral parts of its ecosystem, digital ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Major banks such as Asia Commercial Joint Stock Bank (ACB), Military ...

New research says that Apple Pay is only the fifth most popular payment platform in the US, despite previous claims that it was beating MasterCard. In 2022, researchers claimed that Apple Pay had ...

Banks and credit card issuers are at odds with Apple over some of the charges that apply to Apple Pay transactions, with Visa backing out of one change that would have cut fees paid to Apple for ...

Apple, Mastercard and Visa have successfully dodged a lawsuit that claimed the companies were colluding to maintain the current status quo in point-of-sale-payment card services, Reuters reports. The ...

Researchers in the U.K. have demonstrated how large unauthorized contactless payments can be made on locked iPhones by exploiting Apple Pay's Express Transit feature when set up with Visa. Express ...