Bailey Reutzel

With a community-based state charter, Veridian Credit Union isn’t supposed to have members outside its market in Iowa. And yet the credit union has been handling funds nationwide for the alternative payment company Dwolla since 2009.

Lemon is working with BillGuard, which provides a transaction monitoring service, to boost its mobile wallet's security and perhaps also boost the wallet's appeal among consumers.

Government benefits departments in Canada can now instantly issue open-loop, reloadable prepaid cards, which reduce costs by eliminating the need for checks.

California-based Tipalti offers an automated mass payment system for companies to send money with a wide range of payment methods to their partners all over the world.

Third quarter net income at corporate payments services provider Wex Inc. plummeted 70% year-over-year, the result of costs associated with a retroactive change to tax laws and other one-time expenses.

Aiming to bring confidence to the secure mobile services space, Fime launched its GlobalPlatform trusted execution environment, or TEE, test tool Wednesday.

BBVA will launch a trial of the V.me digital wallet with Visa Europe next month, making it the latest bank to support Visa’s digital wallet and the first in Spain to do so.

As Wright Express Corp. expands internationally and creates new products not solely focused on the freight community, it decided it was appropriate to pick a new name. Wright Express now calls itself WEX Inc.

In recent months, several payments industry players have expanded north into Canada, benefiting from the country's similar financial landscape and largely absent language barrier, but sometimes slowed by differences in regulation and technology.

Dwolla now allows users to make payments in batches, a feature designed to elevate the service beyond person-to-person payments and turn it into a viable tool for business.

Stepping into two unusual places, the eGifting space and the online greeting card market, BillMyParents designed a patent-pending virtual greeting card that multiple users can sign and attach money to.

Total System Services Inc. reported transaction and sales volume rose during the third quarter, contributing to increases in net income and revenue.

Before there were phones built with near-field communication chips for payments, companies designed stickers, sleeves and memory cards to bridge the technology gap. Even as momentum builds for NFC-equipped phones, these companies say there is still an audience for add-on payment tech.

PayPal, in a recent agreement with MoneyGram International, is demonstrating once again that digital payment systems aren't fighting cash — they are fueled by it.

PayPal, in a recent agreement with MoneyGram International, is demonstrating once again that digital payment systems aren't fighting cash — they are fueled by it.

Clear2Pay and TestPlant are partnering to create a product that allows app vendors and wireless carriers to test the security and interoperability of their mobile payment products before they enter the marketplace.

PayPal is streamlining its operations, consolidating nine different product teams into one organization.

A Los Angeles city committee agreed to seek a vendor to offer an identification card that doubles as a prepaid ATM card for the underbanked.

Retailers’ mobile-pay apps are gaining popularity, and many merchants hope their customers will spread their brand affinity by using the apps to send virtual gift cards to a friend or family member’s device.

Whimsical birdcages, colorful jackets made of recycled fabric and other arts and crafts knick-knacks on Etsy can now be purchased with gift cards.