David Heun

The card brand is updating the Visa Checkout online payment platform with a new button that asks users to swipe, rather than click, to initiate a payment.

Verifone's presence in the mobile point of sale market is as old as Square's, but it has had a bit more trouble reaching Square's market. This year, Verifone's strategy will be to move the goalpost — and to chop it up into smaller segments.

Square is "betting big on Near Field Communication," but not to the point the company would consider bringing back its own Square Wallet app, CEO Jack Dorsey says.

The banks that launched the clearXchange P-to-P network two years ago sensed the urgency to get solid footing in the consumer payments market, but its mission rapidly expanded.

Obtaining money transmitter licenses in every state has been a lengthy process for WorldRemit, but one that paid off big this month when the company became regulated in California.

Even though it has had a presence in the market since 2014, Square Inc. has made its launch in Australia official as it begins to offer payment processing and sales of its mobile point of sale hardware and software.

In expanding Visa Token Service, the card brand is requiring issuers to stop using alternate personal account numbers in cloud-based mobile payments and instead converting to tokenization.

In explaining the bank's commitment to the Chase Pay mobile wallet, an executive told investors in February that the mobile payment landscape was going to get more complicated before it gets simpler.

Spanish bank BBVA has acquired Finnish startup Holvi, a licensed payment company specializing in developing digital accounts for small business owners.

Putting bank venture clearXchange's push for real-time person-to-person payments in motion, U.S. Bank says it is one of the first to make the service available to its customers.