David Heun

Capital One has snatched a designer from Google's touted advanced technology and projects team to help boost the bank's mobile commerce and payments technology development.

Capital One has snatched a designer from Google's touted advanced technology and projects team to help boost the bank's mobile commerce and payments technology development.

Facebook has expanded its relationship with payments provider Braintree, which is part of eBay's PayPal, to power a program for mobile application developers.

JCB plans to expand its current J/Speedy contactless card technology to allow Japanese consumers to make cross-border payments with EMV-chip cards or through smartphones and wearable devices.

As a new Russian law took hold July 1 to help support a new national payment system, the country may have extended an olive branch to Visa and MasterCard regarding its fees. But Visa says these reports are conflicting, and the details are not yet finalized.

Twitter appears to be preparing to add "Buy Now" buttons to tweets in a move to transform its microblogging service into an e-commerce platform.

Paysafecard is bringing its prepaid online payment service to Peru and Uruguay, providing those who may not have a bank account with an e-commerce shopping option.

MasterCard Inc. has completed its acquisition of Pinpoint Pty. Ltd., an Australia-based loyalty and rewards service provider.

The U.S. would be at a clear disadvantage if its financial institutions fail to adopt the ISO 20022 standard, which many other regions use to handle electronic payments, the Federal Reserve Banks say.

The telco is offering Payleven's hardware to enable its small-business customers to comply with an Italian mandate to cut back on cash use.

The website hosting company GoDaddy built its first mobile and online payments service using APIs from PayPal, Dwolla and Stripe.

The Spanish bank says it is first to bring Visa's version of cloud-based mobile payments to market.

Businesses cling to the paper check even as technology moves more payments into the mobile channel. Deluxe Corp. is bridging these two trends with an app starts a payment on a mobile device and ends it with a printed check.

McDonald's is testing a payments-capable variant of its McD App in some restaurants in Georgia.

Consumers will be making payments with a tap of their wristwatch as Google Inc. launches its Android Wear platform for wearable devices.

David Sear will be leaving his post as chief executive of Weve Ltd. as soon as the London-based mobile commerce transitions to his successor, the company says.

By combining their payment and personal financial management technologies, Payveris and Geezeo are working to help banks fight the threat of nonbanks becoming consumers' preferred financial destination.

Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says.

Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says.

Mobile payments technology provider SimplyTapp is opening its developer platform to allow card issuers and mobile app developers to quickly integrate Host Card Emulation, a technology that simulates a Near Field Communication contactless payment.