David Heun

Irvine, Calif.-based chip maker and electronics provider Broadcom applied for a patent for multiple Near Field Communication antennas in an NFC device around the same time Apple Inc. did in 2012.

Merchants seeking a court ruling that would cause the Federal Reserve Board to re-establish debit cap fees at a lower rate want more time to consider bringing the case to the U.S. Supreme Court.

Apple is fine-tuning its mobile purchasing capabilities, adding parental controls and voice commands to digital content purchases and extending its TouchID fingerprint authentication system to third-party developers.

Merchants seeking a court ruling that would cause the Federal Reserve Board to re-establish debit cap fees at a lower rate want more time to consider bringing the case to the Supreme Court.

When Shell introduced its Shell MasterCard through issuer Chemical Bank in 1994, it used the simple message of "The Card That Earns Free Gasoline," which convinced more than 1 million consumers to sign up.

Apple executives have started talking to high-end retailers to gauge their interest in a mobile payments service, the Apple news site 9to5Mac reports.

B2B payments technology provider IQ Back Office insists that many companies can turn their accounts payable department into profit centers by using electronic and virtual card payments for vendor invoices.

Orderbird says it is ready to migrate into new markets after adding 400 new customers for its iPad-based point of sale system in recent months and adding payments industry veterans to its supervisory board.

A Near Field Communication patent application Apple Inc. submitted 18 months ago might demonstrate how future iPhones would make contactless payments at the point of sale.

MasterCard Inc. plans to help its cardholders address issues that arise from identity theft, while also extending its zero liability policy to include PIN-based and ATM transactions.

SumUp's plan to create an end-to-end mobile payment system without reliance on third parties became a reality this week with the rollout of a chip-and-PIN mobile card reader and terminal system.

The days of salesmen peddling point of sale terminals by simply pulling hardware out of a box are likely numbered.

North American coffee chain Tim Hortons Inc. is diversifying its mobile payment options.

The telco-driven Isis wallet is working to transform its consumer base into its newest sales force.

Traxpay Inc. wants to provide flexibility and speed when business-to-business payments hit unexpected snags that traditional banking systems can't resolve.

South Africa-based Standard Bank will formally launch its SnapScan mobile payment application to more than 10,000 merchants across the country, allowing them to accept payments from customers using QR codes and PINs.

Airtel Money and Total Oil are rolling out a mobile payment service for consumers in Uganda to purchase fuel and make in-store purchases with their Airtel accounts at Total gas stations.

Authentify Inc. says its new mobile authentication platform will work with the Samsung Galaxy S5's built-in fingerprint reader.

LifeLock Inc. left many of its customers "extremely frustrated" when it pulled its mobile wallet app off the market last week because of potential security gaps, but those customers understand it was the right thing for the company to do, CEO Todd Davis says.

Banks are not as aggressive as the many technology startups competing to dominate the mobile payments market, but their slow pace is justified, a new report says.