John Adams

MasterCard has entered into an agreement to purchase mobile wallet technology developer C-Sam.

Square will now accept Discover and Diners Club credit card payments in Canada, joining American Express, Visa, MasterCard and JCB credit cards.

According to new fraud prevention company Forter, the best way for merchants to combat electronic payments fraud is hand off the responsibility entirely.

Youth payments company Oink is partnering with Discover to add scale to Oink's efforts to adapt its online payment system for in-store use.

Smartphone commerce company LoopPay has released LoopWallet, as well as a fob that enables users to store payment credentials.

PayPal has hired Danese Cooper for the new position of Head of Open Source, a role meant to improve PayPal's engagement with external software engineers.

Planet Payment's president, Carl Williams, has been elevated to CEO, succeeding Philip Beck, who will remain chairman of the multi-currency transaction processor's board.

BNY Mellon's treasury services business is building a new infrastructure to facilitate tasks tied to corporate payments, such as processing, transaction tracking and pricing—particularly for clients who make payments across borders.

Visa and MasterCard are adopting emerging communications technology called host card emulation (HCE), which is designed to power bank and merchant-led mobile payments apps with less reliance on phone hardware.

E-commerce technology provider Payza will offer an outsourced service that allows U.S. merchants to accept card payments directly into their business bank accounts.

Mobile payments and messaging provider Infobip has added direct mobile billing connections for its network of merchants and retailers in Russia.

Capital One has joined clearXchange, providing a flood of new potential end users to the bank-led person-to-person payments initiative.

Bangkok Bank Public Co. Ltd. hopes to take advantage of Thailand's easy financial infrastructure to enable a number of new payment options, such as cross-institutional person-to-person payments made from a mobile phone or an ATM.

Former Groupon product chief Jeff Holden has joined transportation services provider Uber as chief product officer, Uber announced on Feb. 14.

High-tech credit cards have often been a tough sell because of their cost and complexity, but two companies are pushing two very different approaches that they hope hold enough appeal to consumers to outweigh the up to $100 fee for the cardholder.

Square's plans to install payments technology in Whole Foods stores will not hurt the processor Vantiv, CEO Charles Drucker contends.

Payments service provider Yapital has integrated Bluetooth Low Energy (BLE) wireless technology into its portfolio, enabling a range of new proximity payments and location-based services.

Gilbarco Veeder-Root plans to develop a fueling and marketing system the leverages location-based and mobile technology, relying on Bluetooth beacons from Qualcomm.

PNC Merchant Services has begun offering Clover Station, a tablet-based point of sale system, to restaurant owners and managers.

Former Google and PayPal payments executive Osama Bedier has joined WePay as the payment company makes a major push to court developers.