John Adams

Clinkle, the payments startup that's generated financial backing from Silicon Valley investors and rampant speculation about its technology model, has hired a pair of Web technology veterans as it ramps up for a launch next year.

CO-OP Financial Services is upgrading its Sprig digital wallet to allow broader person-to-person payments, and is also adding mobile credit and debit card control and alert features.

Joe Proto, a payments executive and founder of several technology companies, is the new board chairman at prepaid card marketer The SpendSmart Co.

Mobile technology builder C-Sam has created a version of its mobile app development platform that's preconfigured with MasterPass specifications for financial institutions and processors to more easily build custom versions of MasterCard's digital wallet.

Online remittance provider Xoom has followed up the quick start to its mobile payment services with local partnerships to allow the company's money transfer service to work across multiple channels.

The PayPal Digital Gifts website is a new e-commerce hub that sells virtual gift cards that can only be purchased using the eBay subsidiary's digital wallet.

While nearly two thirds, or 61%, of U.S. online consumers have heard of a digital wallet, only 11% actually use one, an indicator that wallet providers still face challenges reaching consumers, according to Forrester Research.

New York's city council recently voted to allow campaign contributions to be made by text message.

MasterCard is adding SumAll's data tools to the card network's Simplify Commerce platform in an effort to provide small merchants with options that might otherwise be out of their reach.

The Federal Reserve Board has approved a deal for prepaid card issuer Green Dot to buy GE Capital's Walmart-branded prepaid debit card business, according to a statement the Fed posted online Nov. 22.

The Federal Reserve Board has approved a deal for prepaid card issuer Green Dot to buy GE Capital’s Walmart-branded prepaid debit card business, according to a statement the Fed posted online Nov. 22.

Web commerce provider Digital River will supply online payments technology for HarperCollins, which has recently redesigned websites for author C.S. Lewis.

Virgin Galactic, billionaire entrepreneur Richard Branson’s commercial space travel venture will accept the digital currency Bitcoin for payments, founder Richard Branson told CNBC today.

Payment technology provider Yespay and retail services company PMC are partnering to build mobile payment products for retailers.

Electronic and social media payments provider Ribbon is building a person to person payment service, joining a market that's small yet fiercely competitive, analysts say, adding that Ribbon will be pressured to pair P2P with other products.

The wireless carriers' Isis mobile wallet venture is launching a new program to build merchant support for its technology.

Andrea Scerch is the new president of DataCash, an e-commerce payments company MasterCard acquired in 2010. Scerch replaces Ajay Bhalla, who is taking on a larger role at MasterCard.

Allied Wallet is developing new payment technology that allows users to identify themselves by using an add-on fingerprint sensor, and also plans to build biometric acceptance for merchants.

Google Wallet now offers a plastic Google Wallet debit card designed as an alternative to using a smartphone to pay at the point of sale.

Shopkick has begun deploying Apple's iBeacon Bluetooth Low Energy technology, which alerts the shopkick mobile app when a consumer enters a store, at Macy’s locations in Herald Square in New York and Union Square in San Francisco.