John Adams

Square has eliminated holds and deposit limits for manually entered transactions in the U.S., and is marketing these changes to frustrated PayPal users.

Swedish mobile payment company Seamless has introduced its SEQR mobile wallet in Belgium in collaboration with bpost bank, with an initial deployment at Belgian McDonald’s locations.

Blackhawk Network has completed its purchase of InteliSpend Prepaid Solutions, which will operate as a business unit of Blackhawk, a distributor of gift cards and prepaid telecom products.

U.S. Bank has launched a travel payments engine that provides unique identifiers for each transaction instead of a centralized billing umbrella.

The payment processor Planet Payment has named Carl Williams as its president.

Heartland Payment Systems will be a distributor of American Express Merchant Financing, a program that allows small businesses to obtain credit based on annual card processing volume.

Former First Data CFO Cheryl King will assume the same position at PaySpan, a health care payment automation company.

Blue Cross & Blue Shield of Rhode Island (BCBSRI) has purchased technology from ACI Worldwide to support integrated mobile, Web, interactive voice response, call center and electronic lockbox payment options.

Chip-testing provider Fime has developed an infrastructure and laboratory for Discover's contactless D-Payment Application (D-PAS) products.

Citibank Hong Kong and wireless carrier 3 Hong Kong are jointly launching the 3 Citi Wallet, which was designed for Hong Kong, but establishes a technology Citi can export to other regions.

BROOKFIELD, Wis.—Sixty percent of consumers make at least one payment per month with a laptop or desktop computer, according to a survey commissioned by Fiserv.

LOS ANGELES—CU Wallet has added 10 new credit union partners since the initiative's September unveiling, for a total of 25 credit unions representing 3 million members across 17 states.

As Wex extends its suite of travel and fleet payments products, the company is addressing the challenges that accompany certain markets.

CyberSource, a Visa e-commerce subsidiary, has partnered with Banque Pour Le Commerce Exterieur Lao (BCEL), Laos' largest commercial bank, to provide online payment services to merchants.

Despite the surge of emerging payment technologies, consumer behavior is slow to change —giving banks time to adjust.

MasterCard, echoing remarks made 16 hours earlier by Visa, is placing security at the heart of its emerging payments strategy.

Signature Card Services is bringing a dose of e-commerce to the U.S. migration to EMV-chip cards.

Visa, which reports its fraud rate is at a historic low of 6 cents for every hundred dollars processed, is positioning itself as a safe haven for payments services.

Starbucks Corp. reports that it receives 11% of its U.S. and Canadian sales through its mobile app, continuing its momentum in enticing customers to pay with the mobile version of its closed-loop Starbucks Card.

Heartland Payment Systems is making investments in tablet technology to attract merchant clients while combatting mobile payments startups.