John Adams

Visa, MasterCard and American Express introduced a proposed framework for new global standards that would replace traditional account numbers with a digital payment "token" for online and mobile transactions.

Blackbaud MobilePay is using mobile commerce technology provider Roam, an Ingenico subsidiary, to support a mobile point of sale system for nonprofit payments.

Heartland Payment Systems has invested $20 million in its first round of funding for Leaf, a company that offers a tablet designed for accepting payments.

Matt Wilcox has joined Fiserv, where he will be the financial services technology company's director of digital payments marketing strategy and innovation.

Mobile technology company Monitise has developed a technology platform meant to support a suite of integrated mobile financial services, payments and electronic commerce.

Ingenico is planning to deploy a new lightweight payments acceptance device in North American markets this fall.

Difference Capital Financial is investing $2 million and will taking a 5% stake in Carta, a Canadian mobile payments company.

First Data has signed an extension of its merchant services partnership with Provident Bank, a $7.3 billion-asset bank that services central and northern New Jersey.

General Payments Systems has developed a software and hardware system that will allow its government agency clients to automate the collection of payments by check.

The Digital Media Zone at Ryerson University is home to many startups that hope to someday be as successful and famous as Square or LevelUp.

Toronto-Presto, a mass transit project that integrates payments for about ten systems in Ontario, is planning to add more card payment options and mobile technology over the next couple of years.

SecureKey is developing new payments technology that will allow consumers to use their mobile devices to enable fast authentication at the point of sale.

PayPal’s parent company eBay has entered into an agreement to buy online payment processor Braintree for $800 million in cash, a deal that’s expected to close in the fourth quarter pending regulatory approvals.

As Rogers Communications' David Robinson paced a stage in the company's corporate offices, he balanced two seemingly contradictory business decisions: its new role as an issuer of plastic credit cards and its long-term bet on mobile wallets.

EnStream’s vision of a mobile wallet looks a lot like an old school wallet, stuffed to bursting with payment cards, library cards and other documents. It's an ambitious strategy, but one that relies on the cooperation of a wide range of stakeholders.

MasterCard is working on new mobile payments functions that give shoppers the choice between Near Field Communication chips and QR codes — two mobile payments methods that have competed in the market and are typically treated as mutually exclusive.

Former VeriFone CEO Douglas Bergeron has partnered with private equity shop GTCR to form Opus Global Holdings, a company that will pursue acquisitions in the financial technology and payments sector.

Nacha, the electronic payments association, is advocating security as a reason to adopt faster processing — a move that would require a change in the association's rules that has thus far proven elusive.

Payment terminal maker VeriFone has appointed Paul Galant, previously a Citigroup payments executive, to be its chief executive officer and a member of its board of directors, effective Oct 1.

Mobile wallets are as much a threat as an opportunity to the credit union community. In an effort to fight back, One Nevada Credit Union is working with several experts on CU Wallet, a credit union-focused mobile payments system.