John Adams

Core Innovation Capital, the investment partner of the Center for Financial Services Innovation (CFSI), has made an investment in Wipit Inc., a mobile payments company focused on unbanked consumers.

HealthcarePays (HCP), a member-owned payment network, has partnered with technology developer StoneEagle to sell an electronic payments system.

The Societe de transport de Montreal (STM) is testing a loyalty program that ties user preferences and special offers to transit payment cards, a move that's also designed to shift rider volume from peak times.

The digital payments initiative clearXchange is run by three banks that make up more than 50% of the online banking market in the U.S., but it still has a lot of work cut out for it.

The EMV Migration Forum has released a white paper detailing current testing requirements for acquirers, acquirer processors and direct-connect merchants as companies migrate to EMV-chip cards.

The bank-run payments venture clearXchange has named Wells Fargo's Michael Kennedy as the company's chief executive officer.

Transaction Network Services (TNS) will use Inetco Insight to monitor TNS' ACI Postilion payment processing environment to spot potential performance glitches.

PayPal has unveiled PayPal Beacon, a plug-in device for merchants that will detect when shoppers running PayPal's mobile app enter a store.

Citi has completed its purchase of electronics retail giant Best Buy's U.S. credit card portfolio from Capital One.

MasterCard processing subsidiary DataCash will integrate with TV App Agency’s TV App Engine to enable electronics makers and app developers to accept payments through specially equipped televisions.

The Hailo taxi e-hail app has integrated VeriFone's application programming interface to enable passengers to electronically hail and pay for taxi trips with their smartphones, a combined service that’s expected to be available the week of Sept. 9.

Equipment leasing company TimePayment is adding a new Web calculator to improve vendors’ ability to manage payments for business equipment, as well as extend sales by optimizing renters’ budgets.

Cynergy Data has chosen Roam’s white-label product to power its Vwalaa mobile payment brand.

Card marketing and production company Arroweye believes issuers are sitting on a ton of user data that can be used to quickly distribute personalized cards that carry pinpoint marketing messages.

VeriFone's recovery from its earnings slump will rely heavily on merchants investing in new technology to respond to the impact of mobile on payments.

A new group of payment terminal providers will add Isis’ specifications for payments and loyalty programs, enabling the telecom-driven mobile wallet to reach approximately 90% of the addressable market for point of sale hardware in the U.S.

Elavon has hired Realex Payments to provide a number of digital payments services for the Elavon Payment Gateway in Europe.

In an effort to shield merchants looking to expand into new markets, PayPal will launch an expanded seller protection policy for the Asia Pacific region on Oct. 11.

The ATM Acquirers Alliance is restructuring its organization to accommodate new industry segments and payments technology and has changed its name to Integrated Payments Alliance.

Western Union has introduced a mobile money transfer service that allows consumers to send money into a mobile wallet in Nepal.