John Adams

Youth oriented payments company SpendSmart has retained the Maxim Group to help it spot acquisition targets.

Infobip is planning to grow its mobile payments and consulting business in the U.S., betting the robust consumer adoption of mobile technology will create a substantial opportunity for carrier billing.

The developers who have an early look at Apple's new iOS7 operating system have found it supports the use of Bluetooth Low Energy (BLE), a wireless technology that some consider a longer-range alternative to Near Field Communication (NFC).

PayPal, following a highly publicized clash with a crowdfunded company, is putting crowdfunding under a microscope to avoid compliance and security risk.

Payment processor Cynergy is getting into the mobile point of sale game, hoping its existing mix of merchant services and mobile technology will capture attention in a crowded market.

Payments technology company TIS will work with SAP to streamline Single Euro Payments Area [SEPA] compliance.

MasterCard is placing more emphasis on things like airline boarding, wearable computing and many other things the card network contends can be used to win a consumer's business long before the payment is made.

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.