John Adams

Visa CEO Charlie Scharf responded to the retailer-backed Merchant Customer Exchange (MCX)'s recent moves in mobile payments by pointing to the growth of Visa's V.me digital wallet, its penetration among merchants, and the fact that MCX's wallet still hasn't launched.

Citi Bike, a New York bike-rental initiative sponsored by Citigroup, disclosed a breach of payment card data.

FreedomPay has hired Rodney Bowen-Wright, a former Microsoft venture capital specialist, to be its chief business development officer.

QR codes, the two-dimensional bar codes used in many mobile wallets, are easy to deploy but can vary in their level of security.

Discover Chairman and CEO David Nelms emphasizes that the financial benefits of partnerships with companies like PayPal and Ariba will not come right away.

Youth payments company Virtual Piggy will provide its services to Better The World Inc.'s FlipGive, a platform that connects companies to fundraising efforts.

Shopkick now allows consumers to make purchases directly from its mobile app, which rewards consumers for visiting its merchant clients in-person.

The Affordable Care Act's individual mandate will hasten individual responsibility for health care procurement and payments, making mobile apps increasingly important.

In an attempt to undercut U.S. banks by giving consumers free ATM access, Discover Financial Services will provide its card holders with access to surcharge-free ATMs via a partnership with Allpoint Network.

Citigroup is migrating its commercial card business in Turkey to its global platform, as the bank plots additional moves into Russia and other markets.

Adquira and Inetco are attacking payment-processing slowdowns by using cloud-delivered technology to track the performance of individual components of a transaction.

The federal government says it may build databases of credit card transactions, hotel records and Internet searches as part of counter security measures.

DeviceFidelity, which has spent years supporting hardware-based mobile payment systems with the likes of Visa and MasterCard, is reporting success in devoting more attention to the software-based aspects of its moneto wallet.

The Merchant Customer Exchange (MCX) has hired Dekkers Davidson to be its CEO. Davidson was most recently a managing director at Barclaycard US.

Financial Prepaid Services (PFS), a MasterCard prepaid partner, has introduced the SmartPayCard Prepaid MasterCard in Slovenia, the first domestically issued prepaid MasterCard in that country.

Heartland Payment Systems will use Alaric's Fractals fraud prevention and detection product to monitor the 300 million card transactions it processes each month.

Payvia is looking to burst through the traditional mobile funds transfer model in emerging markets by adding a wide range of digital services and new forms of content.

Tablet point of sale technology provider ShopKeep POS has hired Todd Lasher as vice president and general manager of its channel business.

DeviceFidelity has chosen MoneyGram to be the money transfer provider for its moneto mobile wallet.

Prepaid card provider epay has rolled out Google Play gift cards at more than 5,600 food and discount stores in Germany.