John Adams

Intuit's decision to shed its digital banking division demonstrates the technology developer's position that banks aren’t the only way to marry merchant services with consumer mobile payments.

The Chicago Transit Authority is planning an August launch for its new fare system that will allow retail and fare payments from the same card.The open standards fare system is called Ventra and was developed through a partnership between Cubic Transportation Systems, MasterCard and First Data. With it, Chicago transit riders can pay for fares on the city's elevated trains (called the "L"), buses and subway that are all operated by the CTA, as well as suburban bus line fares for routes operated by a separate transit authority called Pace.

Western Union and Commercial Bank of Dubai will launch a co-branded prepaid payroll card in the United Arab Emirates.

Mobile and online payment network RentMoola has partnered with Landlord Web Solutions to offer Web and mobile payments to property managers in Canada.

Chunghwa Telecom has hired Gemalto to secure its Near Field Communication payments program. CHT, Taiwan’s largest mobile operator with 10 million subscribers, will use Gemalto’s UpTeq NFC SIM-embedded software to protect contactless payments. Gemalto’s product also enables CHT to deploy and manage additional NFC services.

LevelUp will integrate its loyalty and mobile payment technology into the pcAmerica Restaurant Pro Express and Cash Register Express point of sale systems.

Advertising industry payments have become challenging to manage, as expanding media outlets create diverse cash flows between clients, ad agencies and media outlets.That complexity is driving a partnership between AnchorOps, a company that partners with advertising and media agencies to provide electronic payments, audits, reconciliation and software development and Wex, a provider of corporate payment products. The two companies have launched AnchorOps ePay, which customizes payments for advertising and media buying agencies.

Virtual Piggy, the parent-controlled money management platform for children, added an experienced mobile banking designer as its new creative director of mobile design.

Innovation to Commerce Inc., a cloud-based payments processor, will power prepaid card programs for DMS Banks & Trust Ltd., a Cayman Islands bank that provides offshore financial services.

Total System Services closed its $1.4 billion acquisition of NetSpend on July 1, in line with its previously disclosed schedule for closing.

Total System Services closed its $1.4 billion acquisition of NetSpend on July 1, in line with its previously disclosed schedule for closing.

Card processor and merchant acquirer Clearent is working with Reward4Schools to help the Missouri-based community rewards provider reach a national audience.

Payments startup Clinkle has attracted a long roster of Silicon Valley investors for its new payments technology, which is expected to debut within the next year.

CCBill has developed a portal to help merchants analyze data produced by payments to spot purchasing patterns and other trends that can tie past transactions to future business strategy.

Webster Bank's plotting its move into mobile payments, and part of its strategy is to let others make the mistakes, particularly when it comes to tapping payments data for purposes such as marketing.

Vantiv and Planet Payment have launched the Pay in Your Currency service at 85 Billabong locations in the U.S.

Tablet point of sale technology provider Revel Systems has raised $10.1 million in expansion capital that it will use to increase staff as well as open new offices in Asia and Europe.

Small business online service provider Web.com has incorporated MasterCard's digital wallet, MasterPass, into its offerings, enabling MasterCard to dramatically and quickly expand MasterPass' merchant base.

Comdata Corp. will provide fleet and fuel payment for Lowe's, a hardware seller with more than 5,000 vehicles.

Money transfer provider Xoom is making a push for mobile payments to improve the experience for the recipient of a money transfer.