John Adams

Planet Payment’s financial performance declined in the past year due in part to investments in new technology, which the company expects will improve acquirers’ ability to add services directly to point of sale systems, says CEO Philip Beck.

While the federal government's in a cost-cutting mood, electronic payment providers are actively promoting their wares to the agencies and companies affected by the new constraints.

MasterCard is working with SelectCore to issue prepaid cards for World MasterCard Fashion Week, scheduled for this week in Toronto.

Communication Federal Credit Union is deploying Tyfone’s mobile banking software. Tyfone’s suite enables mobile banking via mobile app, mobile web or SMS.

Planet Payment will allow electronic commerce merchants in the U.S. and Canada to accept UnionPay cards, one of the largest card brands in the world, with more than 3.5 billion cards issued internationally.

Twitter and Square co-founder Jack Dorsey told "60 Minutes" he would like to move to New York and run for mayor.

Article One Partners occupies a distinct niche—it uses crowdsourcing to combat patent trolls—an international mission that's a payments challenge.

Payair's technology supports many mobile-payment methods, but the Swedish company is promoting only the most straightforward forms through its integration with Cash IT.

Visa will work with Planet Payment to extend payment processing in international markets such as Myanmar.

Fleet card provider FleetCor Technologies has acquired Telenav, which sells technology that tracks the location of truck drivers and mobile workers who buy gas and make other work-related purchases while on the job.

Intuit is making Inuit Pay generally available in the UK, enabling businesses to accept credit and debit payments in person and over the phone.

The company’s new iPad app can perform many of the same functions as its iPhone app, such as accepting PayPal and swiped card payments. The iPad app is being targeted at businesses that require hardware more robust than an iPhone to accept payments, yet don’t have a point-of-sale system.

Canada is well ahead of the U.S. in its adoption of the EMV chip-card standard. That places BMO's Kevin Tait in a bit of a time warp, since a large part of BMO's corporate payments operations are in the U.S.

Global money transfer company Xoom is launching Pay Only When Received (POWR), a model through which the company does not withdraw money from a sender's bank account until the funds reach the recipient.

Carrier-integrated mobile payment provider BilltoMobile will handle payments for NCSOFT Corp.’s online games in North America.

Belt Valley Bank is small even by community bank standards—it's got about $62 million in assets and 18 employees. But it has the tools to compete directly with the likes of Square for accepting payments on mobile devices.

As it plots its expansion, payments tech developer Stripe is also building expertise via acquisition. It recently purchased Kickoff, a task management and collaboration application designed for teams.

Western Union has released two new mobile applications for its Western Union Speedpay service.

At Golden 1 Credit Union, consumers' habit of favoring debit cards over cash created an opportunity to promote mobile payments—with an added lure of integrating other mobile services.

U.S. Bancorp's global payment subsidiary Elavon is opening a mobile innovation center at its Atlanta headquarters to build technology for merchants.