Fintech

Two payments technology veterans are working on a mobile wallet that would not require changes to the hardware and software at the point of sale.

Xoom will give customers who send a digital online money transfer to the Philippines during the month of May a $50 Amazon.com gift card as part of a Mother's Day promotion.

Discover Financial Services and Network International, a Middle Eastern payment provider, have formed a strategic alliance to allow cross border card acceptance.

PageOnce is changing its name to Check, a rebranding that signals the mobile financial management company's new focus on payments.

MasterCard does not plan to mimic Visa's recent move to develop a private-label processing network for banks like JPMorgan Chase, but CEO Ajay Banga acknowledges that if more institutions pursue the strategy, the card network will have to consider it.

Canada is presenting many opportunities to the payments companies operating within its borders and in the U.S. Here are some of the most recent examples.

RentPaidOnline (RPO), an online payment service for property managers, and mobile commerce provider Spindle are partnering to develop a mobile version of RPO’s portal.

When the latest "As Seen on TV" must-have gadget appears on-screen, consumers may someday be able to make the first of their payments by pressing a few buttons on their remote control. It may seem far-fetched, but it's a future that Ingenico chairman and CEO Philippe Lazare says is well within reach.

Flash Valet, which uses mobile technology to facilitate payments for valet service providers, is creating a companion mobile app for consumers.

American Express and Wal-Mart launched the Bluebird card last October. By January, it had over 575,000 account holders and $275 million in funds loaded onto the cards. Eighty-five percent of Bluebird customers are new to Amex, and 45% under 35.