Merchant

The addition of Sean Glithero as CFO is one of several new hires by the online small-business lender.

Retailers are worried about the online giant’s move into bricks-and-mortar retailing. For example, Amazon's $13.7 billion acquisition of Whole Foods Market Inc. wiped $17 billion off the value of Walmart.

Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for banks to improve their communication about the benefits of location data.

Led by Starbucks and Apple's mobile payment apps, there's a boom underway and retailers need to act fast to avoid being left behind.

Mastercard has expanded its relationship with Pizza Hut to support mobile ordering in Japan.

Real-time payment processing is drawing more attention to tangible use cases, such as helping workers pay bills that are due before they receive their salary.

Square has long been considered at the vanguard of digital payment innovation, so it may be a little unexpected to see the company take a step backward into physical card issuance.

Retailers should focus on creating a premium experience for a broad range of customers, writes Tom Caporaso, CEO of Clarus Commerce.

Mobile commerce must support larger and more complex shopping categories to take the next step, and some companies are looking to enable this through alternative financing.

Global payments technology provider ScanSource has agreed to purchase POS Portal, a payment device supplier to the small-business market, for $145 million.