Merchant

The merchant-backed mobile wallet consortium, Merchant Customer Exchange (MCX), announced today its working with the technology company Gemalto.

Miami Dolphins fans would no longer have to tackle big crowds at the concession stands if Sun Life Stadium can put a plan in place to use mobile apps to order and pay for food.

Smoothie maker Jamba Juice Co. built its menu around variety and customer choice. Its approach to mobile payments is no different.

The Washington-based Electronic Transactions Association is taking the first step in what could become a new mission as an international trade group.

The prepaid card industry has a lot to teach the companies that handle virtual currencies, as the Bitcoin economy begins to attract the same regulatory scrutiny prepaid cards received over the past several years.

Alioth, which sells government and payment cards in Russia, is teaming with NXP Semiconductors to launch a multi-functional card that combines payments with a range of other uses.

Fiserv is changing the name of its ACCEL/Exchange payments network to Accel, a move that draws attention to Fiserv's technology as the company competes against rivals such as Fidelity National Information Services and develops new emerging payments technology.

Retailers should determine how new mobile payment systems will work within the structure of their business, rather than fret over the specifics of the technology, says Jamie Henry, senior director of payment systems at Wal-Mart Stores Inc.

Banks are in an ideal position to develop a mobile wallet that could survive in a market that is otherwise "a hodgepodge of various wallets looking to stake a claim in banks' traditional payments industry stronghold," according to a new mobile wallet report from Mercator Advisory Group.

American Express, in naming Edward P. Gilligan as president, rewarded the executive's three-decade career with the company and filled a spot that was vacant since Alfred Kelly left the position in early 2010.