Technology

CaixaBank’s is managing smartphone hardware challenges for its new mobile payment app by adopting host card emulation (HCE).

Swedish payments startup iZettle AB has raised 60 million euros ($67 million) to expand in Europe and fund a plan to offer merchants cash advances on future card sales.

Old-fashioned banks and neobanks are both finding the battle for acquiring customers to be treacherous. So BankMobile, a mobile-first banking service, has launched an innovation lab-like division seeking new tech that could attract thousands of new customers per month.

London-based mobile point of sale provider SumUp has received 10 million euros [$11.2 million U.S.] in funding from investors, including American Express, Groupon and BBVA Ventures.

Application programming interfaces (APIs) have driven a technology revolution for small businesses that use the open development tools to add payments to e-commerce sites.

The smartphone can add significant security to payments, but it is also a tool that fraudsters can exploit. Researchers and scammers have already found several unique attacks that rely on mobile devices.

This fall, the United States will finally transition to EMV—but it’s too little too late.

The "buy buttons" that are popping up on social media platforms are intentionally simple, often meant to enable one-click purchases of individual products. But as the technology's popularity grows, so must its capabilities.

PayPal Holdings Inc. is increasing prices for thousands of small businesses as the company looks to maintain revenue growth and boost profit margins as a stand- alone business separate from EBay Inc.

European mobile point of sale gateway provider payworks will offer its service through Miura Systems' EMV and Near Field Communication mobile terminals.