Technology

Azimo, a mobile remittance startup out of London, has raised $20 million from investors at Frog Capital, MCI Investments, Greycroft Partners and e.ventures, according to a report in TechCrunch.

First Data likens its new Clover Mini payment terminal to Apple's product line: it's a device made to fill a niche that everyone else thought was already being served.

Uber is a successful but sharply divisive brand. To Capital One, Uber is also an ideal partner for reaching a millennial customer base that would rather pay for everything through an app.

After several years of dormancy, Apple resurrected Near Field Communications (NFC). However, it remains to be seen if NFC will ultimately prosper and become the kind of ubiquitous payment technology that today is unique to payment cards.

MasterCard will begin offering tokenization for app, e-commerce and recurring payment programs as it expands MasterCard Digital Enablement Services (MDES).

Square Inc. will eventually be a publicly traded company and could conduct an initial public offering this year if it wanted to, its former chief operating officer said.

BBVA has not been afraid to grasp new payments technology and run with it, especially with its BBVA Wallet.

As Apple Pay grows, the security of Apple's mobile devices becomes more critical. With fingerprint identification built into every new iPhone built since 2013, why is Apple now strengthening its rules for PIN authentication?

Multinational banks that delay preparation for the European Union's proposed General Data Protection Regulation could pay a steep price: hundreds of millions of dollars in fines.

The mega-banks' P2P venture, clearXchange LLC, has developed technology that could give it a key role in any implementation of faster payments in the U.S.