Technology

Google employees are testing a service that lets them make payments by speaking their initials to the cashier, according to an article in The Information.

PayItSimple USA Inc., which enables installment payments for merchants and consumers, has integrated with online payment processor Stripe.

The central bank is floating the concept of using the Internet to facilitate the direct clearing of transactions between financial institutions, which would likely diminish its own role in the U.S. payment system.

The central bank is floating the concept of using the Internet to facilitate the direct clearing of transactions between financial institutions, which would likely diminish its own role in the U.S. payment system.

MoneyGram has extended its relationship with SBI Remit in Japan, providing services both online and through walk-in locations to customers in Japan who want to transfer funds internationally.

Encryption has become a political hot potato for the Payment Card Industry Security Standards Council as it compiles a list of validated encryption vendors and services — and leaves off some companies that say they deserve to be recognized as secure.

This week's White House Summit on cyber security at Stanford University comes at a pivotal time for payment and security professionals, which have an opportunity to cooperate to fight Internet crime.

The creation of a new cybersecurity agency is the latest move by the Obama administration to combat the increasing threat of cyberattacks.

Sionic Mobile, an Atlanta-based mobile commerce company, released its Shop2Give app to the public today. The new app is designed to enable nonprofits to raise funds through consumers' mobile payment activity.

Hackers in several financial services industry data breaches targeted customer-contact information that is often thought of as less sensitive. But crooks can use that data and other bits of stolen info to do great harm.