Technology

In just one week, Swedish company Seamless has expanded its SEQR mobile payment service to three more countries in Europe.

UnionPay International, a Shanghai-based subsidiary of China UnionPay, has launched a rewards program with duty free businesses at airports around the world.

Large banks and card issuers are ready for the U.S. shift to chip-and-PIN technology, according to a report issued Wednesday. But the drop in fraud that is expected to result is unlikely to come any time soon.

In the Chinese payment processing space, which is dominated by government-controlled entities such as UnionPay, the dynamic of pursuing new customers is markedly different from in the U.S. This point was a key factor when investment firm TA Associates chose to invest in YeePay, a company with limited ambitions.

Everlink Payment Services has created a prototype wearable payment device that works with Interac Flash.

Flint Mobile is joining the many technology companies that are evolving from their roots as payment providers to become enablers of a broad range of services.

Four House lawmakers announced Thursday that they had formed a bipartisan group to focus on "the new and innovative technologies in the payments industry."

Some "friendly fraud" is more manipulative than friendly. Global Risk Technologies wants to help merchants appeal more chargebacks and get back some of the billions of dollars lost to friendly fraud.

Moneris Solutions Corp. was chosen to handle all payment processing for the Government of Canada, the company announced March 19.

Target Corp. agreed to settle with more than 100 million customers whose personal information may have been breached in a database hack in 2013, among the biggest to hobble retailers and banks in recent years.