Technology

For American Express' Nik Sathe, developers with no experience in the payments industry are among the best to hire.

A South African company called FlickPay wants to win over the country's retailers with a flexible fee structure for offering deals and loyalty programs through its smartphone app, but it operates in an increasingly crowded mobile payment market.

Intuit's Mint personal financial management site has rebranded the Check app, which the company purchased this year, to tie its payment capabilities to the Mint brand.

Rather than try to change consumers' behavior, Barclaycard is acting on research it conducted of 2,000 consumers who told the U.K. issuer what type of wearable payment device they'd prefer. Their preference: gloves.

The Consumer Financial Protection Bureau filed a lawsuit against Sprint Corp., alleging it illegally processed improper third-party billing charges – marking the first time the agency has pursued a telecommunications firm.

Paytronix Systems, a consumer rewards company, has signed an agreement with the payment technology company NCR Corp. to provide restaurant loyalty programs.

Optimal Payments has released a series of onboarding and developer options in an attempt to stay nimble amid the growing market of companies that use application programming interfaces (APIs) to offer transaction capabilities to retailers.

Nearly a decade ago, the Federal Financial Institutions Examination Council told banks that passwords are not enough to guard financial data, and many companies scrambled to evaluate new and sometimes bizarre alternatives.

Cubic Transportation Systems Inc. now offers Chicago transportation systems and its patrons a single mobile app for ticketing and contactless fare payments.

Adyen joins the ranks of financial technology companies to receive big money this week, announcing a $250 million funding round today.