Technology

Mobile payment and commerce provider Mozido LLC is bringing on a former MasterCard executive as its president for global markets.

Western Union is adopting a vastly different use of Apple Pay than what banks and merchants have so far considered.

Peer-to-peer and institution-to-small business loan marketplace Funding Circle launched a new fractional loan marketplace today, the San Francisco company announced.

The Federal Reserve System threw its weight behind a host of standards, goals and timelines yesterday that are likely to shape the quest to build a faster U.S. payment system.

The Federal Reserve appears to have looked at Bitcoin as a potential set of rails for real-time payments in the banking system but shelved the concept for now.

Amazon.com's decision to quietly shut down its digital wallet app last week shows an uncharacteristic caution on the part of the e-commerce giant. Merchants throughout the Web use the company's e-commerce services, but the mobile and digital payments world is considerably more cutthroat.

Intuit will integrate payment technology from Stripe to automate tax reporting for self-employed workers in the version of its tax-filing software QuickBooks targeted towards them.

The 16th hole at the Waste Management Phoenix Open PGA tour event at TPC Scottsdale has become golf legend because it is the only time on the tour in which fans cheer and jeer each tee shot as if at football game.

Smartphone-based payment systems promise to let shoppers eliminate the hassle of carrying cash and credit cards around. But even as mobile payments spread, there’s one piece of plastic people still can’t leave home without: their driver’s licenses.

The launch of the U.S.'s first regulated bitcoin exchange gives an already curious merchant base more of a reason to jump into virtual currency.