Technology

PayItSimple, a credit card installment provider based in Herzliya, Israel, has announced its launch in the United States.

The payments industry has changed dramatically over the past year, and so has the mindset of those in the industry. The focus is shifting from mobile payments and Bitcoin to fraud mitigation and security.

Just a few days after debuting on Wall Street with one of the biggest initial public offerings to hit the U.S. market, Chinese e-commerce giant Alibaba Group Holdings has joined the Fast IDentity Online board.

Business-to-business payments provider Traxpay Inc. will expand its reach by routing B2B transactions across MasterCard Inc. rails.

Merchants using Revel Systems' iPad point-of-sale software will now have the option to incorporate Web ordering into the system, and will also be able to accept Apple Pay when Apple's mobile wallet launches next month.

In theory, lenders are generally receptive to regulators' calls for broader consumer access to credit, but they're also concerned about the increased risk it might entail.

CO-OP Financial Services is developing a mobile app that will give consumers the ability to activate and deactivate card capabilities on the fly.

SpendSmart Networks has purchased the e-commerce solutions division of TechXpress and plans to integrate the company's online and mobile services with its existing loyalty program offerings.

The Swedish mobile payments company Seamless has agreed to acquire Ingram Mobile Mobility's prepaid mobile operations in Sweden and Denmark.

The government-sponsored mortgage giants, facing pressure to end their reliance on old credit-scoring models from Fair Isaac Corp., are working with their regulator to study newer alternatives.