Technology

Payment software provider Oxigen Services India Pvt. Ltd. plans to update its mobile wallet with a virtual Visa card for online payments, a move that furthers both its financial inclusion efforts and its bank partnerships.

Square and Twitter founder Jack Dorsey has been in Ferguson, Mo., as part of the protests that followed the police shooting of Michael Brown, an unarmed African American teenager, earlier this month.

The paper check has received another death knell, as it is being eliminated as a redemption option in JPMorgan Chase's Ultimate Rewards Program as the issuer encourages more consumers to request statement credits instead.

Card-not-present merchants are battling increasingly frequent friendly fraud. That type of fraud–the “I don’t recognize” or “I didn’t do it” dispute–occurs when a cardholder makes a purchase, receives the goods or services and initiates a chargeback on the order claiming he or she did not authorize the transaction.

As consumers make more payments through mobile devices, the vendors who design mobile wallet apps are addressing any growing pains through in-app customer support.

Navicure introduced a new patient payment platform that allows health care organizations to facilitate bill collections.

The resurgence of subprime auto lending has stoked fears about poor underwriting and drawn parallels to the subprime mortgage debacle , but a group of economists at the Federal Reserve Bank of New York say there is no reason to panic.

The pieces for a robust digital payments market in India are in place, and are waiting for a merchant-friendly catalyst, says Srinivas Nidugondi, head of mobile financial solutions at Mahindra Comviva, which is partnering with First Data to offer a mobile point of sale product in India.

Tanjarine is looking to improve card security in restaurant payments as it deploys a tablet-based system that is also meant to improve the customer experience.

Ever since Google announced the availability of Host Card Emulation (HCE) in the last version of Android, the discussion in the world of mobile payments has taken a very interesting turn.