Technology

Optimal Payments, a payments and risk management company based in London, is acquiring two online payment firms in an effort to expand its business in the U.S.

The U.S. would be at a clear disadvantage if its financial institutions fail to adopt the ISO 20022 standard, which many other regions use to handle electronic payments, the Federal Reserve Banks say.

The telco is offering Payleven's hardware to enable its small-business customers to comply with an Italian mandate to cut back on cash use.

The website hosting company GoDaddy built its first mobile and online payments service using APIs from PayPal, Dwolla and Stripe.

Sweden's Seamless has entered into an agreement with InComm that will enable the Atlanta, Ga.-based company to offer digitized versions of reloadable closed-loop cards.

The Spanish bank says it is first to bring Visa's version of cloud-based mobile payments to market.

PayPal has added a new fingerprint identification option to its app for users of Samsung's Galaxy Tab S tablet, furthering PayPal's push to be an early adopter of Samsung technology.

The launch of Android Wear, Google's platform for smartwatches, has opened the floodgates for new payment ideas. Some developers are flocking to Google's platform, and others are ignoring Google entirely.

The telco-owned Isis mobile wallet is trying to determine whether its brand is damaged by consumer awareness of the militant group Islamic State in Iraq and Syria, or ISIS, as it's commonly called by the U.S. media.

PayByPhone has been selected by Florida International University in Miami to provide a cashless payment service for its campus parking lots.