Technology

Payoneer, a cross-border payments company, has received an investment from Ping An, a Chinese financial services company, to expand its business in Asia.

WASHINGTON — Payday lenders are raising the stakes in their pushback on Operation Choke Point with a lawsuit against banking regulators, alleging that "back-room pressure of banks" to dissolve longstanding relationships with payday shops and others is unfairly harming the industry.

Clients of EFT Source have issued more than 524,000 debit cards in a year through its Card@Once Instant Issuance Printers.

Mobile commerce provider Spindle has named a new vice president for its affiliate marketing program.

Mobile payments and ticketing promise a smoother process than waiting in line to purchase a paper ticket, but often, the reality is that a mobile ticket is only as good as the mobile phone's signal.

Financial institutions remain positioned well to forge deep relationships with business clients seeking help in navigating the challenges of emerging payments technology and risks, says Capital One's Jim Gifas.

Wearable payments will be one of the ways bank customers do transactions in the future.

The next decade could be the most transformational period the financial services industry has ever seen, and new payments technology such as digital wallets can help institutions compete in the years ahead, says American Express' Dan Schulman.

Square's new Order app allows consumers to order and pay at Square merchants before arriving at a merchant's store. The process for ordering is different for each merchant, based on the level of information they provide to Square.

VeriFone's second quarter revenue increases signal the company is heading in the direction CEO Paul Galant envisioned when becoming the head of the terminal maker in October 2013.