Technology

As consumer preferences shift, billers must have the resources to deal with the growing demand to pay bills on a mobile device, according to a recent study by the technology vendor Fiserv.

The Nigerian mobile payments company Teasy Mobile is expanding its range of services through a partnership with VeriFone Mobile, a joint venture of payment terminal maker VeriFone and mobile money provider Mobilis Networks.

Mobile payment and marketing company Mozido has acquired StickyStreet, which creates and manages customer loyalty programs, for an undisclosed price.

Consumers are more concerned than ever about how to protect their payment card data, but they also know they have very little skin in the game because of card issuers' zero liability policies.

Payments innovation comes quickly, and often from outside the banking industry, leading Associated Bank to create a special procedure to monitor the tech market and customer preferences.

Leaf, a provider of tablets for payments, has hired several executives including a director at Heartland Payment Systems, which recently invested in the startup.

Most issuing banks are not allowing recent retailer data breaches to change their schedules for adopting EMV-chip cards, even though Target and other companies have said they would fast-track their own plans.

VerifyValid is offering businesses and consumers a mobile application that enables users to write, approve, sign, receive and deposit checks from an iOS device.

American Express Co. is seeking to broaden its customer base by offering its first no-fee credit product that grants holders access to all of the lender’s rewards programs.

As U.S. issuers and financial institutions prepare for the shift to EMV, two significant benefits over traditional magnetic stripe cards are clear: increased security and reduced incidences of card fraud. However, the migration itself poses risks that must be addressed.