Technology

American Express Co. drew from the ranks of Google Inc. and Goldman Sachs Group Inc. to bolster its technology unit by hiring Brian Saluzzo and Nik Sathe.

E-commerce technology provider Payza will offer an outsourced service that allows U.S. merchants to accept card payments directly into their business bank accounts.

Mobile payments and messaging provider Infobip has added direct mobile billing connections for its network of merchants and retailers in Russia.

Members of Affinity CU will receive EMV cards from the credit union during the third quarter of 2014.

The most loyal and engaged shoppers are the ones who still pick private label cards, a new study says.

Mangopay has begun accepting several new currencies and offering new features to its payment system for marketplaces and crowdfunding platforms as it expands outside of Europe.

Mobile point of sale devices typically clip onto phones to allow the handsets to read card payments, but this approach is not the only option.

The U.K. mobile commerce initiative Weve has added a digital "pouch" for consumers in the U.K. to store loyalty cards and offers as the telco-owned joint venture continues to develop its product.

MasterCard Inc. and Points International Ltd. will partner to deliver more options for cardholders to redeem, exchange or trade their rewards points.

Bangkok Bank Public Co. Ltd. hopes to take advantage of Thailand's easy financial infrastructure to enable a number of new payment options, such as cross-institutional person-to-person payments made from a mobile phone or an ATM.