Technology

Synqera treats its home turf of Russia as a proving ground for new point of sale technology, but it has global ambitions.

Google has made more progress by splintering its payments strategy in 2013 than it did when it tried to provide a single, unified product.

DoubleBeam, a white-label payments provider, plans to offer a complete mobile commerce platform for both its online and brick-and-mortar merchant customers through its December purchase of GoPago.

On Track Innovations Ltd. plans to concentrate more time and money on its payments division after closing the sale of its SmartID business to SuperCom Ltd. last week, the Israel-based payments technology provider says.

The Wisconsin Collectors Association is supporting a change to a state law that would raise interest rates for consumers who default on their debts.

Even though nonbanks seem to be taking the lead in the mobile wallet race, U.S. consumers still put more trust in banks to protect their money.

Google Wallet users who request the accompanying plastic card can activate that card through the wallet's mobile app, a process that will become increasingly common as mobile payments advance, experts say.

The payments industry is full of big ideas that haven't always found the right audience. As we enter 2014, a few trends are bringing new relevance to some older technologies.

Target Corp. said data related to shoppers' personal identification numbers was stolen during the recent breach of its debit and credit card system and that it's "confident" customers' accounts haven't been compromised because the information was encrypted.

Moscow-based cross channel payments provider Qiwi announced it has acquired 100% of Blestgroup Enterprises Limited.