Technology

Clinkle, the mobile payments startup that's attracted high-profile investment form Silicon Valley, has laid off 16 employees.

Singapore commuters using EZ-Link transit payment cards now have the option of adding money to those cards with a tap from a Near Field Communication-enabled smartphone.

The exchange rate of Bitcoin briefly pushed past $1,000 as more people took interest in the digital currency, but many mainstream consumers remain concerned about the persistent security issues surrounding Bitcoin companies.

DNB is the first bank in Norway to deploy a new Near Field Communication-based mobile payments scheme that will eventually involve most of the country's largest financial institutions.

Square has released a new mobile card reader that is meant to improve accuracy and durability.

The Consumer Financial Protection Bureau finalized a rule Tuesday that allows it to supervise the largest nonbank student loan servicers in the country.

While Diane Vogt Faro was "growing up" in the payments business, she helped the entire industry mature.

BtcQuick, a Bitcoin exchange, has deployed miiCard's identity verification service to comply with Know Your Customer and Anti-Money Laundering requirements and help deter fraud risk.

Adyen has developed encryption software that protects payment data for consumers shopping online through desktop or mobile devices.

Many payments companies are testing Bluetooth Low Energy (BLE) technology, which has a wider range, and is considered an alternative to, Near Field Communication for executing mobile payments. BLE-based technologies are also being developed for customers to check into stores and for merchants to deliver marketing and loyalty programs. Here are few companies giving BLE and other NFC alternatives a try.