Technology

Nearly 10 million Starbucks customers use its mobile app to make payments, totaling close to 5 million mobile payments a week, the company reports.

Discover Financial Services rode credit card loan growth in the fourth quarter to earnings of $602 million, an increase of nearly 12% over the same period in 2012.

Paydiant has received a patent covering technology that allows consumers to withdraw cash out of ATMs with their smartphones, a feature that it says should appeal to banks.

Stripe has raised $80 million in a new round of funding and is reportedly working on a payments deal with Twitter.

Major bank and retail card issuers are lacking in key security areas, according to a new study from Javelin Strategy and Research.

Neiman Marcus Group Ltd., the luxury retailer, said about 1.1 million credit cards may have been compromised in a data breach that occurred last year.

Vienna-based prepaid payment provider paysafecard has updated its mobile app to include augmented reality, a technology that displays data over a view of the physical world.

Payment service provider EVO Payments is partnering with fraud prevention company ReD to provide integrated fraud prevention to EVO's e-commerce merchants.

Swedish mobile point of sale company iZettle has launched a software development kit (SDK) to allow other companies to leverage iZettle's technology to build payments services.

Mobile shopping provider Airtag has developed a mobile wallet service for international grocery chain Distribuidora Internacional de Alimentacion SA, allowing customers to order and pay for groceries prior to pickup.