Technology

EBay CEO John Donahoe provided a glimpse into PayPal's ongoing strategy for mobile payments in defending his company's conclusion that it should not spin off the subsidiary.

As banks are moving through the "methodical process" of reproducing new cards for customers whose data may have been compromised in the recent Target data breach, they are also studying the best security options for the future, says U.S. Bancorp CEO Richard Davis.

Whereas banks have long struggled to migrate financial relationships onto mobile devices and to attract the underserved, carriers like T-Mobile come into the market with a distinct advantage.

Global payments company Payoneer and Japanese fulfillment company Quantium Solutions have signed an agreement to jointly offer cross-border payment products to Quantium's international e-commerce and mail order clients.

RBC has rolled out its mobile wallet, enabling consumers to use certain smartphones to make payments funded by Visa credit cards or Interac, Canada's national debit card program.

Financial data company Accuity has completed a massive data management project to deal with the concurrent challenges of a merger conversion, new compliance mandates and the growth of digital and cross-border payments.

T-Mobile is launching a prepaid card, aiming to use mobile account access as a selling point to attract underbanked consumers.

While it is easy to vilify Target for its recent data breach, the card networks' refusal to take on real card security makes the retailer a victim along with consumers.

For Welcome to Moe's Inc., a franchisee of Moe's Southwest Grill, migrating to iMobile3's PassMarket mobile loyalty program improved customer engagement and reduced the fraud that ran rampant with an earlier paper-based loyalty program.

More commuters using Near Field Communication-enabled smartphones on Chicago's buses and elevated train system may soon be able to pay fares by tapping the phone against a reader in the station terminal.