Technology

MasterCard Inc. and PayPal have positioned themselves as companies with “the best current opportunities in the payment space,” according to Morningstar Financial Services.

Ally Bank expanded its use of Fiserv's Popmoney person-to-person payments service, allowing consumers to send and receive funds from the bank's mobile banking app.

When Isis launched its mobile wallet nationwide in November, it also launched a new interface. PaymentsSource journalists give their first impressions of the new payments method.

If consumers were worried about a government shutdown or stalled debt ceiling talks affecting the economy, they didn’t show it by holding off on credit card spending in October, a First Data Corp. report indicates.

Wearable identity and authentication startup Bionym released software development kit documentation and an online forum to get developers coding apps for its forthcoming wristband, called Nymi, on Monday.

The Amazon Coins digital currency is now available for consumers in the U.K. and Germany to buy mobile applications and make in-app purchases on the Kindle Fire tablet and on Amazon.com Inc.'s regional app stores.

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.

The number of credit cards issued by banks and retailers hit five-year highs between January and August, according to the latest Equifax National Consumer Credit Trends Report.

Vodafone Group marked the launch of its European mobile wallet initiative in Spain, revealing plans to expand it into Germany next month and other parts of Europe early next year.

Electronic payments provider ACI Worldwide inked a nine-year extension to service 24,000 ATMs across the U.K. for VocaLink, the country’s payment infrastructure provider.