Technology

OnPoint Community Credit Union is using person-to-person payments as the foundation of building consumer comfort with mobile as a channel for money movement.

Of all the potential benefits, mobile-driven loyalty is the factor with the greatest potential to drive consumer adoption of mobile payments.

Mercury Payment Systems LLC plans to upgrade its closed-loop gift card system so that any small to mid-size merchant can offer gift, loyalty and reloadable prepaid options to customers in one card.

AJB Software Design Inc. has helped J. Crew, an American specialty retailer, integrate EMV-chip card acceptance into its stores in Canada. And with the EMV migration deadline approaching in the U.S., the middleware provider expects more business.

Despite regulatory and legal uncertainties that could affect the U.S. EMV chip-card migration, MasterCard Inc. is telling its acquiring banks and merchants that it intends to stick to its October 2015 deadline.

Point of sale hardware and software provider Image Retail Solutions and payment service provider Anderson Zaks have partnered to sell outsourced card payment processing.

A top federal official on Tuesday defended his decision not to prosecute JPMorgan Chase (JPM) for allegedly facilitating Bernie Madoff's Ponzi scheme, calling a deferred-prosecution agreement and monetary penalty an "appropriate" resolution of the bank's alleged failings.

Seamless has signed an agreement with Visita, a Swedish hospitality industry and employers organization, to use the SEQR mobile payment system.

Melissa Smith's plans for her first year as Wex's CEO sound a bit like trip around the world, with payment projects in locations as varied as Brazil, Thailand, Canada and Europe.

Alliance Data Systems Corp. replaced Barclaycard US as the issuer of Virgin America's affinity credit card this week, launching two products that are co-branded with the airline's Elevate frequent flier program through its Alliance Data Retail Services and Comenity Capital Bank divisions.