Technology

The docket at the U.S. Second Circuit Court of Appeals quickly attracted appeals to Judge John Gleeson's Dec. 13 ruling to approve the class-action swipe-fee settlement on an antitrust case that has lingered in his court for nearly nine years.

VoiP provider Rebtel has debuted Sendly, an app that allows users to send money to prepaid mobile subscribers in more than 50 countries.

Mobile point of sale services provider I Love Velvet has purchased WeXpay, an electronic wallet company.

Mobile commerce provider Spindle and mobile payment company iPayMobil have partnered to enable merchants to offer credit.

Lemon Inc. has made several significant updates within its mobile wallet this year, moving the storage app to an actual payments-facilitating product. But to scale, Lemon needed a partner with brand recognition, which it found in LifeLock Inc.

Flint is adding a number of new features to its software-based mobile acceptance app, including invoicing, Apple Passbook support and multi-item transactions.

Many companies are already looking past the mobile phone to find the next high-tech payment device. A few companies are also equipping fashion items with Near Field Communication chips and other technology that can be repurposed by the payments industry.

A federal judge approved the multi-billion dollar settlement of a lawsuit over credit card swipe fees, resolving an eight-year long battle between banks and retailers.

Tim Hortons was quick to take advantage of the host card emulation technology available in Google's new Android KitKat mobile operating system.

BillTrust will provide access to Open Scan Technologies' Order to Cash (O2C) services in an effort to increase visibility into business payments processing.