Technology

PayPal is developing a new checkout process for its mobile app, allowing users to scan a QR code or type a PIN at the point of sale to authenticate purchases made with its cloud-based mobile payment app.

Delinquent mortgage loans fell nationally in the second quarter ended June 30, with the number of seriously delinquent borrowers following 7% at the GSEs - the lowest mark reported since Fannie Mae and Freddie Mac entered conservatorship.

Wired is deploying MasterCard technology that is designed to allow readers to purchase items directly from advertising and editorial content.

Credit and debit card payments at vending machines could present a whole new realm of opportunity for independent sales organizations.

Ukash provides its online payments services in 55 countries with more than 420,000 locations worldwide. But it has so far steered clear of the U.S.

London-based Proxama Plc will help mobile payment venture Isis develop its mobile wallet app for use on Blackberry 10 devices.

First Data's OfferWise platform, which allows consumers to obtain discounts linked to a pre-enrolled payment card, is now linked to Microsoft's Bing search engine.

Tyfone Inc. has added Acculynk’s Payzur person-to-person payment capability to the mobile banking application it supports at Boulder Valley Credit Union.

Nearly a year after making its mobile card reader available in Canada, Square Inc. has decided to locate a permanent office in the country.

Four vendors own the U.S. core banking market. But others, mostly international vendors, are starting to creep in.