Technology

Citibank Hong Kong and wireless carrier 3 Hong Kong are jointly launching the 3 Citi Wallet, which was designed for Hong Kong, but establishes a technology Citi can export to other regions.

Xoom Corp. has expanded its bill-paying services in the Philippines through a partnership with the Bayad Center.

HIG Capital's April acquisition of Pegasus Financial Services has resulted in the creation of Onyx Payments, which will process payments and provide financial services software to the hotel and travel agency industries.

CyberSource, a Visa e-commerce subsidiary, has partnered with Banque Pour Le Commerce Exterieur Lao (BCEL), Laos' largest commercial bank, to provide online payment services to merchants.

With the launch of "KitKat," the newest version of Google's Android mobile operating system, Android smartphones get Near Field Communication (NFC) capabilities that may break down many of the barriers to hardware-based mobile payments.

Sony Corp. now lets PlayStation 3 owners fund their game and media purchases with PayPal accounts directly from their video game consoles.

Apple, Google, Samsung and others are making changes to the way their phones handle payments. Some of these changes remove restrictions on Near Field Communication payments, whereas others take mobile technology in an entirely different direction.

Moven, a financial services startup, now lets users activate and deactivate debit cards from their smartphones.

Visa Inc. has partnered with Blue Label Mexico to bring electronic payments to hundreds of thousands of small merchants.

As the U.S. adoption of EMV-chip cards encounters legal roadblocks and merchant opposition, critics have questioned whether the card networks' October 2015 deadline is overly aggressive.