Technology

Canadian Imperial Bank of Commerce agreed to sell about half its Aerogold Visa credit-card portfolio to Toronto-Dominion Bank, which is preparing to start its own Aeroplan rewards card in January.

When Shae Whitney was selling bitters at farmer's markets for a year and a half, she used Square's mobile card reader to accept payments. But when she opened a retail location with her partner in June, she switched to Groupon's iPad-based point of sale system, Breadcrumb.

Infobip is planning to grow its mobile payments and consulting business in the U.S., betting the robust consumer adoption of mobile technology will create a substantial opportunity for carrier billing.

There has been an avalanche of new mobile technology in just the past few weeks. The iPhone 5s, Samsung Galaxy Gear and Google Moto X bring with them a wide range of new systems for payments — and companies like PayPal and Fiserv are making noise with new products of their own.

The developers who have an early look at Apple's new iOS7 operating system have found it supports the use of Bluetooth Low Energy (BLE), a wireless technology that some consider a longer-range alternative to Near Field Communication (NFC).

As banks desperately try to lower their risk at the point of sale, a San Jose startup is working to create a device ID and authentication scheme that it hopes will eventually reduce fraud.

PayPal, following a highly publicized clash with a crowdfunded company, is putting crowdfunding under a microscope to avoid compliance and security risk.

Payment processor Cynergy is getting into the mobile point of sale game, hoping its existing mix of merchant services and mobile technology will capture attention in a crowded market.

MCX, a retailer-driven mobile commerce initiative, is being steadily built upon retailers' desire to control their own customer data and possibly lessen the sting of, or bypass totally, card payment interchange fees. But it must still deliver two key things: a brand and a product.

MagicBand, a system that Walt Disney Co. has been testing all year with a limited number of employees and Walt Disney World resort patrons, seems to be poised for success based on what looks like an extreme level of commitment to it — so far.