Technology

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.

Payments technology company TIS will work with SAP to streamline Single Euro Payments Area [SEPA] compliance.

Atlanta, Ga.-based Cardlytics Inc. plans to support location-based card-linked marketing with push notifications in the first quarter of 2014.

By adding Popmoney person-to-person payments to its primary mobile banking application, PNC Bank is putting the feature where its most tech-savvy customers expect to see it.

Fiserv will expand Instant Payments to the mobile version of its Popmoney person-to-person payment system in November.

MasterCard is placing more emphasis on things like airline boarding, wearable computing and many other things the card network contends can be used to win a consumer's business long before the payment is made.

An analytics dashboard developed by Spreedly and Shopify tracks and rates online payments gateways based on their processing speed and rate of declined transactions.

Versafe doesn't trust consumers to take the necessary precautions to protect their devices. So the company built a fraud protection layer within its banking application to take matters out of users' hands.

Core Innovation Capital, the investment partner of the Center for Financial Services Innovation (CFSI), has made an investment in Wipit Inc., a mobile payments company focused on unbanked consumers.