Technology

A new group of payment terminal providers will add Isis’ specifications for payments and loyalty programs, enabling the telecom-driven mobile wallet to reach approximately 90% of the addressable market for point of sale hardware in the U.S.

Elavon has hired Realex Payments to provide a number of digital payments services for the Elavon Payment Gateway in Europe.

It appears Google may not be satisfied with the prospects of consumers only wearing its Glass headsets and using its mobile wallet on Android-powered smartphones.

In an effort to shield merchants looking to expand into new markets, PayPal will launch an expanded seller protection policy for the Asia Pacific region on Oct. 11.

Australia's ANZ Group announced Tuesday that it’s launching ANZ Transactive Mobile — a smartphone app that helps streamline cash management for corporate customers.

Citibank has agreed to pay $55,000 to settle a complaint by the Connecticut attorney general that the bank was aware of a security flaw in its online banking service that resulted in hackers obtaining payment card data and stealing about $2.7 million.

Mobile bill pay app developer Check has received $24 million in Series C investment led by Menlo Ventures, a venture capital firm that has previously funded app developers Uber and Tumblr.

Doomsayers conveniently forget that the business case for introducing debit cards was one of cost avoidance for the banks, not revenue.

The ATM Acquirers Alliance is restructuring its organization to accommodate new industry segments and payments technology and has changed its name to Integrated Payments Alliance.

Microsoft's planned acquisition of Nokia's handset division is designed to bolster its position as a hardware manufacturer and solidify a mobile platform for its Windows operating system. But the move may also boost the tech giant's payments aspirations.