Technology

Motorola Mobility will phase out its use of Xoom branding for its tablet, following a trademark infringement fight with Xoom, an online remittance company.

Near Field Communication technology is regaining its momentum as a payments tool with Desjardins Group's planned mobile payments rollout.

Since becoming CEO of U.K.-based VocaLink last year, David Yates has launched a separate mobile payments unit while keeping the processor focused on speeding up payments throughout Europe.

Micros Systems, which provides services for the hospitality and retail industries, is collaborating with PayPal to provide payments technology.

SmartMetric Inc. has requested summary judgment on its claim that Visa and MasterCard infringed on its smart card patent.

The Online Lenders Alliance wants Nacha, the group that manages a U.S. payment system, to clarify warnings on illegal use of the network by payday-loan firms, saying the message is posing a threat to legitimate business.

Payment processor Mercury Payment Systems is collaborating with PayPal to allow Mercury's software developers, resellers and 80,000 mostly local merchant clients to accept PayPal payments in stores.

KKR & Co., the buyout firm run by Henry Kravis and George Roberts, hired former insurance executive Joseph Plumeri as a senior adviser to help find new deals and to work with portfolio companies.

Schools are increasingly relying on digital payments for the cafeteria and activities — a trend that is proving to be fertile ground for payments technology as frantic parents seek ways to keep their kids properly fed and supplied for their education.

As check registers and passbooks fade into obscurity for a growing number of bank customers, Realex seeks to further modernize payments by putting a human face on accounts.