Technology

London-based Kalixa Payments Group is offering consumers in Europe a mobile wallet based on DeviceFidelity's Near Field Communication technology.

John Lunn, global director of the PayPal Developer Network, details the recommitment the company's made to building and maintaining third-party developer tools since David Marcus become president of PayPal in March 2012.

FreedomPay has hired Rodney Bowen-Wright, a former Microsoft venture capital specialist, to be its chief business development officer.

The mortgage finance system is posting improved performance as the rate of new delinquencies across all sectors trends down, according to Fitch Ratings.

Banks face caps on the card fees they can collect on Visa Europe Ltd. and MasterCard Inc. transactions as the European Union seeks to slash charges imposed on retailers by 6 billion euros ($8 billion) a year.

Medical bills are often confusing to patients, and this confusion can delay their payments. Patientco is one of several providers aiming to add clarity for the patient and the health care biller alike.

QR codes, the two-dimensional bar codes used in many mobile wallets, are easy to deploy but can vary in their level of security.

Discover Chairman and CEO David Nelms emphasizes that the financial benefits of partnerships with companies like PayPal and Ariba will not come right away.

Total System Services, having completed its purchase of the prepaid card marketer NetSpend, has raised its full-year earnings guidance.

The U.S. Securities and Exchange Commission sued a Texas man over claims he operated a Ponzi scheme involving Bitcoin, the virtual currency that has recently attracted investors including Tyler and Cameron Winklevoss.