Technology

Starbucks now receives over 10% of its U.S. transactions as mobile payments, and over 30% of its transactions are made with the mobile or plastic version of its Starbucks Card accounts.

Punchey's tossing its hat into the mobile payments ring with a mix of mobile card acceptance, social network-driven marketing and other services designed for merchants that handle larger payments.

Technology utilization is seen as a key growth area by all sizes of collection agencies. In particular, the use of IVR could almost double in 2013 and text is seen as a top growth opportunity.

For digital payments to flourish, they must get bigger — and bigger payments require stronger authentication.

BuyReply, an Australian startup, is going back to the basics in allowing consumers to purchase items from television and magazine advertisements by sending just an email or a text message — no special hardware or software required.

MasterCard Inc. and telco VimpelCom Ltd. are testing a Near Field Communication-based mobile payments service at a Russian bank.

Tristan O'Tierney, one of Square's team of co-founders is leaving the mobile payments company after four years.

McDonald's and Kuwait International Bank are partnering with Seamless to pilot Seamless' SEQR mobile payment system in Kuwait.

Self-serve digital payments company USA Technologies will be the service provider for Setomatic Systems, a company that provides payment systems to the laundry industry.

An Experian trend analysis of first quarter mortgages and bankcards shows a 16% increase in mortgage origination volume and a 20% jump in bankcard limits, both compared with the year-ago period.