Technology

Square has completed a major overhaul of the cloud-based Square Wallet, which allows consumers to make purchases from a linked payment card by "checking in" at a Square merchant. Here are some of the key differences in the new Wallet app.

Plastyc Inc. now does business as Banking Up, a name that signifies the direction in which it is taking its prepaid offerings, iBankUP and the UPside Visa card.

BitInstant, a purchasing platform for Bitcoin, is ramping up security by implementing Jumio Inc.'s Netverify software.

Prepaid card program manager Praxell is partnering with card marketer and producer Arroweye Solutions and identity provider ABnote to produce a card that combines municipal identification and payments.

Electronic commerce services provider Billeo has purchased Swag.io, an e-commerce platform provider that allows companies to place purchase links directly into social media posts.

Visa Inc. sued Wal-Mart Stores Inc. in a bid to stop the world's largest retailer from filing a lawsuit to press price-fixing claims over merchant swipe fees.

ShopKeep POS is adding credit card acceptance through PayPal at a 2.7% per-transaction fee, which it says is competitive with other processing options.

Impactorg, a consortium developing mobile payments products for merchants, partnered with Zipmark Inc. to use its digital check service to streamline consumer reloading of its mobile wallet.

Nearly 50% of consumers participating in a WorldPay survey about payment technology say they would like to use biometrics for security.

Total System Services Inc. has named Gaylon Jowers Jr. and Mark D. Pyke senior executive vice presidents, part of a series of promotions and additions the payment processor announced today.