Technology

Visa is adding electronic capabilities to its Visa Offers rewards program, leveraging online and mobile technology to bring offers closer to the point of sale.

Amazon.com's virtual currency Amazon Coins, which launched today, has the potential to become a successful alternative to card payments — if the currency expands beyond digital app purchases.

U.S. consumers conducted nearly half of their online shopping using mobile devices, spending $5.9 billion in mobile commerce sales during the first quarter of 2013, according to Internet analytics firm Comscore.

Roam, a Boston-based Ingenico subsidiary that sells mobile commerce technology, will partner with iPayment to sell a range of mobile payment services to merchants.

Amazon launched its virtual currency, Amazon Coins, giving all U.S. Kindle Fire tablet owners $5 worth of free coins in their Amazon accounts and discounts for purchasing more in bulk.

Typically, I don't cover or analyze so-called payments innovations that merely embrace and extend the legacy infrastructure, but a new middleware startup, CardFlight, could actually operate as a payments "air traffic controller" because its code sits directly between the consumer and the processor.

Simon Haslam is becoming president and CEO of Elavon at a time of extreme stress for payments processors, which face nimble competitors, new payment standards and high-profile security risks.

The identities of the card processing companies whose systems were breached in a massive cyber offensive have surfaced.

Foreclosure activity dropped in April to the lowest level in more than six years, another sign the recovery in the housing market is on track, a report from RealtyTrac showed on Thursday.

NorsePayments wants to make it harder for card thieves to perform fraudulent card-not-present transactions.