Technology

Any uncertainty in mobile wallet development fuels speculation in an industry anxious to see what shape mobile commerce will ultimately take. In this industry, products that make it even farther than where Isis is today don't always work out.

Total System Services expanded its payments processing reach this week in Africa and Mexico.

A report that Square is near a deal to put its credit-card reader in more New York City taxis isn’t true, according to a statement from New York City’s Taxi and Limousine Commission.

Capital One knows how to integrate big bank purchases. But in the era of the Consumer Financial Protection Bureau, it’s facing new challenges as it swallows ING Direct and HSBC’s credit cards.

Many in the industry are starting to catch on to the concept that payments, while a critical foundation for mobile wallets, are taking a back seat to the sexier consumer-facing digital coupons, loyalty programs or targeted promotions through a mobile phone.

The gasoline retailer chose to roll out Paymedia after initially testing the technology at its corporate-owned sites in Austin, Texas.

Heartland Payment Systems continued its mobile payment advancement, recently taking its Mobuyle card reader and software to Apple iOS mobile devices.

The LevelUp mobile payment system, best known for providing free incentives to consumers and free payment processing to merchants, picked up 4,000 merchants and 300,000 end users since its July 2011 inception. But with so much being given away for free, is there a future for the startup once its new clients become regulars?

MasterCard updated its Smart Data offering to help business owners save money by improving their visibility and access to analytics.

Wells Fargo is offering its retail customers free access to their credit scores between now and Nov. 15.