Technology

Panoptic Security Inc. is offering to lease or sell complete software packages for Payments Card Industry data security standards compliance, ending the need for payments processors to pay vendors monthly compliance fees for each of their merchants.

After testing Mocapay’s mobile-marketing consumer engagement platform in November, Dazbog Coffee now plans to use it to launch mobile marketing promotions and mobile prepaid gift cards at 21 locations in Colorado and Wyoming, Doug Dwyre, Mocapay president, tells PaymentsSource.

The proverbial battle over mobile payments has turned into a legal one.

Banks are not yet able to meet the demand for mobile check deposit, according to a Javelin Strategy and Research study released on May 24.

The emphasis on broad merchant participation at the outset of development of the Google Wallet sets it apart from certain other initiatives and could be the crucial element in driving consumer adoption, according to at least one smart card industry executive.

Charles Schwab Corp. and Fidelity Investments have rolled out mobile check deposit services to their customers.

Alipay.com Co Ltd, China’s largest online payment service provider by transaction volume, has lost two of its major partners in China, according to reports.

OAK BROOK, Ill.–The Midwest Acquirers Association is forming local chapters to bring together acquiring-industry employers and prospective employees, provide members with payments-industry information, and share tips on selling and promoting payment services.

Google Inc.’s new mobile payment system puts pressure on Isis, the wireless carrier-backed joint venture trying to develop a competing system.

Sequent Software, a maker of products and services enabling Near Field Communication-based mobile payments, on May 25 announced the selection of Vivotech Inc. as its partner in developing mobile wallet-based NFC payment technology for commercial customers.