Acquirers

In the past few years, the payments industry has experienced a flood of new offerings, from consumer-facing giants like PayPal and Google to Silicon Valley startups such as Square.

As mobile wallets mature, so will attempts to use the technology to marry payments and marketing, says Fiserv's Matt Wilcox.

Oink, which was previously called Virtual Piggy, is ready to expand its youth-oriented online payments business to include merchants with a physical presence.

Swedish pharmacy chain Apoteksgruppen will launch SEQR, Seamless' mobile wallet.

Flint is adding a number of new features to its software-based mobile acceptance app, including invoicing, Apple Passbook support and multi-item transactions.

BillTrust will provide access to Open Scan Technologies' Order to Cash (O2C) services in an effort to increase visibility into business payments processing.

Square has purchased Evenly, a company that provides services for person-to-person payments. The move heightens Square's competition with PayPal and bolsters its own Square Cash product.

Square's updated mobile card reader adds a lot of new technology, but its omissions speak volumes about the company's strategy.

Square has released a new mobile card reader that is meant to improve accuracy and durability.

With a goal of speeding up delivery of Near Field Communication-enabled handsets, China Mobile Limited has purchased EMV chip-card testing capabilities from Fime, as well as received a license to begin operating a new, fourth-generation wireless network.

Citigroup Inc. is expanding its ThankYou Rewards program by providing customers with virtual account numbers linked to their Citi credit cards and rewards accounts to redeem points at online merchants.

BTC China, the nation's largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country.

While nearly two thirds, or 61%, of U.S. online consumers have heard of a digital wallet, only 11% actually use one, an indicator that wallet providers still face challenges reaching consumers, according to Forrester Research.

MasterCard worked with Intel and Netherlands-based NXP Semiconductors to establish a digital service that allows consumers to initiate online transactions by tapping their MasterPass card or Near Field Communication-enabled smartphone against a built-in NFC reader.

New York's city council recently voted to allow campaign contributions to be made by text message.

A mobile wallet project in Hungary is taking the leap from testing to market rollout after receiving positive feedback from initial users.

After clashing with regulators and being blacklisted by many banks and credit unions, many emerging-payments companies are seeking a warmer welcome outside the U.S.

A Baby Boomer who has banked with the same small financial institution for more than 37 years hardly fits the mobile profile. But look below the surface and this mom is actually a prime candidate.

Wearable identity and authentication startup Bionym released software development kit documentation and an online forum to get developers coding apps for its forthcoming wristband, called Nymi, on Monday.

Brooklyn is teeming with New York natives and tourists alike, and the borough's merchants sometimes struggle to keep up with the activity. Several are using mobile point of sale systems from companies like ShopKeep to cut through the chaos.