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Ingo Money, which specializes in digitizing check payments, has entered an agreement to buy Salt Lake City-based Fuze Network, which handles cash loads for credit, debit and prepaid accounts.
November 3 -
Starbucks Corp., which now handles 16% of its U.S. sales through its mobile app, revealed today just how dominant its position has become even as it plots new features such as preordering.
October 30 -
Retail ATM operator Cardtronics Inc. is testing a system that takes location-based offers, which are typically linked to a card account or a mobile app, and makes them available to consumers who may prefer to pay with cash.
October 28 -
An older mobile-wallet technology is getting fresh attention at Westpac Bank in New Zealand, which wants to encourage people without the latest iPhone or Android handset to make contactless mobile payments.
October 28 -
A number of large retailers are pushing back against Apple Pay, making clear the power merchants wield in the developing mobile payments market.
October 27 -
InComm is adding add over 15,000 locations to its Vanilla Reload network, which allows prepaid card users to reload their general-purpose reloadable card accounts by swiping the card at the point of sale.
October 27 -
The customer engagement firm Parago has officially become a subsidiary of Blackhawk Network.
October 27 -
Apple Pay has launched to considerable buzz, but the technology giant has done little to communicate where its new mobile wallet can be used, leaving its partners to fill the void.
October 24 -
Bank of America was quick to address an early issue with double-charging Apple Pay users, but the damage to consumers' perception of mobile payment technology may prove to be longer-lasting if more glitches occur.
October 23 -
Shopkick has launched its mobile commerce and rewards service in Germany with a group of the country's largest merchants.
October 23 -
General-purpose reloadable prepaid cards have turned a corner, moving from being a product for low-income or unbanked individuals to being an important tool for younger, high-income consumers.
October 20 -
The White House is slated to unveil a major package of initiatives on Friday to increase data security for financial transactions, including an executive order to add chip-and-PIN technology to government-issued credit and debit cards.
October 17 -
American Express Co. is pulling new levers to build its business with small merchants and drive mobile wallet adoption, emphasizing its work with Apple Pay.
October 16 -
American Express Co. said third-quarter profit rose 8.1 percent, beating analysts' estimates, as customer spending increased.
October 15 -
Diebold has released a new series of ATMs that include security protections.
October 15 -
Visa Europe is working with edo, a Chicago and Nashville-based card-linked marketing firm, to launch a pilot of edo's technology in the U.K. this year and eventually expand to other European countries.
October 14 -
American Express Co. customers whose reward points are too meager for flights, ballet tickets or even a yoga mat are getting a new list of options: a McDonald's menu.
October 14 -
Mobile wallets, at their most basic, enable consumers to manage their accounts and/or make purchases without cash or cards. On top of that foundation, many companies have come up with inventive features to set their apps apart.
October 9 -
Providers of rapidly changing payments products such as prepaid cards, automated payments and dispute resolution are continuing to turn to independent sales organizations to reach targeted merchants.
October 7 -
Banking and payment technology provider a FIS has completed its acquisition of payment processor Clear2Pay, a transaction it started early last month.
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