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Taxicab drivers and their passengers will soon be able to test new mobile hailing and payment systems, following the launch of an e-hailing pilot program and updates to New York City’s regulations for in-car payment terminals.

China's state-backed UnionPay payment network seeks a larger presence in the U.S., starting April 29 with a new prepaid card that banks in Asian-American communities will market to consumers who travel to China and other foreign countries, according to news reports.

MasterCard and Justin Timberlake inked-a two-year endorsement deal for the entertainer to promote the card network's "Priceless Cities" marketing initiative.

Only a couple of hours into his new job as First Data's CEO, Frank Bisignano was already plotting a strategy to deal with the historic impact of mobile technology on the payments industry.

Square Inc., the payments startup founded by Twitter Inc. Chairman Jack Dorsey, is adding features to target the restaurant industry as it moves beyond individual merchants such as dog walkers and taxi drivers.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced this morning the introduction of “Shop Main Street,” a card-based local merchant rewards program.

Many companies in the payments industry have strong, influential women as top executives. These women rarely had a clear path ahead of them when they started out.

As mobile payments companies seek a receptive audience, many are turning their attention to restaurants. And the food industry, in turn, is increasingly receptive to putting mobile payments on their menu.

CSI Enterprises Inc. has its sights on the travel industry, offering businesses a way to track employee expenses with its new globalVCard mobile payment app.

SumUp, a London-based company that allows merchants to accept card payments on their smartphones, will enable iPad acceptance through a partnership with Revel Systems.

Vindicia, a subscription billing service, is teaming with U.K.-based processor SmartDebit to provide "customer-not-present" payment technology.

WorldPay, which provides electronic payment processing, has contracted to bring the NFC and EMV capabilities of VeriFone's countertop payment products to merchants.

Total Systems Services Inc. on April 25 debuted two services designed to make multi-currency shopping and payments easier for users to understand and execute.

GoPago Inc., a San Francisco-based mobile payment provider last week hired Steve Elefant as its chief strategy officer. Elefant, a senior strategic consultant at Google Inc. for the past year, served as Heartland Payment Systems’ chief information officer until 2011.

Avant-Garde Marketing Solutions (AGMS), a merchant service provider, will sell and deploy a number of Ingenico’s new countertop terminals, including those that handle EMV-chip card payments.

A consumer watchdog group in Canada is speaking out in support of the major card brands in response to an argument brought by the country's Competition Bureau on behalf of retailers.

ZooZ, an Israel-based mobile payment company, has secured $2 million in a Series A financing round from supporters XSeed Capital, Lool Ventures and Rhodium. The company's funding now stands at $3.5 million.

Total System Services Inc. is adopting a new infrastructure for card issuing, updating its existing "black box" to allow issuers to more quickly launch new products and services and provide a single view of consumers across multiple relationships.

Pulse, a Discover Financial Services debit and ATM network, is partnering with fisoc Inc. to roll out the Buzz Points loyalty program to financial institutions.