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LevelUp founder Seth Priebatsch could barely contain his excitement when discussing the possibilities of Google Glass, a mobile device built into a headset that Google sells only to a limited number of early adopters.

Retailers are bombarded with new mobile payment methods. Many merchants chose to move forward with two or more new technologies rather than bet their future on just one mobile wallet.

MasterCard Inc. asked the European Union’s highest court to overturn a regulatory decision on transaction fees that ended its ability to set rates on cross- border credit-card payments.

The Chicago Transit Authority is planning an August launch for its new fare system that will allow retail and fare payments from the same card.The open standards fare system is called Ventra and was developed through a partnership between Cubic Transportation Systems, MasterCard and First Data. With it, Chicago transit riders can pay for fares on the city's elevated trains (called the "L"), buses and subway that are all operated by the CTA, as well as suburban bus line fares for routes operated by a separate transit authority called Pace.

Amazon.com Inc. and 7-Eleven Inc. sued Visa Inc. and MasterCard Inc. over card fees after rejecting a multibillion-dollar settlement in an antitrust case.

The "nuclear football" allows the president to order a nuclear missile attack from any location, and ZenithSecure took its idea for a new data security vault straight from the playbook for protecting those launch codes.

Card processor and merchant acquirer Clearent is working with Reward4Schools to help the Missouri-based community rewards provider reach a national audience.

Birch Coffee has used Square's mobile card reader for its delivery service for about two years, and was one of the first to switch to the new Square Market e-commerce site ahead its launch.

MasterCard has begun offering U.S. merchants and developers Simplify Commerce, a product of MasterCard labs, the Purchase, N.Y. card network's research and development lab.

It's been an eventful year so far in the payments industry. Exciting new technologies, dramatic executive turnover and ongoing courtroom drama have defined 2013's first six months.

Vantiv and Planet Payment have launched the Pay in Your Currency service at 85 Billabong locations in the U.S.

The business credit card sector, which was on life support near the end of the recession, appears to be strengthening.

Tablet point of sale technology provider Revel Systems has raised $10.1 million in expansion capital that it will use to increase staff as well as open new offices in Asia and Europe.

Small business online service provider Web.com has incorporated MasterCard's digital wallet, MasterPass, into its offerings, enabling MasterCard to dramatically and quickly expand MasterPass' merchant base.

VeriFone is testing a mobile point of sale system built on the Windows 8 Pro operating system for use on tablets that integrate with retailers' existing systems.

Intuit now lets iPad owners who use its GoPayment mobile card reader scan credit and debit cards with the tablet's built-in camera.

Ticket vending machines in New York City's subway system will temporarily not accept credit and debit cards for part of June 22, while the city's Metropolitan Transportation Authority performs a system upgrade to its mainframe.

Getting new credit cards in the hands of emerging market consumers requires unique processes that ensure timely and compliant delivery.

American Express Co. named McKesson Corp.’s Jeffrey C. Campbell as chief financial officer.

The Metrolink rail system in Southern California is offering commuters a "smart" paper ticket as part of the transit access pass, or TAP, smart card system operating on Los Angeles buses and trains since 2007.