As digital technology has reshaped the acquiring business, some of the industry's biggest names are making splashy investments in mobile payments and merchant marketing.

Mobile commerce is blurring the lines between card-present and card-not-present transactions, possibly even making the distinction—and the difference in pricing—irrelevant.

ProPay, a unit of the Columbus, Ga.-based TSYS, has introduced a suite of services aimed at simplifying the work of payment facilitators with aggregation and payment processing services.

Ingenico Group has expanded its iWL series of mobile terminal solutions to include a new Wi-Fi enabled model.

Apple Inc.'s new mobile-payment system is failing to capture all of its potential business, according to a survey, with two-thirds of users reporting problems using the service at the checkout counter.

Mozido LLC has added Host Card Emulation to its mobile payment platform, making an investment in SimplyTapp for access to its patented cloud-based technology.

Major Indian payments vendor Oxigen is planning for some serious expansion—to the tune of 1,500 new hires and roughly $200 million in new fundraising by June—as it starts focusing on suburban and rural India especially in east and central India, according to a PTI report in Livemint.

When it comes to biometric authentication, Samsung is looking way beyond fingerprints.

Modern payment terminals are streamlining the update process for merchants by enabling instant updates of their capabilities, and U.S. Bank is taking advantage of this technology to rapidly get new offerings to market.

Santander Innoventures Fund says it has earmarked $5 million to Israel-based mobile payment and loyalty provider MyCheck as its first investment.

Keith Rabois, the former chief operating officer of Square who resigned that role in 2013, will leave Xoom's board of directors on May 28.

As more mobile wallets come to market, security becomes a more common selling point. Some stick to tried-and-true methods like typing a PIN or password, but others are experimenting with less conventional ideas.

Throughout all of 2014, only 22% of consumers surveyed for an annual Federal Reserve Board study said they initiated a mobile payment during the year. This was just five percentage points more than the prior year, despite 2014 bringing the launch of Apple Pay.

Innovation is not a competition. If both incumbents and startups in the fintech market would just accept that, mobile wallets and broader payments applications would have already been realized, according to Jonathan Vaux, executive director of Visa Europe.

Waffle House is proudly behind the curve—its wait staff verbally calls in cook-to-order meals, it didn't take credit cards until 2006, and it has long used old-fashioned cash registers.

The launch of Apple Pay late last year was bound to shake up the crowded and fragmented mobile payments market. Banks now face more pressure to make the right plays in this space or else lose their customers.

CardFlight has released a new reader for its SwipeSimple mobile point of sale offering to accept EMV-chip cards.

PayStand is launching a new mobile payment app and card reader to accept credit card payments, but promises to cut merchants' costs by also accepting e-checks and Bitcoin.

Google's planned integration of bill pay and presentment with its immensely popular Gmail service could quickly scoop away one of the stickiest offerings of online banking sites.

Elizabeth Buse will become sole CEO for UK-based mobile banking provider Monitise Plc in a company shakeup stemming from a failure to attract a buyer in the first three months of 2015.