Visa has engaged J.P. Morgan Securities as it considers its options regarding the card network's investment in Monitise.

Venmo, a mobile person-to-person payment system now owned by PayPal, rocketed in popularity with millennials by treating money movement as a type of social interaction.

Apple is launching its mobile in the U.S. only, but Visa Europe is working closely with its member banks and the tech giant to bring Apple Pay to Europe as well, and there are signs that Apple has its sights on other markets.

U.S. merchants will have to upgrade their terminals soon to be able to support the influx of Apple devotees who will want to use their new phones to make payments.

LightSpeed Retail Inc., a Canadian retail software startup, plans to introduce a payments system and boost its international presence with $35 million in funding from INovia Capital and Accel Partners Ltd.

Consumers in China using the Alipay Wallet will be able to use fingerprint scanning technology from Nok Nok Labs to replace passwords when engaging the wallet for e-commerce payment transactions.

Chase Paymentech has opened three developer labs in the U.S. to accelerate Apple Pay adoption in mobile commerce.

Subway's substantial support of the telco-led Softcard mobile wallet and the recently unveiled Apple Pay, which both use Near Field Communication for payments, is a sign that the technology's interoperability is paying off in larger deployments.

Apriva has added data analytics and business management tools to its payments software for bank and merchant services clients, along with a Web portal where merchants can review consumer behavior.

China UnionPay has an enticing mix of attributes that make it very attractive for a new travel payments play, said Celia Pereiro, head of Amadeus Travel Payments, a unit of Amadeus IT Group.

The U.K. telco-backed mobile commerce venture Weve is reportedly ending its plans for a universal mobile wallet. Its members will work on their own individual mobile wallets, which will be challenged when they face off against the upcoming Apple Pay.

Blackhawk Network has completed the acquisition of CardLab, a Dallas-based online provider of business-to-business prepaid incentive and rewards cards.

E-commerce payments provider Adyen has partnered with Evernote, which offers software for note-taking and archiving, to launch Alipay's mobile-optimized checkout for users in China.

The term "opinion leader" has been used to describe those consumers who are wealthy, involved in their communities and knowledgeable about the world around them. Turns out, they also spend the most money on credit cards.

VeriFone and Creative Mobile Technologies are collaborating to remove a major barrier for the taxi rider who wants to use a smartphone to pay, but has the wrong app.

Square has raised $100 million in funding at a valuation of about $6 billion, according to Fortune, which attributed the news to market data source VCExperts.com

Apple's long-anticipated move into mobile payments seemed to cover all the bases — Apple Pay will launch with the support of major banks, card networks and retailers. But there were several things that didn't make it into the first version of its mobile wallet.

The Bill and Melinda Gates Foundation will provide $100,000 to organizations that promote the use of digital payments for the poor.

Just two days after Apple unveiled its new program designed to speed the adoption and use of mobile payments, Consumer Financial Protection Bureau Director Richard Cordray cited the burgeoning field as a key area of concern.

"What you are seeing is a company like Apple, representing 40 percent of operating system penetration, helping introduce [tokenization] for us in a way that consumers will find comfortable and easy to adopt," said Matthew Dill, Visa's senior vice president and head of innovation and strategic partnerships.