Citigroup Inc. has begun signing up consumers to use Citi Wallet, which is based on MasterCard's MasterPass digital wallet.

Coin's ongoing public relations fiasco illustrates that startups—especially those that have crowdfunded money from prospective customers—need to be transparent about any hiccups in the development of their technology.

Swisscard AECS AG, the Zurich-based joint venture of Credit Suisse AG and American Express, has implemented Entersekt's 3D secure-based mobile security system, Transakt.

Payza, a payment processor and digital wallet provider based in London, has launched an eGift product for customers in the United States.

The Medical research nonprofit Enduring Hearts got a quick boost from a mobile payments engine that allows consumers to donate while making purchases at a network of retailers.

The much-anticipated Coin, a programmable magnetic-stripe card that can store multiple payment accounts, is getting another rush of attention as the company pushes the product's shipping date to next year for new orders.

As payment technology pushes into the future, innovators are coming up with unexpected ways to pay. Whether this means attaching technology to animals or sewing it into our clothing, many of these products are a leap beyond the ordinary payment card.

Zumigo, a provider of location-based mobile services, has raised $6 million in a Series B funding round.

First Data has a number of payments initiatives planned for the next year in Brazil, where the mix of mobile and card adoption suggests big potential for electronic card payments.

London-based Currency Cloud plans to expand its payment offerings to the U.S. to serve businesses that are having a hard time adding automated cross-border transactions to their workflows.

EBay Inc.'s stock price rose as much as 6.8 percent today after The Information reported the company could spin off its payment unit as soon as next year.

By adding data analytics to its Square Register platform, Square Inc. says it is giving merchants of all sizes the kind of tools that larger retailers use to increase sales.

PayPal has released an upgraded app for Microsoft's Windows Phone operating system, adding several features already available on iOS and Android devices.

Evolution is occurring rapidly in mobile payments. While the innovation headlines are being made by the digital innovators and new industry entrants, banks still have a window of opportunity to take strategic advantage and preserve their traditional payments franchise.

Almare Gelato Italiano accepts many alternative payment methods, and hasn't paid a dime for them because its vendors want a taste of the foot traffic at store's prime location in downtown Berkeley, Calif.

VeriFone is targeting a wide range of markets for its taxi and merchant applications. The company has reached an agreement with Bharti Airtel Group in Africa and, separately, entered taxi payment deals in Turkey and Mexico.

Square won't require users of its $99 Square Stand to replace their hardware when they are ready to accept EMV-chip cards. Instead, the vendor will support EMV cards through the hardware's included USB hub.

Payza, a payment processor and digital wallet provider based in London, has released a tool that allows its merchant clients to accept payments from shoppers who have not previously enrolled with Payza.

SumUp is preparing to bring its mobile point of sale device to a number of new countries, and hopes its practice of developing its technology in-house will help it contain the costs of chip and PIN card payments.

Braintree and PayPal are testing an integrated mobile payments feature, delivering on the company's promise to integrate technology from Braintree's Venmo unit.