Payments industry veteran Dickson Chu joined Ingo Money as the company's corporate development and chief product officer.

CardFlight intends to incorporate Apple's fingerprint scanning technology into SwipeSimple, its mobile payment application for businesses.

By now it is clear that banks' younger customers are there for the taking, should a strong digital brand like Amazon, Google or PayPal ever court them for banking services.

Apple Inc. changed its policy to let software developers include virtual-currency transactions in their applications, paving the way for new forms of money like bitcoin to appear on iPhones and iPads.

Irvine, Calif.-based chip maker and electronics provider Broadcom applied for a patent for multiple Near Field Communication antennas in an NFC device around the same time Apple Inc. did in 2012.

Online cash payment provider Ukash has partnered with the Touch network in Australia.

Apple is fine-tuning its mobile purchasing capabilities, adding parental controls and voice commands to digital content purchases and extending its TouchID fingerprint authentication system to third-party developers.

Payza, a London-based payment technology firm, has simplified its process for enrolling new users.

Apple has never built an iPhone capable of making Near Field Communication payments, but we know it has been studying the technology closely for years. With its Worldwide Developers Conference taking place this week, Apple may soon reveal what it's been working on.

Apple executives have started talking to high-end retailers to gauge their interest in a mobile payments service, the Apple news site 9to5Mac reports.

Intuit Inc., a longtime frenemy of banks, may end up raising the bar for mobile financial services with its latest acquisition.

B2B payments technology provider IQ Back Office insists that many companies can turn their accounts payable department into profit centers by using electronic and virtual card payments for vendor invoices.

Orderbird says it is ready to migrate into new markets after adding 400 new customers for its iPad-based point of sale system in recent months and adding payments industry veterans to its supervisory board.

Parx, a subsidiary of On Track Innovations Ltd., has signed a 20-year parking space management contract with Albania's TIS Ltd.

A Near Field Communication patent application Apple Inc. submitted 18 months ago might demonstrate how future iPhones would make contactless payments at the point of sale.

Youth payments company Oink, formerly Virtual Piggy, is expanding its international e-commerce presence by working with the payment service company GlobalCollect.

Dwolla is expanding its next-day payments network to all business customers after launching it initially for government agencies and large corporations.

MeaWallet is prepping to launch in a number of countries, and it is starting in Sweden through the use of a nationalized authentication standard.

Payoneer, a cross-border payment provider, is exceeding its 40% predicted growth rate with nearly 100,000 applications coming in every month.

The development of contactless technology, thanks to the NFC adoption in mobile handsets, is offering a new opportunity to create and develop value added services for the end user with an innovative and interactive experience.