Bima plans to use its latest funding to get more people in emerging markets to obtain insurance by making it possible to pay their insurance premiums on mobile phones.

The city of Indianapolis has seen a significant jump in parking revenue after adopting technology from Xerox, replacing antiquated meters with new ones that accept debit, credit and mobile payments.

The payment processor Vantiv has agreed to buy Mercury Payment Systems LLC for $1.65 billion to expand its services for cloud-based payments integrated into other technology, says Vantiv president and CEO Charles Drucker.

Virtual Piggy, which developed the youth payments service Oink, has added commerce solutions provider Gorilla Group is now a member of its channel partner program.

Spindle Inc. has agreed to make its will merchant approval platform available to U.S.-based clients of iConnect, a Colorado-based provider of point of sale technology.

Apple will be ready to accept Near Field Communication payments from phones in its stores, even though none of its consumer devices support NFC out of the box.

Ecopayz launched a private, online application designed for travel payments.

Square has removed its cloud-based Wallet app from the Apple iTunes and Google Play stores, apparently to make room for a new app called Square Order.

Swedish mobile payment company iZettle has raised $55 million (€40 million) in Series C funding to expand its operations.

The car phone may be a relic of a bygone era, but more automobile and parking companies are looking for ways to put the mobile phone back in the driver's seat. And in many cases, payments are making the connection.

The explosion of startups developing payment tools hasn't ceased, and simple consumer mobile wallets are starting to make way for products suitable for large corporations.

Host Card Emulation, which enables Near Field Communication payments without accessing a smartphone's secure element, has major supporters like Google, Visa and MasterCard. But some are expressing concern over the technology's approach to security.

Citigroup customers who use its ThankYou Rewards program now have the option to use the points they earn to pay bills through the bank's online bill pay system.

NCR Corp. has integrated its NCR Silver iPad point of sale system with Retail Intel, a cloud-based service provider that can pull in sales data from QuickBooks.

Mobile billing provider Boku Inc. is expanding its reach into 14 new countries in Europe through a new agreement with Deutsche Telekom.

MasterCard plans to launch au Wallet, a prepaid card program that will be available to subscribers of Japanese mobile operator KDDI's au-brand mobile network.

Digital payments company Payfort, which is based in Dubai, is using local merchant networks and consumers' own homes to enable more travel payments.

Zipmark Inc. is taking its application programming interface for accepting digital checks and adapting it as a mass payment option to its business clients.

The payments technology company Stripe and other vendors say they get the best feedback from prospective clients by simply opening up their technology.

India's merchants are beginning to embrace mobile card readers, fueled by the nation's growing dependence on payment cards and smartphones.