Moneris Solutions Corp. has expanded its gift and loyalty program, making it compatible with Apple's Passbook app, which stores other payment and ticketing apps.

The real mobile revolution in opportunity for small business payments is occurring not in consumer wallets, but on the other side of the counter, with disruption in the point of sale terminal market.

The several wearable computing rings being developed have been well-received, but the small devices could have hardware limitations that keep them from widespread use as a payments tool.

MasterCard will enable cardholders at Commonwealth Bank of Australia to load and store payment account credentials on some Samsung handsets, starting with the Galaxy S4.

Square has purchased Evenly, a company that provides services for person-to-person payments. The move heightens Square's competition with PayPal and bolsters its own Square Cash product.

Global Payments and mobile operator 1O1O have launched a mobile point of sale service in Hong Kong.

PayPal has invested in Loop Commerce, which offers a software-based gifting service for retailers.

Mobile wallet providers such as PayPal, Google and LevelUp already allow consumers to add funds by scanning a credit or debit card with a smartphone's camera. Banks can use similar technology to allow customers to open and fund new accounts from a mobile phone.

Square's updated mobile card reader adds a lot of new technology, but its omissions speak volumes about the company's strategy.

State financial regulators have received few applications for licensing Bitcoin businesses even as they've handled many inquiries about them, according to David Cotney, the commissioner of banks in Massachusetts.

PreCash Inc. says consumers using its Evolve Money online and mobile application for cash bill payments will now have the option to use a debit or prepaid card.

The Merchant Customer Exchange has added Exxon Mobil, Rite Aid, Kum & Go and Giant Eagle as participating merchants in its mobile wallet.

PayPal is increasing investment in mobile systems as the electronic-payment service bets that smartphones will increasingly be used instead of cash and credit cards, President David Marcus said.

The many factors necessary for mobile commerce to succeed are finally converging at the start of the 2013 holiday shopping season.

Monitise is starting with a relatively simple mobile money deployment in Hong Kong, with plans to turn it into a major payments business throughout China.

Clinkle, the mobile payments startup that's attracted high-profile investment form Silicon Valley, has laid off 16 employees.

Singapore commuters using EZ-Link transit payment cards now have the option of adding money to those cards with a tap from a Near Field Communication-enabled smartphone.

DNB is the first bank in Norway to deploy a new Near Field Communication-based mobile payments scheme that will eventually involve most of the country's largest financial institutions.

Square has released a new mobile card reader that is meant to improve accuracy and durability.

Adyen has developed encryption software that protects payment data for consumers shopping online through desktop or mobile devices.