Visa Inc. has expanded the role of French secure-chip testing expert Fime, which will support the card network's mobile payment application testing.

Rabobank plans to deploy Near Field Communication-based mobile payments in the Netherlands.

NEW YORK — Mobile wallets, often funded by linked credit union or bank accounts, are sometimes described as decoupled debit accounts in disguise-and may suffer from the same challenges decoupled debit faced.

This month, Microsoft and Sony are launching new machines with a whole new take on games, movies — and payments. And they're not the only ones applying video game strategies to the payments industry.

Payment processor Vantiv is partnering with mobile carrier Sprint to launch a tablet-based mobile point of sale system for merchants.

MasterCard's support of Rogers Communications Inc.'s Suretap mobile wallet makes the emerging payments landscape in Canada a little more crowded — and makes MasterCard's strategy a little more diverse.

Visa's payWave contactless technology will power a new Orange Cash mobile payment system that will provide loyalty programs and coupons for consumers across France.

Microsoft's Larry Hryb, known to gamers as Major Nelson, recently posted a six-second video demonstrating how the company's new Xbox console redeems codes for games and subscription services. It's six seconds that many in the payments industry should watch.

Mobile wallets, often funded by linked credit union or bank accounts, are sometimes described as decoupled debit accounts in disguise — and may suffer from the same challenges decoupled debit faced.

German carrier E-Plus Gruppe plans to give Near Field Communication payments a boost with a mobile wallet that also uses QR codes for redeeming loyalty points and discount vouchers.

Continuing its international expansion through partnerships, U.S.-based EVO Payments International LLC has acquired a controlling interest in Polish financial institution PKO Bank Polski's merchant acquiring arm.

The Twitter initial public offering culminated with the ringing of the New York Stock Exchange's opening bell Thursday, the social media site becoming a public company valued at more than $14 billion. But Twitter co-founder Jack Dorsey isn't done with Wall Street yet, as he's reportedly begun exploring an IPO for Square, the mobile payments startup he co-founded in 2009.

Harbortouch has released its Perkwave integrated point of sale terminal with EMV-chip and Near Field Communication capabilities.

Mobile wallets, often funded by linked bank accounts, are sometimes described as decoupled debit accounts in disguise — and may suffer from the same challenges decoupled debit faced.

Decoupled debit cards, which enable payments from a checking account at a separate bank, are getting a lift from gas stations — but the product is also under fire from new products, including mobile wallets.

TD Bank Group and President’s Choice Financial are launching the Near Field Communication-based Ugo mobile wallet in Canada.

Mitek Systems has received another patent for its mobile bill-pay imaging technology.

With a population of 1.35 billion people, more than half of whom already use mobile services, the People's Republic of China represents the largest and perhaps the most attractive, if somewhat challenging, market for mobile commerce on Earth.

FICO plans to help credit and debit card-issuing banks cut down on fraud through its new service that uses a mobile phone to determine a cardholder's location.

On Track Innovations Ltd. (OTI) plans to ship 40,000 Near Field Communication payment readers to North America by the end of the year.