PayPal launched a revamped mobile app on Sept. 5 that includes some new features, as well as a new look and feel for existing functions. How does the new app stack up against its predecessor?

Giesecke & Devrient says it has given Near Field Communication payments a significant boost by developing a SIM card on which several NFC applications can operate simultaneously.

Equipment leasing company TimePayment is adding a new Web calculator to improve vendors’ ability to manage payments for business equipment, as well as extend sales by optimizing renters’ budgets.

Cynergy Data has chosen Roam’s white-label product to power its Vwalaa mobile payment brand.

Telefónica Czech Republic, operating under its 02 brand, will pilot a mobile payment program to allow merchants to accept payments on their smartphones or tablets from consumers using Near Field Communication-enabled stickers or smartphones.

VeriFone's recovery from its earnings slump will rely heavily on merchants investing in new technology to respond to the impact of mobile on payments.

Monitise is offering its payments and mobile banking products to more than 2,600 credit unions through a partnership with Card Services for Credit Unions, a credit union card processing and payment services association.

Braintree is viewing consumer purchasing behavior at multiple merchants to improve fraud mitigation.

The launch of PayPal's revamped mobile app is a coming out party for the eBay unit to prove it's laid the foundation to be a serious offline payments player by employing strategies that differ greatly from how it achieved success as an e-commerce payments scheme.

With all the various payment methods now available to consumers shopping online, more than 80% still prefer to use cash for online purchases of £10 (U.S. $15.55) or less, according to a survey by a U.K.-based online cash payments provider.

A new group of payment terminal providers will add Isis’ specifications for payments and loyalty programs, enabling the telecom-driven mobile wallet to reach approximately 90% of the addressable market for point of sale hardware in the U.S.

It appears Google may not be satisfied with the prospects of consumers only wearing its Glass headsets and using its mobile wallet on Android-powered smartphones.

In an effort to shield merchants looking to expand into new markets, PayPal will launch an expanded seller protection policy for the Asia Pacific region on Oct. 11.

Australia's ANZ Group announced Tuesday that it’s launching ANZ Transactive Mobile — a smartphone app that helps streamline cash management for corporate customers.

Citibank has agreed to pay $55,000 to settle a complaint by the Connecticut attorney general that the bank was aware of a security flaw in its online banking service that resulted in hackers obtaining payment card data and stealing about $2.7 million.

Mobile bill pay app developer Check has received $24 million in Series C investment led by Menlo Ventures, a venture capital firm that has previously funded app developers Uber and Tumblr.

The ATM Acquirers Alliance is restructuring its organization to accommodate new industry segments and payments technology and has changed its name to Integrated Payments Alliance.

Microsoft's planned acquisition of Nokia's handset division is designed to bolster its position as a hardware manufacturer and solidify a mobile platform for its Windows operating system. But the move may also boost the tech giant's payments aspirations.

Cloud payment processor and mobile commerce vendor i2c Inc. is providing the technology for Boom Financial's entry into Haiti with its text-messaging money transfer service.

The upcoming Samsung Galaxy Gear smartwatch will have a Near Field Communication chip in it, according to reports. But only time will tell if Samsung plans to use the chip for payments.