Economy

CardConnect has launched CoPilot, a business management tool for independent sales organizations and sales agents.

American Express and ShopRunner are promoting a system designed to mitigate online 'cart abandonment' as more e-commerce moves to mobile devices.

Tango Card is pitching its online gift card platform as a way to let big companies provide small-dollar awards to their employees.

Leading into Apple's annual Worldwide Developers Conference, starting Monday in San Francisco, a patent application surfaced that provides fresh details on Apple's approach to mobile payments.

Mobile payments company, Boku Inc. and PlayJam, which provides a platform for games on televisions, are working together to allow consumers to make purchases on smart TVs.

Though Apple doesn't have a dedicated mobile wallet, its plans for mobile payments are at least as old as the iPhone itself. Here is a rundown of the many ideas Apple has explored in its mobile payment patents.

Bell ID plans to offer software that will improve the appeal of Near Field Communication technology as a contactless payments option and quell debates over who should control the secure element in a phone handset.

About half of the customers who use JPMorgan Chase's Liquid prepaid card are financially underserved, and 30% of them have no other relationship with a bank, an executive said today.

July Systems provides tools for merchants unfamiliar with programming to put together revenue-generating mobile experiences — with a hint of social media and a dash of mobile commerce.

Pundits admonish independent sale organizations to “go beyond” providing transaction services by offering value-added products that help merchants increase profits. Here’s an ISO that’s doing exactly that.

Visa is aggressively building its presence with mobile point of sale vendors in an effort to attract the merchants that still don't accept electronic payments and rely heavily on cash and checks.

Kuapay has finished a design upgrade and enhancement to its mobile wallet that borrows from the past—consumers see actual images of cards and coupons when looking at the screen

Visa is working to approve more mobile point of sale hardware, including products from iZettle, SumUp and Swiff.

Merchant Warehouse will make its Genius payments and marketing platform available to Retail Pro International LLC customers in what amounts to "future-proofing and a lot more" for the merchant payment terminals, says CEO Henry Helgeson.

Total Merchant Services, a 17-year-old Woodland Hills, Calif.-based ISO, began transforming itself into a more tech-oriented company a year-and-a-half ago when the founders, brothers Ed and Matt Freedman, hired Joe Kaplan as CEO.

With the government cracking down on digital currency players such as Liberty Reserve and Mt. Gox, many ask whether it's a move to squash the development of virtual currencies and what action the government will take next.

As EMV-chip cards spread, with most U.S. merchants expected to accept the card by October 2015, there is still a major hurdle to overcome as consumers either resist the change or remain oblivious to it.

Zipmark, a company that allows businesses to send and receive digital checks, is working with the processor Vantiv Inc., potentially bringing more than 400,000 merchant relationships to Zipmark's money transfer platform.