Economy

When experiments in lending are properly organized and priced, they can be successful for borrowers and lenders of all income groups, even in tough times.

New York livery car groups won a bid to block a pilot program that would enable people to hail and pay for rides in one of the city’s 13,000 yellow taxis using location-based smartphone applications.

PageOnce is changing its name to Check, a rebranding that signals the mobile financial management company's new focus on payments.

Tradehill is relaunching its virtual currency trading system after it shut down an earlier version of its offering last year amid regulatory disputes and a legal fight with online payment company Dwolla.

Gene Cornfield, chief marketing officer for digital gift card provider CashStar Inc., recently sat down with PaymentsSource to discuss how Starbucks, Apple and other companies are setting the tone for the next developments in mobile commerce.

The biggest names in digital payments — PayPal, Isis, Google — have one thing in common: they all have a relationship with Discover Financial Services.

RentPaidOnline (RPO), an online payment service for property managers, and mobile commerce provider Spindle are partnering to develop a mobile version of RPO’s portal.

The launch of the Smart Jets mobile app is giving big spenders a new way to pay for private jet flights. Smart Jets targets customers with a net worth of at least $30 million.

When the latest "As Seen on TV" must-have gadget appears on-screen, consumers may someday be able to make the first of their payments by pressing a few buttons on their remote control. It may seem far-fetched, but it's a future that Ingenico chairman and CEO Philippe Lazare says is well within reach.

Flash Valet, which uses mobile technology to facilitate payments for valet service providers, is creating a companion mobile app for consumers.

The biggest names in digital payments — PayPal, Isis, Google — have one thing in common: they all have a relationship with Discover Financial Services.

BitPremier plans to broker luxury items like condos, jewelry and designer watches exclusively via the digital currency bitcoin. Behind the venture is SecondMarket CEO Barry Silbert.

An app store launched by Alpha Payments Cloud will allow merchants and financial institutions to build and purchase the various components of its payments technology stack.

Square has hired retail, consumer product and payments veteran Alex Petrov to be its vice president of partnerships.

With a new round of funding, Des Moines, Iowa-based alternative payments company Dwolla plans to add to its headcount in Iowa and New York and expand to San Francisco.

Payments companies are becoming increasingly interested in acquiring companies outside the industry as a way to stay relevant in a competitive market.

Heartland Payment Systems Inc.'s executive chairman and CEO, Robert Carr, leaves little doubt as to where he sees his company's mobile pay future heading — attached to the wagon of mobile-payment pioneers such as LevelUp.

Consultants Deana Rich and Todd Ablowitz explain how ISOs can benefit by combining small merchants into a single account.

Big merchants are embracing mobile card acceptance to save floor space and because affluent shoppers want it.

eServGlobal plans to extend use of its mobile money technology into markets in the Middle East and Africa.