Mobile payments

CO-OP Financial Services is developing a mobile app that will give consumers the ability to activate and deactivate card capabilities on the fly.

SpendSmart Networks has purchased the e-commerce solutions division of TechXpress and plans to integrate the company's online and mobile services with its existing loyalty program offerings.

The Swedish mobile payments company Seamless has agreed to acquire Ingram Mobile Mobility's prepaid mobile operations in Sweden and Denmark.

Macy's is using a mix of technology to pitch offers to consumers as they move within its store and shop across channels.

Apple Pay isn't yet on phones, but many companies in the financial services industry have already changed their strategies to respond to it. Some are on board with Apple's new mobile wallet, but others are firmly against it.

The intimate involvement of the nation's largest credit card issuers in Apple Pay is sparking concern that smaller banks will be left behind in the mobile payments revolution.

The Swedish e-commerce payment company Klarna is coming to the U.S. next year.

Mobile payment provider Flint is adding team accounts to support the move beyond its roots as a vendor to micro merchants.

Direct carrier billing provider Boku Inc. will partner with Corethree to allow consumers to pay for bus tickets on their mobile phone bills.

Visa has engaged J.P. Morgan Securities as it considers its options regarding the card network's investment in Monitise.

Venmo, a mobile person-to-person payment system now owned by PayPal, rocketed in popularity with millennials by treating money movement as a type of social interaction.

Apple is launching its mobile in the U.S. only, but Visa Europe is working closely with its member banks and the tech giant to bring Apple Pay to Europe as well, and there are signs that Apple has its sights on other markets.

U.S. merchants will have to upgrade their terminals soon to be able to support the influx of Apple devotees who will want to use their new phones to make payments.

Chase Paymentech has opened three developer labs in the U.S. to accelerate Apple Pay adoption in mobile commerce.

Subway's substantial support of the telco-led Softcard mobile wallet and the recently unveiled Apple Pay, which both use Near Field Communication for payments, is a sign that the technology's interoperability is paying off in larger deployments.

Apriva has added data analytics and business management tools to its payments software for bank and merchant services clients, along with a Web portal where merchants can review consumer behavior.

The U.K. telco-backed mobile commerce venture Weve is reportedly ending its plans for a universal mobile wallet. Its members will work on their own individual mobile wallets, which will be challenged when they face off against the upcoming Apple Pay.

E-commerce payments provider Adyen has partnered with Evernote, which offers software for note-taking and archiving, to launch Alipay's mobile-optimized checkout for users in China.

VeriFone and Creative Mobile Technologies are collaborating to remove a major barrier for the taxi rider who wants to use a smartphone to pay, but has the wrong app.

Square has raised $100 million in funding at a valuation of about $6 billion, according to Fortune, which attributed the news to market data source VCExperts.com