Mobile payments

First Data India is leveraging Roam's mobile platform to launch its own branded chip-and-PIN mobile card reader in the country.

Imagine arriving at an international airport and one of the first greetings you get is from your bank, welcoming you to the new country and saying where to find free ATMs.

Amazon's launch of a mobile card reader should force many mobile point of sale companies to reevaluate whether their own offerings are distinct enough to ensure their survival.

Square is seeking to gain about $200 million in funding, with part of that coming from the Government of Singapore Investment Corporation, according to CNBC.

Square Cash, a person-to-person payment service Square launched in October 2013, has been redesigned to become more useful as an app-based product.

Convenience store and gas station operator Mapco is using PayPal-funded mobile payments to keep motorists from straying to competitors' gas pumps.

Sequent has patented a payment system that allows merchants to simultaneously accept several types of cards with a single tap of a mobile device at the physical point of sale, with the goal of making mobile wallets more user-friendly.

Coin's ongoing public relations fiasco illustrates that startups—especially those that have crowdfunded money from prospective customers—need to be transparent about any hiccups in the development of their technology.

Swisscard AECS AG, the Zurich-based joint venture of Credit Suisse AG and American Express, has implemented Entersekt's 3D secure-based mobile security system, Transakt.

The Medical research nonprofit Enduring Hearts got a quick boost from a mobile payments engine that allows consumers to donate while making purchases at a network of retailers.

The much-anticipated Coin, a programmable magnetic-stripe card that can store multiple payment accounts, is getting another rush of attention as the company pushes the product's shipping date to next year for new orders.

As payment technology pushes into the future, innovators are coming up with unexpected ways to pay. Whether this means attaching technology to animals or sewing it into our clothing, many of these products are a leap beyond the ordinary payment card.

Zumigo, a provider of location-based mobile services, has raised $6 million in a Series B funding round.

First Data has a number of payments initiatives planned for the next year in Brazil, where the mix of mobile and card adoption suggests big potential for electronic card payments.

By adding data analytics to its Square Register platform, Square Inc. says it is giving merchants of all sizes the kind of tools that larger retailers use to increase sales.

PayPal has released an upgraded app for Microsoft's Windows Phone operating system, adding several features already available on iOS and Android devices.

Evolution is occurring rapidly in mobile payments. While the innovation headlines are being made by the digital innovators and new industry entrants, banks still have a window of opportunity to take strategic advantage and preserve their traditional payments franchise.

Almare Gelato Italiano accepts many alternative payment methods, and hasn't paid a dime for them because its vendors want a taste of the foot traffic at store's prime location in downtown Berkeley, Calif.

VeriFone is targeting a wide range of markets for its taxi and merchant applications. The company has reached an agreement with Bharti Airtel Group in Africa and, separately, entered taxi payment deals in Turkey and Mexico.

Square won't require users of its $99 Square Stand to replace their hardware when they are ready to accept EMV-chip cards. Instead, the vendor will support EMV cards through the hardware's included USB hub.