Online payments

Hoping to reach businesses with purchasing needs that can't be handled with just a credit card, WePay is turning to Automated Clearing House payments to diversify its transaction options.

The age of the standalone wallet app, though still in its infancy, may already be making way for a new mobile payment regime.

Worldpay and Zuora have partnered to introduce a product that streamlines the payments aspect of online, subscription-based video, software and other content.

Twitter Inc., which helped rewrite political discourse, is now venturing into the world of campaign finance, introducing a way for candidates to solicit donations through social media posts.

Mobile payment and commerce technology provider Mozido has established a cross-border e-commerce payment connection between China and Russia, a project that resulted from its purchase of Beijing-based PayEase Corp. earlier this year.

CHICAGO — Financial institutions have fallen behind the payments innovation curve, though they can catch up quickly by adopting the faster payments initiatives that are accompanying mobile and digital transactions.