Online payments

Virtual Piggy, the provider of Oink payments, will provide its alternative payment system to the European Games Group, which has roughly 16 million players worldwide.

PayPal's John Lunn doesn't mince words when talking about the work that needed to be done to repair PayPal's developer programs. "Just go back a bit in time, toward the end of 2012 and early 2013, we were losing touch with developers."

These 20 women have reached impressive heights in a traditionally male dominated industry and have played a vital role in helping their organizations stay ahead of the curve.

Klarna raised 90 million euros to finance its acquisition of Sofort through fundraising led by Klarna's founders and existing investors, including Sequoia Capital, General Atlantic and Atomico.

China's central bank blocked plans by Tencent Holdings Ltd. and an affiliate of Alibaba Group Holding Ltd. to offer virtual credit cards as the government moves to tighten restrictions on online financial products.

E-commerce payments processor 2Checkout is attempting to win over businesses by enabling the potential clients to accept transactions before it fully vets them.

The growing complexity of technology is forcing payments providers to ask whether they are better off becoming one-stop shops or building a network of partners to fill out their offering.

EMVCo, the EMV standard governing body has released specifications for payment tokenization, a process that it says will strengthen security on card-not-present transactions initiated by EMV-chip cards.

The payments processor TSYS has added features to its Credit Care tool to improve data access for banks and cardholders.

PayPal has added 15 partners to its Startup Blueprint program, expanding the network's reach to 5,000 startups.

EBay has been adamant that its auction and payments businesses are best kept united, but if activist investor Carl Icahn succeeds in his mission to split off PayPal, eBay probably would not exit the payments business completely.

The Swedish e-commerce firm Klarna, which offers a service that lets customers make online purchases and pay for them later by invoice, has completed its purchase of the German payment network Sofort.

Online payments provider Payoneer has completed a $25 million Series D financing round it will use to expand through acquisitions and other efforts.

Foodler, a food ordering service, is one of the first to build on top of the "connected apps" technology recently added to the LevelUp mobile wallet.

NakedWines' website, featuring a pastoral northern California winery, looks calm and comforting. But the company, which uses a crowdfunding payments model to reduce steps in wine sales, is trying to stir up some chaos.

Sterling Bancorp in Montebello, N.Y., has signed a long-term merchant servicing agreement with e-commerce and payment processing firm First Data Corp.

The e-commerce technology provider Live Gamer Inc. is incorporating MasterCard's MasterPass digital wallet into its checkout services.

JPMorgan Chase plans to develop a one-click checkout option for its customers when shopping online or through mobile devices.

Activist investor Carl Icahn, who last month proposed that eBay Inc. spin off its PayPal unit and nominated two employees to the board, criticized the online marketplace for "lapses" in corporate governance and asked shareholders to vote in favor of the split.

MasterCard has upgraded its MasterPass digital wallet to enable purchases from within mobile applications.