P-to-P payments

Consumers who primarily use cash for transactions can now initiate domestic and international online money transfers through Ukash Money Transfer.

PayPal, following a highly publicized clash with a crowdfunded company, is putting crowdfunding under a microscope to avoid compliance and security risk.

By adding Popmoney person-to-person payments to its primary mobile banking application, PNC Bank is putting the feature where its most tech-savvy customers expect to see it.

Fiserv will expand Instant Payments to the mobile version of its Popmoney person-to-person payment system in November.

The digital payments initiative clearXchange is run by three banks that make up more than 50% of the online banking market in the U.S., but it still has a lot of work cut out for it.

A Web-based platform for businesses and individuals to send and receive electronic checks is being pitched as an alternative to typical online bank account transfers.

The bank-run payments venture clearXchange has named Wells Fargo's Michael Kennedy as the company's chief executive officer.

Today's the day Apple unveils the successor to the iPhone 5. Here's a look at the leaks, patent applications and other rumors that shed light on the company's mobile payment plans.

The launch of PayPal's revamped mobile app is a coming out party for the eBay unit to prove it's laid the foundation to be a serious offline payments player by employing strategies that differ greatly from how it achieved success as an e-commerce payments scheme.

Twitter's decision to hire a head of commerce signals that the company plans to play a significant role alongside the many companies that have sought to transform the social media site into a platform for payments.

IND Group, a European online banking technology provider, has partnered with PayPal to allow bank customers to transfer money to family and friends using their email addresses.

Convenience for the receiver will ultimately drive mass adoption of P2P payments and give financial institutions that deploy this service a competitive advantage.

Canadian financial services technology developer Davis and Henderson closed its $1.2 billion acquisition of Lake Mary, Fla.-based Harland Financial Solutions on Friday.

The European Commission says the phone company and banks involved in a mobile commerce joint venture in Spain can move forward because they are not violating anti-competition rules.

Realex Financial Services has launched Realex Fire, an account that enables users to create a circle of people to regularly pay.

Higher One, a provider of services to colleges and universities, has acquired PayDivvy Inc., enabling students to make person-to-person payments for the management of bills.

PayPal is making programming tools available worldwide to allow software developers outside the U.S. to integrate PayPal payments into their applications.

IDT Payment Services, a subsidiary of IDT Corp., launched an international money transfer service to expand its Boss Revolution payment platform.

Fiserv Inc. increased its payments revenue and signed new clients in the second quarter, pushing its overall revenue up 10%, to $1.2 billion, in the second quarter from a year earlier.

Bitcoin, a decentralized virtual currency, has been declared illegal in Thailand. Members of the Foreign Exchange Administration and Policy Department made the determination at a meeting on July 29 in the Southeastern Asian country, according to a Bitcoin exchange operator in attendance.