Payment processing

Tango Card is pitching its online gift card platform as a way to let big companies provide small-dollar awards to their employees.

Leading into Apple's annual Worldwide Developers Conference, starting Monday in San Francisco, a patent application surfaced that provides fresh details on Apple's approach to mobile payments.

Mobile payments company, Boku Inc. and PlayJam, which provides a platform for games on televisions, are working together to allow consumers to make purchases on smart TVs.

Though Apple doesn't have a dedicated mobile wallet, its plans for mobile payments are at least as old as the iPhone itself. Here is a rundown of the many ideas Apple has explored in its mobile payment patents.

The data security risk that accompanies the growth of electronic commerce can be met by surgical removal of the data itself, Chase Paymentech says.

Three years ago, Visa executives told investors that one of their goals was to enter new businesses, but Visa CEO Charlie Scharf, who joined the company in October, says that is no longer the case.

Mobile payments worldwide will grow significantly in transaction volume and value in 2013, but Near Field Communication payments won't be part of that momentum in North America, according to new Gartner research.

MasterCard has approved a pair of EMV-chip cards jointly developed by Inside Secure and CPI Card Group.

July Systems provides tools for merchants unfamiliar with programming to put together revenue-generating mobile experiences — with a hint of social media and a dash of mobile commerce.

Law enforcement officials have arrested 11 people suspected in a $200 million global credit card fraud operation, according to the Serious Organized Crime Agency, a unit of the British government.

VeriFone is blunt about the issues plaguing the terminal maker and is working to restore its customers' confidence as it seeks a permanent chief executive.

Signature Card Services will give away EMV-enabled point of sale terminals to client merchants in the U.S. in an attempt to ease the transition to the chip-card standard.

Visa is aggressively building its presence with mobile point of sale vendors in an effort to attract the merchants that still don't accept electronic payments and rely heavily on cash and checks.

Check has partnered with Alltel Wireless, allowing Alltel customers to track and pay bills on their smartphones with Check's Money & Bills app.

Kuapay has finished a design upgrade and enhancement to its mobile wallet that borrows from the past—consumers see actual images of cards and coupons when looking at the screen

Some data breaches can't be prevented. But too many occur when data-storage companies fail to make use of "aggravatingly simple protections," a new Javelin Strategy & Research report says.

Visa is working to approve more mobile point of sale hardware, including products from iZettle, SumUp and Swiff.

Merchant Warehouse will make its Genius payments and marketing platform available to Retail Pro International LLC customers in what amounts to "future-proofing and a lot more" for the merchant payment terminals, says CEO Henry Helgeson.

With the government cracking down on digital currency players such as Liberty Reserve and Mt. Gox, many ask whether it's a move to squash the development of virtual currencies and what action the government will take next.

Fortumo Ltd. has secured a partnership with handset manufacturer ZTE Joygor to provide in-app purchasing and billing software on ZTE handsets.