Payment processing

Paidpiper Inc., once a poster child of MasterCard Inc.'s push to work with small developers, is finally ready to launch its product — without its previous reliance on MasterCard.

If they haven't already, retailers should begin getting a clearer picture of how to deploy a mobile wallet and loyalty program to their customers.

American Express is pursuing a new chief financial officer to help it manage the opportunities and financial stress borne by the future of digital commerce and emerging merchant acquisition strategies.

Alaric Systems Ltd. will add myPinPad software to its card-not-present security offerings for payments service providers.

American Express Co. said Chief Financial Officer Daniel T. Henry is retiring later this year.

Revel Systems Inc. is launching a system that adds security to swiped card payments by displaying the accountholder's photo on its iPad-based point of sale terminal.

Alpha Payments Cloud is aiming to make the deployment of payments technology more flexible, thus allowing companies to adopt new payments products at a faster pace.

Two payments technology veterans are working on a mobile wallet that would not require changes to the hardware and software at the point of sale.

Xoom will give customers who send a digital online money transfer to the Philippines during the month of May a $50 Amazon.com gift card as part of a Mother's Day promotion.

Discover Financial Services and Network International, a Middle Eastern payment provider, have formed a strategic alliance to allow cross border card acceptance.

Ed Labry, who served as First Data's interim CEO before the payments processor chose Frank Bisignano for the top job on April 28, has been named vice chairman.

New York livery car groups won a bid to block a pilot program that would enable people to hail and pay for rides in one of the city’s 13,000 yellow taxis using location-based smartphone applications.

PageOnce is changing its name to Check, a rebranding that signals the mobile financial management company's new focus on payments.

Tradehill is relaunching its virtual currency trading system after it shut down an earlier version of its offering last year amid regulatory disputes and a legal fight with online payment company Dwolla.

MasterCard does not plan to mimic Visa's recent move to develop a private-label processing network for banks like JPMorgan Chase, but CEO Ajay Banga acknowledges that if more institutions pursue the strategy, the card network will have to consider it.

Canada is presenting many opportunities to the payments companies operating within its borders and in the U.S. Here are some of the most recent examples.

The biggest names in digital payments — PayPal, Isis, Google — have one thing in common: they all have a relationship with Discover Financial Services.

RentPaidOnline (RPO), an online payment service for property managers, and mobile commerce provider Spindle are partnering to develop a mobile version of RPO’s portal.

The launch of the Smart Jets mobile app is giving big spenders a new way to pay for private jet flights. Smart Jets targets customers with a net worth of at least $30 million.

When the latest "As Seen on TV" must-have gadget appears on-screen, consumers may someday be able to make the first of their payments by pressing a few buttons on their remote control. It may seem far-fetched, but it's a future that Ingenico chairman and CEO Philippe Lazare says is well within reach.