Payment processing

Wex Inc. announced its succession plan today, naming Melissa Smith, a 16-year employee of Wex, as president of the company. She will take over as CEO in January 2014.

MasterCard is planning to rapidly broaden the scale and scope of its digital wallet and prepaid card offerings.

Heartland Payment Systems Inc.'s executive chairman and CEO, Robert Carr, leaves little doubt as to where he sees his company's mobile pay future heading — attached to the wagon of mobile-payment pioneers such as LevelUp.

First Data is having a busy week. On Sunday it announced a new CEO, who started the job Monday. And today, it had a tough earnings call where the company admitted it could do more to leverage its considerable data to expand the services it sells to clients.

eServGlobal plans to extend use of its mobile money technology into markets in the Middle East and Africa.

Discover has signed contracts with 50 merchant acquirers to enable PayPal's in-store payment system to pass 2 million merchant locations by the end of 2013, the card brand said.

Merchants have a vastly different receptiveness and understanding of the U.S. conversion to EMV-chip payment cards, and VeriFone is taking a diverse approach to appealing to them all.

Nintendo built a Near Field Communication chip into the tablet-like controller of the Wii U game console it launched late last year, and the video-game giant says it is now considering using that chip for payments.

Taxicab drivers and their passengers will soon be able to test new mobile hailing and payment systems, following the launch of an e-hailing pilot program and updates to New York City’s regulations for in-car payment terminals.

China's state-backed UnionPay payment network seeks a larger presence in the U.S., starting April 29 with a new prepaid card that banks in Asian-American communities will market to consumers who travel to China and other foreign countries, according to news reports.

Only a couple of hours into his new job as First Data's CEO, Frank Bisignano was already plotting a strategy to deal with the historic impact of mobile technology on the payments industry.

Texas Capital Bank has begun using automated clearing house processing services from Fiserv Inc., the companies announced today.

Square Inc., the payments startup founded by Twitter Inc. Chairman Jack Dorsey, is adding features to target the restaurant industry as it moves beyond individual merchants such as dog walkers and taxi drivers.

First Data has hired Frank Bisignano be its new chief executive officer. Bisignano was formerly co-COO at JPMorgan Chase, where he specialized in managing tech development for customer-facing products.

Snapfinger Inc. designed its mobile payment app for its restaurant clients to better gather data on their guests.

Many companies in the payments industry have strong, influential women as top executives. These women rarely had a clear path ahead of them when they started out.

Nacha's Janet Estep has just finished one of the biggest weeks of the year for the association—one that included heavy advocacy for automated clearing house payments at Nacha's Payments 2013 conference.

As mobile payments companies seek a receptive audience, many are turning their attention to restaurants. And the food industry, in turn, is increasingly receptive to putting mobile payments on their menu.

Rewarder's a startup that works in reverse of most online markets — it facilitates payments for buyers who are willing to pay for a unique expertise.

CSI Enterprises Inc. has its sights on the travel industry, offering businesses a way to track employee expenses with its new globalVCard mobile payment app.