Payment processing

In the latest intersection of social media and financial services, “The End of Money” author David Wolman is selling digital copies of his book on Twitter for four days.

Apple introduced its Passbook app — a wallet that stores other mobile wallets — alongside the iPhone 5 in September. Three months later, has Passbook revolutionized mobile payments? Or is it starving from lack of support?

Capital Access Network, Inc., a small-business finance provider, has named an advisory board to guide the launch and growth of its latest offering to small businesses, CapTap.

Merchant Warehouse, a Boston-based ISO, has certified Combase USA as an integrated partner on the Merchant Warehouse Genius ITX Customer Engagement Platform.

If prepaid card providers want to be taken seriously, please, please, please ditch your celebrity partners.

U.S. Bank in Minneapolis has committed to becoming the first large U.S. bank to offer mobile bill payment in the manner of mobile check deposit—letting users pay a bill by simply taking a picture of it with the camera on their smartphone or tablet.

Online payments provider Optimal Payments Ltd. established the foundation for expanding its payment gateways to U.S. merchants and prepaid business in Europe with separate deals announced this week.

Payment Alliance International, a Louisville, Ky.-based ISO and independent ATM supplier, is working with Cash Connect, a supplier of cash vault services, to offer vault cash and cash forecasting.

Discover Financial Services said that its board has approved a change in the company’s fiscal yearend from Nov. 30 to Dec. 31 of each year.

Clearent's new application status report gives ISOs and agents insight into the status of merchant applications.

Financial Transaction Services has acquired Dependable Payment Processing and Discount Payment Processing two affiliated, Pittsburgh-based companies collectively known as DPP that provide electronic payment processing services.

Before the mobile card reader phenomenon took off, it was unlikely that a small-business owner could walk into a nearby store, pay $10 and walk out minutes later with the ability to accept card payments. Today, mobile payment devices are competing for shelf space with a growing number of major retailers.

Isis, mobile-pay venture formed by AT&T, Verizon Wireless and T-Mobile, has signed two deals that would allow consumers to use its Near Field Communication-based mobile wallet at vending machines that accept cashless payments.

Banks have at times been urged to design their own wallets instead of working with third parties — but going it alone may not always be the best approach.

In an effort to make its style of alternative mobile and online payments more accessible, Dwolla launched several new features.

The mobile-payment provider Spindle has entered an agreement with the point of sale technology distributor Integrated Payments to offer its mobile commerce system to Integrated Payments' clients.

The processor Planet Payment Inc. has begun offering its iPay payment gateway to customers of the e-commerce platform provider Magento.

Vantiv Inc. says it has completed its purchase of the e-commerce payment processor Litle & Co.

Adyen is launching a portable card reader that accepts both mag-stripe and EMV chip-card payments — the latter a feature that’s still rare in the U.S. even at hard-wired point of sale terminals.

Pageonce, a money management and bill pay company, announced bill pay enhancements made to its Money & Bills app. Its new archive capability could make it a competitor to banks' mobile bill payment offerings.