Payments

Moscow-based startup Cardberry is planning to launch an app and device to streamline discount and loyalty cards.

Samsung plans to expand its Samsung Pay service to more phones in 2016, including its lower-priced models.

The pimples and beauty marks of the mega-retailers’ CurrentC mobile wallet are on display for all to see during the app's ongoing beta test prior to its planned rollout next year.

The lowest-hanging fruit for payments efficiency is governments, which handle huge volumes of payments and generally lag private corporate payments in implementing automated processing.

A London-based startup aims to allow consumers to use Bitcoin as a form of payment – even with merchants that haven’t started using the digital currency.

UAE Banks Federation (UBF), an association of 49 banks in the United Arab Emirates, this month said in it will move ahead with plans to develop a mobile wallet accessible to its members in 2016.

2015 was the year EMV began taking hold at the point of sale, with effects that rippled through nearly all other payment channels. Here's a look at how the payments industry is adapting to the changes brought on by EMV-chip cards.

Though Apple grabbed the early worm in mobile payments, combining an intuitive mobile system for consumers with the buy-in of major financial institutions and merchants, the first-mover advantage never seemed to materialize.

The concept of a multi-merchant rewards program appeals to cardholders, but the widely advertised Plenti program managed through American Express has not yet reached its potential, according to new data from Auriemma Consulting Group.

Apple Inc. grabbed the early worm in mobile payments with Apple Pay's late 2014 launch, combining an intuitive mobile payments system for consumers with the buy-in of major banks and merchants. But the tech giant’s first-mover advantage never seemed to materialize.

Valve Corp. has agreed to work with UOL BoaCompra to accept payment on its online gaming platform, Steam, in Colombia and Peru.

WASHINGTON — The Bancorp Bank in Wilmington, Del., has agreed to pay $4.3 million on charges brought by the Federal Deposit Insurance Corp. that the prepaid card issuer deceived consumers.

The age of Google Glass may be over, but 2015 saw wearable technology emerge in more subtle forms such as watches, rings and other items that appear more trendy than geeky. The payments industry is working to make the most of this fashionable trend.

Of all the companies in the payments landscape, few have changed as much as PayPal has in the past year. And heading into the new year, the newly independent alternative payments company is showing no signs of slowing down.

The concept of a high-tech multipurse card with a built-in display may seem out of place in a world where many of the same functions can be handled by mobile wallet apps, but some entrepreneurs remain committed to the idea of a futuristic plastic card.

ParkJockey plans to integrate PayByPhone's software into its mobile parking application.

Revel Systems has opened a new office in London to facilitate its growing business in Europe, the Middle East and Asia.

In an effort to expand its digital banking platform, 1st Advantage Federal Credit Union added Fiserv's Mobiliti mobile banking, Popmoney person-to-person payments and remote deposit capture.

The Internet of Things is ready to take off in modern retail in the coming year, spurred by a growing connection to consumer payments.

Target Corp. is tight-lipped on the details of its proprietary mobile wallet, but reports of the retailer's plan for a software-based wallet app early next year are adding to the concern that the mobile wallet market is becoming oversaturated with options too early in its lifecycle.