Payments

Jack Dorsey is following in the footsteps of his Silicon Valley idol – Steve Jobs.

Apple's plan to launch Apple Pay in the U.K. with the support of a solid number of issuers came as no surprise — except for the omission of Barclays, the leading issuer and acquirer in the country.

Apple is doing a lot more with its mobile wallet, with a focus on making Apple Pay a more palatable option for retailers. The company is also making moves to beef up the features visible to consumers and expand to new regions.

Jack Dorsey will be doing double duty soon. The 38-year-old Missouri-native will be serving as the interim CEO of Twitter, while also continuing to serve as the CEO of Square Inc.

Banks are under significant pressure to modernize payments or lose customers to more nimble digital challengers. But regulatory obligations, which at times hold banks back from being innovative, are also the reason banks become the hero in resolving disputes over charges.

Spindle has revised its Yowza mobile shopping app to fuel further engagement with consumers through its commerce platform.

Apple Pay's launch was seen as so bank-focused that some retailers griped or outright rebelled against the Apple mobile wallet. But today, Apple made a major peace offering to the merchant community — and it's working with Square to make that happen.

First, Apple changed the payments playing field with the flashy launch of its Apple Pay mobile wallet offering. Now, Google's recent announcement of the soon-to-be-released Android Pay may have upset the apple cart. But regardless of who's in the lead, credit unions are in a position to make the most of this mobile wallets showdown.

Commerce Bancshares in Kansas City, Mo., has established relationships with several new organizations, including environmental groups and universities, to offer co-branded credit cards.

The traditional cash register is making way for new technology based on tablets, smartphones and other, sleeker devices. These products open up a range of new capabilities for the retailer and the consumer.

After hearing that his friend organized an adult hockey team and ended up losing about $3,000 each year that he fronted for ice time because he never got paid back by others, Ian Andrew Bell came up with the idea for RosterBot.

At the Wayfair network of retail brands, more people are using its mobile commerce apps, but only a smaller percentage are on board with using those apps to make purchases.

MOUNTAIN VIEW, Calif. — Credit unions may want to step up their EMV education efforts toward their small business members.

Qiwi, a Russian payment services company is working with Beeline Russia to allow its customers access to Qiwi's digital wallet service.

Another year brings another attempt by Google to develop the winning formula that will allow it to compete long-term in the mobile payments war.

American Express' recovery from losing its partnership with Costco got a boost as it reached an agreement with Starwood Hotels to introduce a new payment card.

U.S. Bank in Minneapolis has updated its mobile corporate payments to allow the use of virtual card accounts, which give users a temporary 16-digit number to execute transactions.

The rapid pace of change has forced payment companies to collaborate more often, a posture that will help the industry in the future, even if EMV and other innovation disrupts the market.

ATM management company Dolphin Debit has placed large, drive-up ATMs at Murphy USA fuel stations, adjacent to Walmart stores, for credit unions in Mississippi and Texas.

Traditional assumptions about how demographic groups adopt digital channels are fading as comfort with new technology becomes common, according to new research from payment processor Total System Services (TSYS).