Payments

Groupon may not have its own mobile wallet, but it has a strong foundation to build on: The 110 million downloads of its daily-discount app, plus the merchants using its Breadcrumb mobile point of sale system.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

Rent payments are among the few lingering paper-based transactions, though a subset of the payments industry is shaking the trees to find ways to change that.

Europe is home to many innovative and disruptive banks, telcos and technology firms. Some of these are deploying mobile wallets that have the potential to span the entire continent.

Industry groups are crying foul over how a Consumer Financial Protection Bureau proposal to regulate prepaid cards would affect overdraft services and treat virtual currencies.

FICO and two data partners are testing a credit score based on alternative data that could help banks take smarter risks on borrowers with limited credit histories, but bankers' cost concerns and adherence to traditional methods present big hurdles.

Landings CU outsourced the management of its four machines to Dolphin Debit Access, an ATM management firm in Houston.

French terminal maker Ingenico Group will use Intel Corp. technology to develop a mobile tablet that supports EMV chip card and Near Field Communication contactless payments.

As digital technology has reshaped the acquiring business, some of the industry's biggest names are making splashy investments in mobile payments and merchant marketing.

Mobile commerce is blurring the lines between card-present and card-not-present transactions, possibly even making the distinction—and the difference in pricing—irrelevant.

ProPay, a unit of the Columbus, Ga.-based TSYS, has introduced a suite of services aimed at simplifying the work of payment facilitators with aggregation and payment processing services.

Ingenico Group has expanded its iWL series of mobile terminal solutions to include a new Wi-Fi enabled model.

Apple Inc.'s new mobile-payment system is failing to capture all of its potential business, according to a survey, with two-thirds of users reporting problems using the service at the checkout counter.

Mozido LLC has added Host Card Emulation to its mobile payment platform, making an investment in SimplyTapp for access to its patented cloud-based technology.

Major Indian payments vendor Oxigen is planning for some serious expansion—to the tune of 1,500 new hires and roughly $200 million in new fundraising by June—as it starts focusing on suburban and rural India especially in east and central India, according to a PTI report in Livemint.

When it comes to biometric authentication, Samsung is looking way beyond fingerprints.

Modern payment terminals are streamlining the update process for merchants by enabling instant updates of their capabilities, and U.S. Bank is taking advantage of this technology to rapidly get new offerings to market.

Santander Innoventures Fund says it has earmarked $5 million to Israel-based mobile payment and loyalty provider MyCheck as its first investment.