Payments

The payments processor TSYS has added features to its Credit Care tool to improve data access for banks and cardholders.

Mobile banking technology company Monitise is attempting to make account alerts two-way conversations, with an eye on marketing and security capabilities for payments applications.

PHILADELPHIA — Reloadable prepaid is becoming a popular alternative to checking accounts for a growing number of Americans, and more credit unions than banks are offering the product, according to separate studies from the Pew Charitable Trusts and Moebs Services.

McDonald's customers throughout Sweden can now pay for their meals with their phone using Seamless' QR code-based mobile wallet, SEQR, from within the McDonald's app.

PayPal has added 15 partners to its Startup Blueprint program, expanding the network's reach to 5,000 startups.

First Data Corp. has appointed Frank Bisignano as the Atlanta-based company's chairman, adding to his role as chief executive officer.

EBay has been adamant that its auction and payments businesses are best kept united, but if activist investor Carl Icahn succeeds in his mission to split off PayPal, eBay probably would not exit the payments business completely.

Chase Merchant Services has developed technology that could have helped its parent company, JPMorgan Chase, deal with the hefty task of reissuing 2 million cards in the wake of the massive Target data breach.

MasterCard and Visa have formed a new group to improve efforts in the U.S. to migrate to the EMV-chip cards other security methods.

Beacons, or Bluetooth Low Energy transmitters, are seeing a burst in popularity as components of mobile payment systems. The devices, which can be roughly the size and shape of a nightlight, allow retailers to detect a mobile app user's presence in the store.

Clinkle Corp., a San Francisco startup that specializes in mobile transactions, has appointed Josh Brewer as its vice president of design.

NEW YORK -- Despite all the attention to what appears to be a growing number data breaches, the majority of independent business owners are not concerned about credit card security, according to a new study from Newtek Business Services.

The Swedish e-commerce firm Klarna, which offers a service that lets customers make online purchases and pay for them later by invoice, has completed its purchase of the German payment network Sofort.

Visa Inc. is deploying a classic fraud prevention model to combat the growing sophistication of prepaid card fraud.

MOUNTAIN VIEW, Calif. -- The Target Corp. data breach, estimated to have cost credit unions at least $30 million so far, is doing much more than lightening CUs' wallets -- it's changing the way they approach fraud prevention and increasing attention on EMV.

Wirecard, based in Munich, Germany, is supporting mobile ticketing services from sunhill technologies GmbH, which allows motorists to pay for parking from a smartphone.

A new partnership between online shopping service provider Billeo and mobile billing firm Danal aims to give smartphone shoppers fewer hoops to jump through when making a purchase.

Online payments provider Payoneer has completed a $25 million Series D financing round it will use to expand through acquisitions and other efforts.

Foodler, a food ordering service, is one of the first to build on top of the "connected apps" technology recently added to the LevelUp mobile wallet.

As Isis shifts its marketing into high gear, the mobile wallet venture is positioning card issuers as vital to driving adoption of its app.