Payments

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

A new loyalty feature in NCR Corp.'s Silver point of sale system for iPads aims to help small businesses develop and manage customer rewards programs.

Mobile payments startup CardFree and processor Mercury Payment Systems have entered a partnership to provide their clients with a broader range of services.

SEATAC, Wash. -- Though the Target Corp. breach has received a landslide of media attention, another data theft has hit Northwest CUs hard.

New Media Insight Group and Loop are promoting different types of mobile payment technology designed to avoid interoperability issues with current payment terminals.

Powa Technologies has launched a system that enables shoppers to respond to in-store advertisements by using their smartphones to buy the advertised product.

When Apple makes its long-awaited plunge into mobile payments, it is more likely to create a closed system for Apple customers than a truly open mobile wallet for all consumers, a new study from Celent says.

As consumer preferences shift, billers must have the resources to deal with the growing demand to pay bills on a mobile device, according to a recent study by the technology vendor Fiserv.

The Nigerian mobile payments company Teasy Mobile is expanding its range of services through a partnership with VeriFone Mobile, a joint venture of payment terminal maker VeriFone and mobile money provider Mobilis Networks.

Mobile payment and marketing company Mozido has acquired StickyStreet, which creates and manages customer loyalty programs, for an undisclosed price.

Payments innovation comes quickly, and often from outside the banking industry, leading Associated Bank to create a special procedure to monitor the tech market and customer preferences.

Leaf, a provider of tablets for payments, has hired several executives including a director at Heartland Payment Systems, which recently invested in the startup.

NORTH CHESTERFIELD, Va. -- Virginia Credit Union is issuing EMV plastic to its 60,000 cardholders.

VerifyValid is offering businesses and consumers a mobile application that enables users to write, approve, sign, receive and deposit checks from an iOS device.

Payments played a major role in the 2014 Mobile World Congress in Barcelona. Here are some of the biggest announcements that came out during the conference, and a few from just before or afterwards that were no less important to the mobile payments community.

Square has reportedly delayed an initial public offering, which gives the company a chance to build more services that position it for sustainable growth in the future, according to payments consultant Richard Crone.

Isis expects a lot of banks will leverage host card emulation (HCE) to build their own mobile wallets, though the telecom-led mobile payments scheme also hopes the technology will add breadth to its own service.

Cellum, a mobile commerce provider, has integrated MasterCard's MasterPass digital wallet with its own mobile wallet offering, OTPay, making it the first third-party in Europe to integrate MasterPass.

Target's profit fell nearly 50 percent in its fourth fiscal quarter and declined by more than a third for all of 2013, the retailer reports, damage likely the result of the credit card data breach that compromised information on as many as 110 million customers.

What good could possibly come from breaches at major retailers that exposed millions of Americans to potential card fraud? The silver lining for U.S. financial institutions is that the breaches at Target, Neiman Marcus and Michaels have woken up their customer base to cybersecurity threats.