Payments

Don't get distracted by the big-name telecoms that designed the Isis mobile wallet, or you'll miss the wizard behind the curtain: American Express, which stands to see a jolt in adoption of its Serve account if Isis succeeds.

The mobile point of sale vendor ShopKeep POS has updated its tablet-based point of sale with several new features designed to streamline its use.

When Isis launched its mobile wallet nationwide this month, it also launched a new interface. Here's a look at what new users see when they sign up.

With some powerful marketing, Coin, a dynamic card provider, has captured consumer attention with its magnetic-stripe card that can digitally store accounts from multiple credit and debit cards.

Western Union has launched a transactional website in Russia, extending its Internet transaction network to 24 countries.

Payments processor Cardis USA and mobile commerce vendor Spindle are joining with vending machine manufacturer Multi-max to enable mobile payments at its machines, where most consumers still buy coffee with cash.

The moment of truth… With the Isis app running and my Serve account displayed on-screen, I held my phone in front of the contactless card reader.

MasterCard, echoing remarks made 16 hours earlier by Visa, is placing security at the heart of its emerging payments strategy.

Now that Isis has launched its mobile wallet nationwide at AT&T, Verizon Wireless and T-Mobile stores, the venture says its next priority is bringing more merchants on board.

Isis, the mobile wallet venture led by AT&T, T-Mobile and Verizon Wireless, is launching nationally after extended public tests.

NCR Corp. has updated its NCR Silver point of sale system for iPad, adding features that allow a small business to grow including support for multiple locations.

Smaller banks are turning to mobile payments in droves, though the services still mostly resemble Web banking on a mobile device — support for full-featured mobile wallets is still in its infancy.

Quatrro, a business processing company based in India, is launching payment processing services for credit unions, community banks and other payment companies in the U.S.

Square has eliminated holds and deposit limits for manually entered transactions in the U.S., and is marketing these changes to frustrated PayPal users.

If checks, a payment method that’s hundreds of years old, can be updated for the Internet age, why can’t America’s four-decade-old electronic payments system? It’s not for lack of trying.

Swedish mobile payment company Seamless has introduced its SEQR mobile wallet in Belgium in collaboration with bpost bank, with an initial deployment at Belgian McDonald’s locations.

Even if it takes the payments industry months to respond to Google's use of Host Card Emulation, which simulates the signal from a Near Field Communication chip, the technology is a potential game changer.

Google Inc. sent a few tremors through the payments industry when announcing its newest Android operating system can perform contactless payments without high-level access to NFC hardware. No one could blame SimplyTapp CEO Doug Yeager if he were cheering Google on from the sidelines.

Former First Data CFO Cheryl King will assume the same position at PaySpan, a health care payment automation company.

Blue Cross & Blue Shield of Rhode Island (BCBSRI) has purchased technology from ACI Worldwide to support integrated mobile, Web, interactive voice response, call center and electronic lockbox payment options.