Payments

California’s legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.

ZooZ, a provider of mobile payments technology is launching a checkout system based on HTML5, the latest version of the HTML markup language used in desktop and mobile websites.

MasterCard processing subsidiary DataCash will integrate with TV App Agency’s TV App Engine to enable electronics makers and app developers to accept payments through specially equipped televisions.

Prepaid cards is a rapidly growing market, but one analyst fears most credit unions are letting the opportunity slip by.

A new report confirms that credit unions are clearly winners as a result of the Durbin rules, and the study's author predicts if debit interchange is cut even further CUs below $10 billion in assets will win even more.

Since its founding six years ago, Braintree has grown its annual processing volume to $10 billion a year — including more than $2 billion from mobile transactions — which could make the Chicago-based payments processor an attractive addition to a number of companies.

Consumers in Spain will be able to make mobile payments using Vodafone SmartPass, a Near Field Communication-enabled mobile wallet, in partnership with Visa.

The Hailo taxi e-hail app has integrated VeriFone's application programming interface to enable passengers to electronically hail and pay for taxi trips with their smartphones, a combined service that’s expected to be available the week of Sept. 9.

PayPal launched a revamped mobile app on Sept. 5 that includes some new features, as well as a new look and feel for existing functions. How does the new app stack up against its predecessor?

ROCKLAND, Mass. – Rockland FCU is blocking and reissuing debt cards after it was notified by MasterCard the accounts may have been breached by a local merchant.

Giesecke & Devrient says it has given Near Field Communication payments a significant boost by developing a SIM card on which several NFC applications can operate simultaneously.

Equipment leasing company TimePayment is adding a new Web calculator to improve vendors’ ability to manage payments for business equipment, as well as extend sales by optimizing renters’ budgets.

Cynergy Data has chosen Roam’s white-label product to power its Vwalaa mobile payment brand.

Card marketing and production company Arroweye believes issuers are sitting on a ton of user data that can be used to quickly distribute personalized cards that carry pinpoint marketing messages.

Seven card-issuing banks can sue Heartland Payment Systems Inc. for negligence stemming from the processor’s 2008 data breach, the 5th U.S. Circuit Court of Appeals ruled this week.

Telefónica Czech Republic, operating under its 02 brand, will pilot a mobile payment program to allow merchants to accept payments on their smartphones or tablets from consumers using Near Field Communication-enabled stickers or smartphones.

VeriFone's recovery from its earnings slump will rely heavily on merchants investing in new technology to respond to the impact of mobile on payments.

Monitise is offering its payments and mobile banking products to more than 2,600 credit unions through a partnership with Card Services for Credit Unions, a credit union card processing and payment services association.

Braintree is viewing consumer purchasing behavior at multiple merchants to improve fraud mitigation.

The launch of PayPal's revamped mobile app is a coming out party for the eBay unit to prove it's laid the foundation to be a serious offline payments player by employing strategies that differ greatly from how it achieved success as an e-commerce payments scheme.