Payments

Dubbed the "Athens of America" because it's rife with colleges and universities in the area, Boston is becoming a hub for tech startups as recent grads — and even dropouts — bring fresh perspective to the payments industry.

C-Sam Inc., Dai Nippon Printing Co. Ltd. and HyperSoft Co. Ltd. have jointly developed "Salon de Wallet," a mobile wallet for beauty salons in Japan.

Corethree Ltd. has developed a mobile wallet that allows drivers of electric vehicles in the U.K. to locate charging stations and pay through their smartphones.

Cloud payment processor i2c Inc. and Heartland Payment Systems have teamed to provide prepaid card processing services. Their first collaboration is to add features to the National Restaurant Association’s Edge prepaid card program.

Virtual Piggy has linked its youth payments engine to Innovation First International, which makes robotic toys and educational tools.

Payments and marketing are getting closer than ever, and several companies are blurring the line between where the payment ends and where the pitch begins.

W. Alexander Hoffman is the new senior vice president of global product management and emerging channels at MoneyGram International.

Bitcoin exchange Coinbase will offer instant purchases for users that supply identity information, with others having to wait four days for transactions to complete.

A report breaking down credit card debt by state lists Mississippi as having the nation's highest card delinquency rate in the first quarter ended March 31.

Google requires the early adopters who buy its Google Glass headset to purchase it using Google Wallet. What are the implications for Google's payments strategy?

Developers should consider incorporating rewards and other tools such as receipt tracking in new mobile payment applications to promote broad adoption.

With the summer driving season in full swing, Shell Oil Products U.S. is attempting to boost the appeal of its branded payment cards.

GoCardless is using a link to Sage's accounting software to improve the experience of automating business-to-business payments in a market that typically lags the consumer payments market.

Fidor Bank AG, of Munich, has agreed to help Bitcoin Deutschland GmbH, an exchange operator, to speed trading of bitcoins and comply with regulatory requirements.

The Merchant Customer Exchange (MCX), a mobile payments initiative created by major retailers, will use technology from FIS to speed processing and provide access to accounts at a large range of financial institutions.

The payment processor Global Payments Inc. will offer its U.S. merchant customers an iPad point of sale system from ShopKeep POS.

The next big idea for payments is ready to spring to life, and MasterCard wants to be there when it happens.

As EMV-chip card use spreads at the point of sale in the U.S., online merchants will have to change the way they handle payments online.

Mobile transaction technology provider C-Sam has hired former Citigroup executive Kurt Weiss as managing director of global financial institutions and mPayy founder Conrad Sheehan to be general manager of strategic initiatives.

Merchant payment and marketing company Punchey has hired Michael Sattler to be vice president of engineering and Rick Graham as director of demand generation.