The latest innovations that enable and secure mobile payments are adding so much complexity to the deployment process that they may exceed the expertise of the companies putting them in place.

PayByPhone is bringing mobile payments to parking meters in cities around the world, and the vendor argues that its platform will attract consumers that don't want a different app for every city they travel to.

A big problem holding back mobile payments is a "chicken-and-egg" issue that Apple Pay's U.S. rollout and pending debut in Europe can reverse.

Kim Hammonds is modernizing Deutsche Bank's technology with a set of dramatic choices to outsource some functions, bring others in-house and work extensively with tech startups.

Last month Western Union sharply cut its prices to keep pace with the retail giant, several months after MoneyGram took a similar step. The developments offer a reminder of Walmart’s consumer finance ambitions.

MasterCard has launched the MasterCard Business Network 2.0, the latest version of its professional site for small businesses.

Wallaby Financial, a company that makes an app to help consumers determine which cards provide the best rewards for each purchase, has agreed to market the Wocket Smart Wallet device to its customers.

American Express has created a new cobrand credit card for consumers who shop through its Plenti loyalty program.

Financial services technology has dramatically improved payments for consumers. E-commerce connects buyers and sellers around the globe.

Visa Europe would like to be where Apple Inc. is — at least in terms of its technology and product development.

Discover Financial Services has promoted Julie Loeger to its chief marketing position for U.S. cards.

Visa has tapped Google research scientist Min Wang to run Visa Research Labs, an organization designed to expand Visa's development capabilities worldwide.

The Merchant Customer Exchange, backed by Walmart, Target and other mega-retailers, now operates in a market where Apple changed the ground rules. Though the initiative has yet to formally launch its CurrentC mobile wallet, MCX has already been forced to adapt many times.

The Costco cobrand card was a huge win for Visa, but nevertheless the card network's chief executive, Charlie Scharf, found himself defending the terms of the partnership.

Offering consumers more extensive ways to shop and pay whenever, wherever and however has become a competitive advantage for retailers.

Now that the Apple Watch has arrived, credit unions, banks and technology vendors are making a big effort on the wearable's small screen. Some are focused on alerts and budgeting; others take advantage of the device's unique hardware.

Corporate payment cards usually have sophisticated restrictions or controls designed to make unauthorized use difficult, if not impossible.

Offering consumers more extensive ways to shop and pay whenever, wherever and however has become a competitive advantage for retailers. So what can the accounts receivable management (ARM) Industry learn from the retailers clamoring to provide their customers with a perfect "omnichannel" experience?

Visa Inc., the world’s biggest payments network, posted a fiscal second-quarter profit that beat analysts’ estimates as consumer-card spending rose.

Citigroup and other banks are increasingly looking to startups to help them compete in a world in which Google, Apple and other tech firms are rapidly becoming potential threats.