Novantas, a New York-based bank advisory firm, has hired the former head of analytics for Bank of America.

Mobile money transfer platform nTrust has expanded its merchant partner network, adding fashion retailers, antique stores, food trucks and bars.

The Asia-Pacific region has historically been the last target for U.S. corporate expansion. But fast advances in m-commerce are proving irresistible for outside payment companies.

The adoption of new anti-fraud card technology is prompting more community banks to consider supporting Apple Pay.

In the last two months, the CEO of a major national restaurant payments service has seen surprising uptake of Apple Pay among the company's restaurant clients.

Consumers could decide for themselves whether to use an EMV-chip card with a signature or PIN if the card is coded to accept such a change. But the technology to support PIN reset will be spotty at first.

Seamless' strategy for its mobile wallet, SEQR, is simple and obvious: You can't scale internationally if you don't launch a product internationally.

Groupon may not have its own mobile wallet, but it has a strong foundation to build on: The 110 million downloads of its daily-discount app, plus the merchants using its Breadcrumb mobile point of sale system.

Jacob Dienelt, a former financial adviser at Morgan Stanley, has joined Factom, a cryptocurrency tech startup, as its head treasurer.

Malicious software that blows past antivirus software undetected, combined with sophisticated social engineering (i.e. tricking employees of bank customers into divulging information), have enabled criminals to steal $500,000 to $1 million at a time, security experts say.

Boss Tech Support, a remote tech support provider, has adopted California's MyECheck services for its own electronic check deposit needs, in conjunction with SunTrust Bank.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

Recent cyber-attacks on the protocol that has long secured Web connections and, more recently, payment applications are pushing the Payment Card Industry Security Standards Council to issue an update with strong implications for e-commerce sellers.

The payments environment is undergoing unprecedented change, yet many banks and payment companies are saddled with aging infrastructure which makes it costly to support new products and features. Additionally, fragmented governance and siloed business units running disparate payments operations can stifle innovation.

Rent payments are among the few lingering paper-based transactions, though a subset of the payments industry is shaking the trees to find ways to change that.

Europe is home to many innovative and disruptive banks, telcos and technology firms. Some of these are deploying mobile wallets that have the potential to span the entire continent.

Encryption still vastly outpaces tokenization as a means of defending data in the cloud, according to a new report from a cloud data cybersecurity firm, CipherCloud.

FICO and two data partners are testing a credit score based on alternative data that could help banks take smarter risks on borrowers with limited credit histories, but bankers' cost concerns and adherence to traditional methods present big hurdles.

Despite reports of an uptick in fraud related to Apple Pay, credit unions are still rushing to add the service, chalking up the latest string of financial fraud tied to Apple Pay as the price for early adoption.

Union Bank of Switzerland (UBS) has joined the ranks of cryptocurrency enthusiasts.