Google is buying some technology and intellectual property from the rival Android-based mobile wallet Softcard, giving Google a chance to finally put to bed several business problems that have plagued the company since it launched its mobile wallet in 2011.

FARMINGTON HILLS, Mich. — Member Driven Technologies has completed its first two conversions of 2015, as one CU in Michigan and another in Montana converted their core processing to Symitar Episys via the CUSO's solution.

Home meal-prep delivery company PeachDish is working with Bitcoin processor BitPay to enable payments in the virtual currency.

Responding to reports last week that its encryption keys had been stolen by U.S. and British spies five years ago, Gemalto contends its products are secure and announced it would reveal results of its investigation into the claims at a press conference Feb. 25 in Paris.

Responding to reports last week that its encryption keys had been stolen by U.S. and British spies five years ago, Gemalto contends its products are secure and announced it would reveal results of its investigation into the claims at a press conference Feb. 25 in Paris.

MasterCard is aggressively pursuing emerging markets, and in early February opened a technology hub in Pune, India to compete with the entrenched domestic payment networks.

A technology-savvy German bank's plan to open a branchless banking platform in the U.S. could eventually pave the way for more mainstream use of cryptocurrency platforms, such as Ripple and Bitcoin.

With Apple Pay gaining momentum, Google Inc. reportedly is planning to relaunch a new version of its wallet in late May at the Google I/O, according to The Wall Street Journal.

Gemalto, which manufactures SIM cards and EMV chips, is investigating a report that U.S. and U.K. spy agencies hacked into the company's network and stole mobile phone encryption keys, a technology also used to secure card data.

Prepaid card and ATM management company Meta Payments has reached a partnership with Ubiquity Global Services to manage customer service and other customer management.

Apple Pay's contactless payment model may be straightforward and simple, but it's not the only way to move funds without cards and cash. Many companies are coming up with alternatives that work from phones, smartwatches and other devices.

The apparent hack of Gemalto by U.S. and U.K. spies casts doubt over several security measures vital to the payments industry as it embraces chip cards and adopts digital payments.

Gemalto NV, the largest maker of mobile- phone cards and a manufacturer of EMV card chips, said it’s investigating a report that U.S. and U.K. spies allegedly hacked into its computer network to steal the keys used to encrypt conversations, messages and data traffic.

The financial services industry may be focused exclusively on securing payment card credentials, but other sensitive data can benefit from these efforts.

Cloud-based mobile payment provider P97 Networks Inc. will partner with Fiscal Systems Inc. to enable gas pumps and station convenience stores to provide customers smart-phone based payment options.

Getin Bank has introduced a new cloud-based mobile wallet in Poland that relies on using host card emulation (HCE), an emerging form of technology that's designed to reduce reliance on mobile operators.

At least two financial services groups say none of their U.S. bank members have reported the existence of Carbanak malware in their networks, suggesting the threat may not be significant.

Starbucks has integrated its app with technology from corporate spending management company Concur, demonstrating the vast new uses of the coffee chain's mobile commerce offering.

Visa is putting a more global push behind Visa Checkout than it has in any previous attempt to create a universal digital wallet for e-commerce.

Plenty of card issuing institutions have not fully implemented the EMV technology and will not be ready by the card network-imposed October liability shift.