Transpay is launching a mass payout feature which allows users of its cross-border payments platform to send funds to a recipient's bank account within minutes.

For two and a half years, Celine Lazorthes and her team at Leetchi, a group-payment provider for gifts and events, struggled with the regulatory requirements needed to become an e-money issuer in Europe.

Samsung is widely reported to be adding mobile-payment technology from LoopPay to its next Galaxy smartphone. Such an approach would be vastly different from that of Apple, PayPal or MCX's CurrentC — and it would address a key issue with LoopPay's own business model.

RANCHO CUCAMONGA, Calif. — CO-OP Financial Services announced that it will re-launch its mobile banking application called "CO-OP Mobile."

U.S. gas stations can wait until October 2017 to begin accepting EMV-chip cards or face the consequence of an increase in fraud liability, but there's already concern that the work at gas pumps could stall.

In the year since Barak Eilam took over as chief executive officer of Nice Systems Ltd., the company topped $1 billion in revenue and the stock hit an all-time high. Analysts say more records are in store.

Hong Kong people who invested with a venture describing itself as a bitcoin platform are concerned their money may be gone, according to Leung Yiu Chung, a lawmaker who has taken up their case.

National Recovery Solutions, a Lockport, N.Y.-based accounts receivable company, has increased online payments by 25% and reduced delinquencies by 40% in less than a year by adding a Virtual Negotiator to its debt collection team.

The flood of mobile-centric point of sale (POS) offering provides many options for retailers, but there's still a long road ahead to adoption on the consumer side.

Implementation has been slow going for the Banking Industry Architecture Network. But PNC says the framework is already helping the bank achieve some important IT goals, and could help the industry adapt to the cloud computing era.

Amazon.com is a savvy and influential company in the e-commerce world, but its efforts in payments have been less consistent. It has significantly changed the way people redeem rewards and shop on third-party sites, but it has proven less successful in person-to-person payments and the mobile point of sale.

The head of the Federal Communications Commission is pushing hard against charging fees for faster Internet access, a stance that's a relief to businesses like Dwolla that use the Internet to develop and deliver payment services.

CardFlight has updated its SwipeSimple mobile point of sale device, which allows merchants to take payments and manage their business from smartphones and tablets.

RANCHO CUCAMONGA, Calif. — Last year CO-OP Financial Services revisited its mobile app offering and determined that to remain competitive, updates would be required.

Offering a mobile banking app is the price of admission in today's financial services marketplace. But simply providing members with an app doesn't necessarily equate to high adoption/user rates.

New technology has made amazing advances in business processes, but there's one common pain point that so many companies we talk to still share: printing and mailing paper checks.

Discover, the only major U.S. card brand not connected to Apple Pay, is thus one of the few major credit card issuers not shoehorning Apple into its ads. But Discover has never been one to ignore a marketing opportunity.

Mobile wallets are typically designed to be most useful at the point of sale. Israeli location-based technology vendor WiseSec sees an opportunity to extend a mobile app's utility throughout the store by using beacons that can sense how far away a shopper is.

A federal judge has upheld a Texas law that bars the state's retailers from charging an additional fee to customers who pay with a credit card.

New disclosure rules from the Consumer Financial Protection Bureau don't go into effect until this summer, but lenders are already worried about compliance and fearing it may make the closing process far more difficult.