Avangate is working to meet its customers' demands for revenue-recovering tools for "freemium" business models, which offer a basic product or service for free but charge for add-ons or ongoing use.

The recent announcement from Apple, that it is now diving head long into mobile commerce, was universally embraced by many of us in the industry.

WASHINGTON — Federal regulators released a document summarizing their general findings from recent cybersecurity assessments at community-size financial institutions.

As Apple and the Merchant Customer Exchange battle it out over smartphone-based payments, Royal Bank of Canada and MasterCard are jumping past the phone to cement their roles in the fast-growing market for wearable payments.

The bank's first chief data officer, A. Charles Thomas, is training his analytical eye on cross-selling opportunities, delivering instantaneous client data to employees and hiring techniques.

Tokenization, a security method that eliminates account data from exposure, is fast becoming linked to the advancement of mobile payments. American Express' latest service is designed to push both technologies along.

BETHPAGE, N.Y. — Growing concerns here regarding the risk of debit card fraud led Bethpage FCU to be the first CU to partner with CO-OP Financial Services and its CardNav app. After a 60-day trial, members are embracing the solution.

CPI Card Group, a provider of EMV payment services in Littleton, Colo., has launched a new service to support Near Field Communication-based mobile payments.

The New York Department of Financial Services will likely institute an on-ramp for new Bitcoin businesses — and possibly any other kind of money transmitting startups — as a way for them to launch without being burdened by costly licensing requirements.

Ingo Money, which specializes in digitizing check payments, has entered an agreement to buy Salt Lake City-based Fuze Network, which handles cash loads for credit, debit and prepaid accounts.

Airlines are looking to new technology to mitigate loyalty program fraud, which has typically been difficult to control.

The payments industry has long been creating new innovations to combat fraudsters in order to create a secure environment for financial transactions.

YellowPepper hopes its existing mobile banking relationships in Latin America will give it a head start as it faces off against a number of other companies when bringing its mobile payment platform to new markets.

New York may offer transitional licenses to small virtual-currency firms and startups to let them grow before facing the full burden of new regulation, the state’s top financial watchdog said.

The Financial Services Information Sharing and Analysis Center is calling attention to the security risks and potential fixes to a common practice: consumers handing over online banking credentials to financial advice sites.

JetBlue Airways Corp. is in talks to replace American Express Co. as its credit-card partner, according to two people briefed on the matter.

Google Wallet, which faces pressure to stay relevant after the launch of Apple Pay, has added recurring bank transfers and alerts to rekindle consumer demand for mobile payments on non-Apple devices.

The PCI Security Standards Council on has released updated standards on ways to promote company-wide security awareness.

Apple Pay is still new to the scene, but it's already forced a number of other online and mobile wallets to change course. Some are rethinking their technology, while others are trying to find the best way to build on the buzz Apple created.

CAMBRIDGE, Mass. — One of the best ways for a credit union to measure a member's experience is by surveying all points of contact — from online and mobile banking to call center interactions and in-branch visits.