Visa Inc. is planning to hire 2,000 employees to strengthen its technology strategy.

Fifty-two percent of millennial respondents in a Zogby Analytics survey sponsored by Mitek Systems, a mobile imaging tech provider, perceive native apps as a safer solution than mobile websites for purchasing and banking.

LAS VEGAS — While nine hopefuls entered, five credit unions with innovative, forward-looking technology solutions were recognized with awards here during the 2014 CUNA Technology Council and Operations, Sales and Service Council Conference earlier this week.

Revel Systems' deal with the New Orleans-based Smoothie King franchise will be the largest deployment to date of its iPad point of sale software.

News of a data breach at Home Depot stores throughout the U.S. and Canada is compounding fears on the part of card holders that “big box” and other retailers can do little to protect them from credit and debit card fraud.

Klarna will target a range of merchants in the U.S., but will focus on e-commerce merchants that ship tangible goods. Its buy-now-pay-later model would, in most cases, result in the consumer paying for the item after receiving it in the mail.

Some banks are using mobile technology to answer a big challenge from regulators: how to offer consumers outside the mainstream more products and services.

PayPal's making moves to respond to the maturation of virtual currencies, entering into agreements with Bitcoin payment processors BitPay, Coinbase and GoGoin.

MyECheck has established the required relationships to proceed with the launch of its mobile payment apps early next year, a delay from its originally planned mid-2014 launch date.

PayItSimple, a credit card installment provider based in Herzliya, Israel, has announced its launch in the United States.

The payments industry has changed dramatically over the past year, and so has the mindset of those in the industry. The focus is shifting from mobile payments and Bitcoin to fraud mitigation and security.

Just a few days after debuting on Wall Street with one of the biggest initial public offerings to hit the U.S. market, Chinese e-commerce giant Alibaba Group Holdings has joined the Fast IDentity Online board.

Business-to-business payments provider Traxpay Inc. will expand its reach by routing B2B transactions across MasterCard Inc. rails.

Merchants using Revel Systems' iPad point-of-sale software will now have the option to incorporate Web ordering into the system, and will also be able to accept Apple Pay when Apple's mobile wallet launches next month.

In theory, lenders are generally receptive to regulators' calls for broader consumer access to credit, but they're also concerned about the increased risk it might entail.

CO-OP Financial Services is developing a mobile app that will give consumers the ability to activate and deactivate card capabilities on the fly.

SpendSmart Networks has purchased the e-commerce solutions division of TechXpress and plans to integrate the company's online and mobile services with its existing loyalty program offerings.

Apple Pay isn't yet on phones, but many companies in the financial services industry have already changed their strategies to respond to it. Some are on board with Apple's new mobile wallet, but others are firmly against it.

The Swedish mobile payments company Seamless has agreed to acquire Ingram Mobile Mobility's prepaid mobile operations in Sweden and Denmark.

The government-sponsored mortgage giants, facing pressure to end their reliance on old credit-scoring models from Fair Isaac Corp., are working with their regulator to study newer alternatives.