The terminal maker Ingenico, payment processor FreedomPay and technology distributor ScanSource are teaming up to provide a point-to-point encryption system to North America with support for EMV-chip card payments.

Square Inc. has received an investment from Victory Park Capital that it says will allow the company to significantly expand its Square Capital business financing program.

Payment software provider Oxigen Services India Pvt. Ltd. plans to update its mobile wallet with a virtual Visa card for online payments, a move that furthers both its financial inclusion efforts and its bank partnerships.

Square and Twitter founder Jack Dorsey has been in Ferguson, Mo., as part of the protests that followed the police shooting of Michael Brown, an unarmed African American teenager, earlier this month.

The paper check has received another death knell, as it is being eliminated as a redemption option in JPMorgan Chase's Ultimate Rewards Program as the issuer encourages more consumers to request statement credits instead.

Card-not-present merchants are battling increasingly frequent friendly fraud. That type of fraud–the “I don’t recognize” or “I didn’t do it” dispute–occurs when a cardholder makes a purchase, receives the goods or services and initiates a chargeback on the order claiming he or she did not authorize the transaction.

As consumers make more payments through mobile devices, the vendors who design mobile wallet apps are addressing any growing pains through in-app customer support.

Fiserv has hired Jamie Topolski, an executive with experience in bank payments technology, to oversee emerging payments and EMV-chip card implementation at the Brookfield, Wis.-based financial services technology company.

Square, which has been scrambling to add fee-based services to pad the revenue it gets from mobile payments, faces a formidable new challenge in Amazon.com's launch of a rival mobile card reader.

Navicure introduced a new patient payment platform that allows health care organizations to facilitate bill collections.

Jesse Powell knew Mt. Gox was not long for this world more than two years before the once-dominant bitcoin exchange went bankrupt in February. Powell founded a competitor, Kraken, which is now in talks to offer services in Japan

The resurgence of subprime auto lending has stoked fears about poor underwriting and drawn parallels to the subprime mortgage debacle , but a group of economists at the Federal Reserve Bank of New York say there is no reason to panic.

The pieces for a robust digital payments market in India are in place, and are waiting for a merchant-friendly catalyst, says Srinivas Nidugondi, head of mobile financial solutions at Mahindra Comviva, which is partnering with First Data to offer a mobile point of sale product in India.

Tanjarine is looking to improve card security in restaurant payments as it deploys a tablet-based system that is also meant to improve the customer experience.

Ever since Google announced the availability of Host Card Emulation (HCE) in the last version of Android, the discussion in the world of mobile payments has taken a very interesting turn.

Braintree a payment technology business owned by eBay, is reportedly looking at accepting the popular and controversial digital currency, Bitcoin, as a form of payment.

Square is under pressure to adapt to the onslaught of competition from the likes of Amazon, PayPal, Groupon and Fiserv, all of which have applied their own spin to the mobile card reader concept. Square has recently made a number of moves to improve its offerings and its image.

First Data is bringing a new electronic payment offering to Brazil in collaboration with Bancoob, the banking arm of the credit union cooperative system Sicoob.

Using the format of a Top 10 list, Square Inc. attempted to set the record straight on various perceptions of its business that it insists "are totally bogus."

People are still using pedestrian passwords that are easy to break, security company Trustwave has found.