Bitcoin entrepreneur Erik Voorhees will pay more than $50,000 to settle charges by the Securities and Exchange Commission that he failed to register a stock offering.

Payments industry veteran Dickson Chu joined Ingo Money as the company's corporate development and chief product officer.

CardFlight intends to incorporate Apple's fingerprint scanning technology into SwipeSimple, its mobile payment application for businesses.

By now it is clear that banks' younger customers are there for the taking, should a strong digital brand like Amazon, Google or PayPal ever court them for banking services.

Apple Inc. changed its policy to let software developers include virtual-currency transactions in their applications, paving the way for new forms of money like bitcoin to appear on iPhones and iPads.

Xapo says its Bitcoin debit card will start rolling out by the end of June, and it will be accepted anywhere by using the rails of a card network, interchange fees included.

Irvine, Calif.-based chip maker and electronics provider Broadcom applied for a patent for multiple Near Field Communication antennas in an NFC device around the same time Apple Inc. did in 2012.

Online cash payment provider Ukash has partnered with the Touch network in Australia.

Apple is fine-tuning its mobile purchasing capabilities, adding parental controls and voice commands to digital content purchases and extending its TouchID fingerprint authentication system to third-party developers.

Payza, a London-based payment technology firm, has simplified its process for enrolling new users.

Apple has never built an iPhone capable of making Near Field Communication payments, but we know it has been studying the technology closely for years. With its Worldwide Developers Conference taking place this week, Apple may finally be ready to reveal what it's been working on.

CrowdCurity is applying the core principle of Bitcoin—decentralization—to security by offering a crowdsourced marketplace of global security testers.

When Shell introduced its Shell MasterCard through issuer Chemical Bank in 1994, it used the simple message of "The Card That Earns Free Gasoline," which convinced more than 1 million consumers to sign up.

The number of companies that have entered into the merchant cash advance business has grown rapidly over the past year, since it can provide an additional source of income beyond payment transaction fees. An industry that seemed all but dead in 2008 has re-emerged and may be stronger than ever.

One of the biggest arguments bankers have with the Consumer Financial Protection Bureau is its collection — and publication — of consumer complaints.

Apple has never built an iPhone capable of making Near Field Communication payments, but we know it has been studying the technology closely for years. With its Worldwide Developers Conference taking place this week, Apple may soon reveal what it's been working on.

Apple executives have started talking to high-end retailers to gauge their interest in a mobile payments service, the Apple news site 9to5Mac reports.

Biometrics once seemed worlds away from mainstream use. But as this category of security technology gains momentum, has its time as a bank account authentication tool finally come?

Albert Einstein once said, "If I had an hour to solve a problem, I'd spend 55 minutes thinking about the problem and 5 minutes thinking about solutions."

Intuit Inc., a longtime frenemy of banks, may end up raising the bar for mobile financial services with its latest acquisition.