Sterling Bancorp in Montebello, N.Y., has signed a long-term merchant servicing agreement with e-commerce and payment processing firm First Data Corp.

The payments industry still has much to do before anyone can claim mobile payments are secure. Many merchants, consumers, and processors are mistakenly comfortable with notion that encryption equals full security.

Sen. Joe Manchin (D-W.Va.) wants federal regulators to ban Bitcoin.

The Dutch startup Eaze introduced a "Nod to Pay" app for Google Glass that uses the headset's camera and ability to sense motion to enable Bitcoin payments.

Now that the Internet Corporation for Names and Numbers (ICANN) has approved the use of the Internet domain ".creditunion," CUNA says it has set up a mechanism for CUs to register their interest.

Revel Systems and Index are partnering to bring the kind of personalized consumer messaging that's common in e-commerce to the countertops of retail stores.

IKaaz is launching a Near Field Communication mobile payments platform in Nigeria to take advantage of the proliferation of mobile devices locally and in other nations in Africa.

The e-commerce technology provider Live Gamer Inc. is incorporating MasterCard's MasterPass digital wallet into its checkout services.

Square has purchased BookFresh, a company that sells booking and appointment management technology to merchants.

Square is developing an app that allows people to place orders in advance of visits to Square merchants.

Visa Inc. and First Data's Star Network will share Visa's technology for routing debit transactions initiated through EMV chip-based cards.

After every major Samsung product unveiling this week, PayPal was quick to say: we have an app for that.

CEO Sebastian Siemiatkowski wants his company, Klarna AB, to be the Apple of European payments. That is to say, he is trying to earn a reputation for being "better than the rest in every small detail… of technology and innovation."

For years, the U.S. has been divided on whether EMV-chip cards should be deployed as chip-and-PIN cards or the simpler chip-and-signature. After the Target data breach drew attention to the threat of data theft, the PIN debate seems to have lost its edge but it hasn't gone away.

JPMorgan Chase & Co. will issue chip-and-PIN credit cards this year, a deviation from the company's earlier plans to issue only chip-and-signature cards.

JPMorgan Chase plans to develop a one-click checkout option for its customers when shopping online or through mobile devices.

Even though there are more mobile devices than people, many retailers continue to scratch their heads as to why there’s so much less enthusiasm behind mobile payments than overall mobile adoption.

PayPal has entered into an agreement that will allow Deutsche Telekom subscribers to make purchases and have them billed to their mobile phone account.

Swedish bank Handelsbanken plans to resell a VeriFone-built chip-and-PIN mobile card reader to enable the country's micro merchants to accept card payments through smartphones and tablets.

Account holders at MtGox, the massive Bitcoin exchange that abruptly shut down this may not be left completely empty-handed. If the Tokyo company files for bankruptcy, its customers could retrieve some of the funds it is holding hostage.