Don't get distracted by the big-name telecoms that designed the Isis mobile wallet, or you'll miss the wizard behind the curtain: American Express, which stands to see a jolt in adoption of its Serve account if Isis succeeds.

The mobile point of sale vendor ShopKeep POS has updated its tablet-based point of sale with several new features designed to streamline its use.

When Isis launched its mobile wallet nationwide this month, it also launched a new interface. Here's a look at what new users see when they sign up.

With some powerful marketing, Coin, a dynamic card provider, has captured consumer attention with its magnetic-stripe card that can digitally store accounts from multiple credit and debit cards.

The central bank is making clear it has doubts about the private sector's ability to implement a faster electronic payments system on its own.

The Dish Daily, an online publication focused on technology and entrepreneurship, has partnered with BitWall to launch its Twitter "paywall," allowing readers to view articles after they tweet a link to their followers.

Western Union has launched a transactional website in Russia, extending its Internet transaction network to 24 countries.

Just as legal online gambling gets started in the U.S., banks and payment processors are refusing to play.

Payments processor Cardis USA and mobile commerce vendor Spindle are joining with vending machine manufacturer Multi-max to enable mobile payments at its machines, where most consumers still buy coffee with cash.

The moment of truth… With the Isis app running and my Serve account displayed on-screen, I held my phone in front of the contactless card reader.

MasterCard, echoing remarks made 16 hours earlier by Visa, is placing security at the heart of its emerging payments strategy.

A three-judge panel on Wednesday vacated a decision to dismiss Fair Debt Collection Practices Act claims against a mortgage company and three servicing and debt collection agencies.

Now that Isis has launched its mobile wallet nationwide at AT&T, Verizon Wireless and T-Mobile stores, the venture says its next priority is bringing more merchants on board.

Gyft, a mobile gift card provider, has launched a loyalty system that gives different levels of rewards based on the funding method, favoring alternatives over credit cards.

Isis, the mobile wallet venture led by AT&T, T-Mobile and Verizon Wireless, is launching nationally after extended public tests.

Smaller banks are turning to mobile payments in droves, though the services still mostly resemble Web banking on a mobile device — support for full-featured mobile wallets is still in its infancy.

Quatrro, a business processing company based in India, is launching payment processing services for credit unions, community banks and other payment companies in the U.S.

Square has eliminated holds and deposit limits for manually entered transactions in the U.S., and is marketing these changes to frustrated PayPal users.

If checks, a payment method that’s hundreds of years old, can be updated for the Internet age, why can’t America’s four-decade-old electronic payments system? It’s not for lack of trying.

Banks may soon bear more responsibility for raising red flags about the conduct of businesses that use the automated clearing house payments network.