If independent sales organizations aren't willing to shift their business models in the coming years, they'll go extinct in a payments industry bustling with aggressive, agile startups that skip the middleman and go directly to the merchant.

Mobile point of sale processor payworks and European hospitality technology provider Orderman are designing mobile terminals for chip-and-PIN cards.

MasterCard's Mobile Money Partnership Program (MMPP) has added Oberthur Technologies' MoreMagic subsidiary, a provider of financial services, security and identity management.

The payments industry faces a significant security challenge as too many consumers become "chronic oversharers" of their personal and payment card data, says Ellen Richey, chief enterprise risk officer for Visa Inc.

An analysis by Experian ranking the top metropolitan statistical areas in four key business credit categories found that the New York metro area had the lowest bankruptcy rate in the nation.

Square has officially launched its person-to-person payment system, Square Cash, which lets debit card users send funds by typing an email.

PayPal's plans to extend its payments business inside of stores includes technology that attempts to reduce the need for customers to wait in line at the cash register.

At 800 stores, the Checkers/Rally's fast-food chain may seem overshadowed by giants like McDonald's. But to CardFree, merchants of Checkers' size are ideal customers for its mobile payments technology.

PLANO, Texas – Catalyst Corporate FCU will provide credit unions with cloud computing and other IT outsourcing solutions with Catalyst Cloud Computing (C3) platform, powered by Compushare.

As new mobile payment options storm the market, plastic cards refuse to bend, according to a new study of consumer habits.

Virtual Piggy will deploy Kount's fraud management technology to provide payments security.

Despite Bitcoin's pop culture appeal, most people perceive the virtual currency as so complicated that it must take a rocket scientist to understand. But Moneero has invented a machine that aims to change that perception.

Fair Isaac Corp. again lowered its full-year earnings and revenue guidance, citing ongoing delays in application license sales to North American banks. It expects earnings in 2013 of $2.47 to $2.51 a share and revenue of $741 million to $743 million.

LiveVox Inc., the leading provider of cloud contact center solutions for enterprise operations, announced Tuesday that John McNamara, LiveVox Chief Marketing Officer, will join veteran operations and strategy leaders on a panel at the 2013 Financial Services Credit and Collections (FSCC) Conference in Chicago.

Oberthur Technologies is joining the Fast Identity Online Alliance as a member of the FIDO board of directors.

Revel is offering PayPal’s mobile payment capabilities as an integrated service within the Revel point of sale system.

VeriFone Systems and National Payment Card Association (NPCA) have launched a payments and rewards product that supports mobile payments at gas stations.

Gun sellers, medical marijuana shops, pornography sites, bitcoin exchanges and mug-shot galleries share a common stigma — many payments companies refuse to do business with them, whether or not they run afoul of the law.

At $12 billion in deposits, FirstBank narrowly misses being ranked among the top 50 banks. But it's rubbing shoulders with the top three as it becomes first non-founding member of the clearXchange person-to-person payments network.

ST. PETERSBURG, Fla. – The winner of the second annual PSCU KnockOut Innovation Summit, GTE Financial’s “Delta Force,” has created an app that will enable consumers to easily switch their current banking relationships to a credit union.