Merchants that use Square will be able to use it with Intuit's QuickBooks accounting software, as Intuit adds support for the mobile card reader in the newest version of its program, according to multiple reports.

MasterCard is working on new mobile payments functions that give shoppers the choice between Near Field Communication chips and QR codes — two mobile payments methods that have competed in the market and are typically treated as mutually exclusive.

PayPal has launched PayPal Working Capital, a credit offering that merchants can apply for based on their PayPal transaction history instead of their credit history.

American Express plans to sell a 50% stake in its business-travel division in a bid to expand the operation.

Former VeriFone CEO Douglas Bergeron has partnered with private equity shop GTCR to form Opus Global Holdings, a company that will pursue acquisitions in the financial technology and payments sector.

Italian mobile point of sale company Jusp has launched a mobile chip-and-PIN card reader as a plug-in device, veering from the more common approach of using a separate Bluetooth device.

Three banks in France have launched Paylib, a PayPal-like online payment system — and they're betting that France is just different enough that they can succeed on their home turf with a strategy that has had mixed results in the U.S.

INDIANAPOLIS – Centra CU said it is now offering Fiserv’s SpotPay, a mobile payments solution for small businesses that enables merchants to accept card payments anywhere, anytime.

PayPal’s reported plans to acquire Braintree would give it more than just a payment processor that moves $10 billion a year. If this marriage takes place, it would signal a shift in how payments companies think about technology.

As Isis forges ahead with its nationwide launch — despite losing the active participation of two of its four issuer partners — it's becoming clearer that mobile may not displace credit cards as easily as it can displace prepaid and cash.

PayPal has launched PayPal Working Capital, a credit offering that merchants can apply for based on their PayPal transaction history instead of their credit history.

If mobile wallets represent the future of payments, a lot of Americans would prefer to keep living in the past.

Facebook is rolling out its “Autofill with Facebook” function with PayPal, Braintree and Stripe, eliminating the need for consumers to type their billing information on smartphone screens.

The U.S. payments system must continue its push to overcome the challenges inherent in creating a near real-time retail payment option, says Sandra Pianalto, president and CEO of the Federal Reserve Bank of Cleveland.

The European bank UniCredit has picked First Data to develop its mobile-payments offerings for Europe.

Simplee, which provides a cloud-based patient payments system, received a $10 million investment led by Heritage Group, which represents the top hospital systems in the U.S.

Nacha, the electronic payments association, is advocating security as a reason to adopt faster processing — a move that would require a change in the association's rules that has thus far proven elusive.

U.S. banks and merchants face many obstacles in preparing for EMV chip-based cards at the point of sale — and the Web is no less reluctant to change.

LAS VEGAS – As the credit union mortgage business transitions from a refi market to a purchase market, CUs are having to make “hard decisions” about their sales staff.

LOS ANGELES – The new digital payments network being formed by credit unions is poised to choose a mobile platform and is seeking credit unions to invest in the project.