Canadian Imperial Bank of Commerce agreed to sell about half its Aerogold Visa credit-card portfolio to Toronto-Dominion Bank, which is preparing to start its own Aeroplan rewards card in January.

Kiind, a business-to-business rewards startup, is the latest to offer a gift card platform in which senders don't pay for the gift until the recipient uses it.

When Shae Whitney was selling bitters at farmer's markets for a year and a half, she used Square's mobile card reader to accept payments. But when she opened a retail location with her partner in June, she switched to Groupon's iPad-based point of sale system, Breadcrumb.

Infobip is planning to grow its mobile payments and consulting business in the U.S., betting the robust consumer adoption of mobile technology will create a substantial opportunity for carrier billing.

BOULDER, Colo. – After having to close its 10-branch network Thursday and Friday due to heavy rain and flooding here, $1.3-billion Elevations Credit Union planned to reopen on Saturday.

There has been an avalanche of new mobile technology in just the past few weeks. The iPhone 5s, Samsung Galaxy Gear and Google Moto X bring with them a wide range of new systems for payments — and companies like PayPal and Fiserv are making noise with new products of their own.

The developers who have an early look at Apple's new iOS7 operating system have found it supports the use of Bluetooth Low Energy (BLE), a wireless technology that some consider a longer-range alternative to Near Field Communication (NFC).

As banks desperately try to lower their risk at the point of sale, a San Jose startup is working to create a device ID and authentication scheme that it hopes will eventually reduce fraud.

PayPal, following a highly publicized clash with a crowdfunded company, is putting crowdfunding under a microscope to avoid compliance and security risk.

QUEENS, N.Y. – Melrose CU has deployed CO-OP Financial Services’ Next Gen ATMs, which support both traditional ATM transactions and shared branching.

Payment processor Cynergy is getting into the mobile point of sale game, hoping its existing mix of merchant services and mobile technology will capture attention in a crowded market.

MCX, a retailer-driven mobile commerce initiative, is being steadily built upon retailers' desire to control their own customer data and possibly lessen the sting of, or bypass totally, card payment interchange fees. But it must still deliver two key things: a brand and a product.

MagicBand, a system that Walt Disney Co. has been testing all year with a limited number of employees and Walt Disney World resort patrons, seems to be poised for success based on what looks like an extreme level of commitment to it — so far.

Atlanta, Ga.-based Cardlytics Inc. plans to support location-based card-linked marketing with push notifications in the first quarter of 2014.

If you stop by bar Room77 in Berlin's Kreuzberg neighborhood for a beer, you can leave the euros in your wallet and instead pay with the digital currency Bitcoin—a growing phenomenon in Germany and other countries that are changing their views on the currency.

By adding Popmoney person-to-person payments to its primary mobile banking application, PNC Bank is putting the feature where its most tech-savvy customers expect to see it.

COLUMBIA, S.C. – Carolina Collegiate FCU has signed with Shastic to implement the company’s online loan calculator for Facebook, called Calcubot.

Fiserv will expand Instant Payments to the mobile version of its Popmoney person-to-person payment system in November.

MasterCard is placing more emphasis on things like airline boarding, wearable computing and many other things the card network contends can be used to win a consumer's business long before the payment is made.

An analytics dashboard developed by Spreedly and Shopify tracks and rates online payments gateways based on their processing speed and rate of declined transactions.