The St. Louis-based grocery chain Schnucks Markets Inc. continues to face legal woes, four months after disclosing that up to 2.4 million credit and debit card numbers were exposed in a data breach initiated last December.

Online lender Western Sky Financial will stop funding loans on Sept. 3 amid rising legal battles with authorities in several states.

MasterCard, C-SAM and DNP are preparing to launch a white label mobile wallet service in Japan.

E-Commerce services provider Digital River is launching a mobile payment acceptance product called Beanstream Mobile.

Online and mobile payments processor WePay's has seen the number of developers using its application programming interface (API) grow by 284% in the past year.

The Financial Crimes Enforcement Network, by hosting the Bitcoin Foundation in Washington D.C. this week, demonstrated its commitment to learning more about the disruptive virtual currency.

In a crowded field of Square-like vendors, the Berlin-based SumUp hopes to stand out by virtue of its executive experience, its strong partnerships and funding, and a more comprehensive role in developing its own hardware as well as its software and services.

ENGLEWOOD, Colo. – Consumers who pay bills with their smart phones outnumber those who pay via tablet by more than two to one, according to Western Union.

SAN DIEGO – North Island Credit Union Board Director Emeritus, Al George, passed away on Aug. 24.

Virtual currency operators in Idaho are subject to state money transmission laws if they service Idaho residents, according to a letter from Jim Burns, investigations chief at the Idaho Department of Finance.

PreCash Inc. has launched Evolve Money, a consumer-facing online and mobile application that allows cash-paying users a way to pay and track their bills.

The concept of using the payments stream to promote donations is compelling because it provides an easy way to link everyday consumer payments with charitable giving.

Twitter's decision to hire a head of commerce signals that the company plans to play a significant role alongside the many companies that have sought to transform the social media site into a platform for payments.

TSYS' ProPay has launched a service to handle rent payments via mobile devices for the property management industry.

Payment processor Global Payments Asia-Pacific Ltd. and telecom service provider Dialog Axiata PLC are offering technology in Sri Lanka that enables smartphones or tablets to be used as mobile point of sale terminals.

Bitcoin has gained legitimacy from an unexpected source — it has been added to the Oxford Dictionary Online, along with several other less cultivated words, such as "twerk" and "selfie."

PayPal Canada is collaborating with TouchBistro to allow customers to use smartphones to "check in" and pay at restaurants.

Bitcoin companies have had a tough time getting banks to agree to give them accounts — but a New Jersey credit union has agreed to work with Tradehill, a bitcoin exchange. Is this a ray of hope for bitcoin businesses, or will most be doomed to live in exile from the mainstream financial services industry?

Crystal Clear Payments is fighting fraud by rapidly changing permissions in response to evolving risk.

For merchants that use mobile point of sale technology, the U.S. migration to EMV-chip cards may still be a couple of years away. Roam aims to make it possible to accept EMV cards ahead of schedule.