Green Dot Corp.'s GoBank account is being featured on Lifetime's Project Runway.

DeviceFidelity, which has spent years supporting hardware-based mobile payment systems with the likes of Visa and MasterCard, is reporting success in devoting more attention to the software-based aspects of its moneto wallet.

In supporting the Square Wallet as a mobile payment option for its customers, U.S. Bank is taking a step that other financial institutions might view as embracing a competitor.

Banks need to have an open mind when evaluating disruptive mobile technologies and the developers behind them, says Sergi Herrero, the vice president of business development, payments and mobile finance at BNP Paribas and CEO of its L'Atelier North America division.

Royal Bank of Canada chose to store data in the cloud, rather than use the mobile phone's secure element, in a mobile payment system it plans to launch this year.

Notwithstanding recent media criticism, there is little doubt that these products offer a better alternative for unbanked and underbanked consumers who would otherwise use a cash-based system to manage their finances.

The Merchant Customer Exchange (MCX) has hired Dekkers Davidson to be its CEO. Davidson was most recently a managing director at Barclaycard US.

NORTH CANTON, Ohio – Diebold announced this morning it has partnered with mobile wallet provider Paydient to enable consumers to withdraw cash from ATMs using their smartphones.

Three weeks after completing a mobile payment development agreement with China Mobile, the China UnionPay card brand has signed on eight banks to launch a contactless mobile payment system in Shanghai.

After years of government and telco-backed testing of contactless mobile payments in France, a major bank is ready to provide a significant boost to the country's Near Field Communication project.

American Express does not expect the discount rate it charges merchants to fall under the jurisdiction of regulations being considered by the European Union to place caps on interchange fees.

PayPal and its parent eBay each expect $20 billion in mobile commerce and payment volume this year, eBay CEO John Donahoe says.

Australian startup Pin Payments has acquired billing technology and the global customer base of a U.S. company to continue its push to provide developers with software that handles credit card acceptance online.

Shopzilla, a technology company that manages a portfolio of shopping, product comparison and coupon websites, is expanding its mobile payments capabilities by acquiring startup Zappli.

Heartland Payment Systems will use Alaric's Fractals fraud prevention and detection product to monitor the 300 million card transactions it processes each month.

The Senate's approval of Richard Cordray's nomination to run the Consumer Financial Protection Bureau likely puts an end to another crucial fight over the bureau's structure and its ability to impose far-reaching regulations on the industry.

Zapp, a new company allowing consumers to link their mobile phone numbers to their bank account to make peer-to-peer payments, announced its system will be built on Oracle technology.

Payvia is looking to burst through the traditional mobile funds transfer model in emerging markets by adding a wide range of digital services and new forms of content.

Tablet point of sale technology provider ShopKeep POS has hired Todd Lasher as vice president and general manager of its channel business.

Jumio's Mobile Consumer Habits study is grabbing headlines and laughs for revealing that 9% of U.S. adults admitted to using their smartphones during sex — but the survey's other findings have more serious implications for the future of mobile payments.