As it plots its expansion, payments tech developer Stripe is also building expertise via acquisition. It recently purchased Kickoff, a task management and collaboration application designed for teams.

Lawmakers are looking into removing the roadblock that currently exists in California for mobile-pay startups that either can't afford the compliance costs for state licensing or define themselves as Web-based marketplaces, rather than true money transmitters.

Western Union has released two new mobile applications for its Western Union Speedpay service.

ACA International applauded Tuesday the collection industry's success in resolving consumer complaints, as reported by the Council of Better Business Bureaus.

At Golden 1 Credit Union, consumers' habit of favoring debit cards over cash created an opportunity to promote mobile payments—with an added lure of integrating other mobile services.

U.S. Bancorp's global payment subsidiary Elavon is opening a mobile innovation center at its Atlanta headquarters to build technology for merchants.

PayPal's recent updates to its software tools for developers provide a clue to its long-term plans for the Card.io, the mobile payments tech provider PayPal bought last year.

Commercial payments technology provider AOC Solutions has enhanced its EnCompass offering to allow access to commercial payment processes from any mobile device, a move that's designed to accommodate the growing "bring your own device" (BYOD) trend.

NEW YORK – Viewpointe, an item and check image network, was awarded a U.S. patent for its image quality invention covering proprietary technology to centrally monitor the quality of images of financial documents.

Doug Bergeron's departure as CEO of VeriFone comes at a time when the point of sale terminal manufacturer disclosed that it has engaged in business dealings with Iran that may have been prohibited by recently enacted sanctions against the Middle Eastern country, as well as a recently filed shareholder lawsuit alleging securities fraud.

Doug Bergeron will step down from his roles as CEO and a board member at VeriFone, effective March 12, the point of sale terminal maker said today.

Payment systems provider ACI Worldwide has completed its acquisition of Online Resources Corp. in an all cash transaction for $3.85 per share—a deal that adds payments and financial services bulk to ACI.

IDT Corp. and Fiserv have entered into an agreement that will expand IDT's Boss Revolution international calling service and the CheckFreePay walk-in bill payment service from Fiserv.

Despite the heated competition in the mobile-wallet market, many consumers and merchants are still not convinced about the idea of using use a mobile device instead of a plastic card.

When unpaid bills go to collections agencies, the consumers' credit scores often suffer long after they pay off the debts.

M-KOPA Kenya Ltd., backed by a Royal Dutch Shell Plc-funded charity, sees sales of its solar-lighting system that allows users to pay by phone surging 13-fold as mobile operators roll out banking services in Africa.

Just three months after reaching 500,000 users, LevelUp hit one million customers, with a meaningful portion of that new audience attracted by adapting the company's offer system to work over Facebook.

Samsung and Visa will likely demonstrate the full potential of their contactless mobile payments alliance at this week’s unveiling of the Samsung Galaxy S IV smartphone.

VantageScore's new credit scoring model ignores accounts that were referred to collection agencies but then paid off. The company cites cold, hard numbers for its decision to drop a controversial practice.

PayPal’s most recent updates to its tools for programmers reflect a desire to simplify the process of integrating with mobile apps and other new channels.