Within five years, companies in the card business will have to choose a new label for their trade, especially if they embrace current technology and trends.

Mobeam Inc. has formed a partnership with an Austrian micro sensor company to create a bar-code format that any point of sale scanner can read for smartphone-based payments or coupon redemption.

HAGERSTOWN, Md. – Ongoing Operations yesterday announced a partnership with SimpleSignal to provide SimpleSignal’s fully-managed voice integration hosted by Microsoft Lync.

Affirm, the new mobile payments company that counts PayPal co-founder Max Levchin among its own founders, is already drawing buzz—and some head-scratching over certain aspects of its business model.

If imitation is the sincerest of flattery, then Samsung must really be trying to charm Apple with a new mobile wallet that bears a striking resemblance to the iPhone's Passbook.

VeriFone announced a partnership with SK C&C, a Korean IT services company, to deploy open mobile payment technology for mobile network operators.

Consumers are notoriously reluctant to choose new payment habits. This week, LevelUp and 20 retailers forced the issue by taking away their choice. The "credit card diet," which took place Feb. 26, involved 20 retailers in Boston and Washington D.C. They all refused credit cards for one day.

MasterCard is bringing its mobile PayPass contactless payment technology to Brazil, in partnership with Itau, TIM, Redecard and Gemalto.

As merchants and issuers weigh their digital payments options, traditional incumbents and new entrants alike are finding their offerings being scrutinized over how much they offer — and whether they even fit with the company's existing payments strategy.

MasterCard issued a list of providers that have cleared the card network’s best practices bar.

The Illinois Supreme Court issued new rules changing foreclosures in the state that will impact Cook County's 77,000 pending foreclosure cases, according to a report.

When Isracard analyzed its call volume in the middle of 2012, the largest credit-card issuer couldn't ignore the results.

The fast success of South Africa's Standard Bank provides a clue as to why mobile money is attracting so much attention from global payments providers as a way to expand services to underserved areas.

Could the cost of preparing the U.S. retail market for EMV smart-card technology over the next few years create problems for some retailers, adding to their burden in an already fragile economy?

Max Levchin, a PayPal founder, is launching a new mobile-payments startup called Affirm.

The Consumer Financial Protection Bureau is seeking suggestions on how to develop a policy plan to help borrowers of private student loans find more affordable repayment options.

BlackBerry is testing whether the money-transfer business will help the smartphone maker keep users hooked on its instant-messaging service.

For the 13th consecutive year, identity theft was the top complaint received by the Federal Trade Commission, followed again by complaints about debt collections.

PreCash has hired Jim Lerdal to be its senior vice president of operations, a new position.

Another digital wallet is coming to the U.S. — but it's taking the scenic route.