Issuer and merchant processors alike acknowledge the high speed of technological change is the new pace car in payments, forcing traditional industry players to hop on board or be left behind.

ATM manufacturer Wincor Nixdorf has joined competitors Diebold and NCR in producing a smartphone app meant to help consumers save time at the ATM.

Is tiny the next big thing for independent sales organizations? That’s the dilemma ISOs have been facing ever since Square Inc. came on the scene two years ago, promoting card acceptance to babysitters, gardeners and yard-sale entrepreneurs.

Clear2Pay and TestPlant are partnering to create a product that allows app vendors and wireless carriers to test the security and interoperability of their mobile payment products before they enter the marketplace.

Many payment products started out as something else, and many payment execs came to the industry from different backgrounds.

ReadyForZero is one of many companies that provide personal financial management tools to help consumers get a grip on their finances by letting them collect spending data from multiple accounts. Many of these providers do not allow payments, largely out of security concerns.

SAN DIEGO – Credit unions are not alone in worrying they are falling behind in technology.

PayPal is streamlining its operations, consolidating nine different product teams into one organization.

U.S. Bancorp's payments unit Elavon has signed an agreement with 41st Parameter to provide the anti-fraud company's technology to Elavon's clients.

For the past two years, the word "Isis" has meant a few different things for the payments industry. Its meaning will come into focus Oct. 22, when the joint venture will begin its much-publicized launch in Salt Lake City and Austin, Texas.

Consumers who own a debit card issued by their bank definitely prefer that payment method to other options, including alternatives such as PayPal.

SAN JOSE, Calif.-Robert Marinace, who successfully helped lead the charge against Technology CU's proposed conversion to a bank charter died Oct. 14. He was 84.

Transit systems are a proving ground for payments: they require high-speed, sometimes wireless, and consistently reliable payments. New York’s subways, buses and taxis are constantly testing potential new systems, and not all succeed.

A Los Angeles city committee agreed to seek a vendor to offer an identification card that doubles as a prepaid ATM card for the underbanked.

Retailers’ mobile-pay apps are gaining popularity, and many merchants hope their customers will spread their brand affinity by using the apps to send virtual gift cards to a friend or family member’s device.

Whimsical birdcages, colorful jackets made of recycled fabric and other arts and crafts knick-knacks on Etsy can now be purchased with gift cards.

Customers will soon make purchases in Apple’s retail stores with the company’s new limited mobile wallet, Passbook, according to an Apple news site.

Oklahoma was the only state that did not sign off on a $25 billion settlement with five national mortgage lenders, instead reaching a separate $18.6 million settlement.

Giving merchants technical support whenever they need it — as opposed to a technology-based tool — is a lesson that’s taken on greater significance as FrontStream develops its product to compete with Square.

First Data Corp. executive Mark Herrington has joined the board of Internet PIN debit payments provider Acculynk.