PayPal's decision to buy its mobile-pay tech partner Card.io sheds light on how the smaller company's technology is shaping the world of mobile payments.

M-Via, which offers a mobile checking account called Boom, said July 18 that it closed a $17 million financing round led by Digicel Group Ltd. M-Via is also changing its name to Boom Financial.

Kmart's new reloadable prepaid debit card will do double duty for both the mega-retailer and Green Dot Corp., which provides the card.

Shopkick's mobile rewards system has relied so far on small devices retailers install at their doors to signal to an app that a customer has visited in person. But for a giant like Macy's, those little devices can add up to a big headache.

PayPal announced July 17 that it has acquired financial technology start-up Card.io.

PORTSMOUTH, N.H. – Service CU said it has implemented DigitalPersona’s Pro Enterprise software and U.are.U Fingerprint Readers to secure access to applications and member information, and improve employee productivity.

Declining check volumes slowed second quarter revenue growth for the Payment Solutions unit at Fidelity National Information Systems Inc., or FIS.

Inaccurate data that finds its way into the global banking payment process creates "hidden costs" of hundreds of thousands of dollars for banks, corporations or large retail businesses.

In less than six months, MoBank Group has sparked plenty of interest among United Kingdom online retail merchants as they upgrade their websites for mobile commerce.

MasterCard launched a small-business spending portal that mimics the capabilities of big-business expense systems.

Credit card issuers may be able to target their marketing better through a new Equifax prospect-scoring model that identifies the consumers most likely to open an account.

HIGHLANDS RANCH, Colo. – Red Rocks CU has been chosen to pilot test a next generation ATM being developed by CO-OP Financials Services and Diebold that will perform most of the transactions of a branch, including loan payments.

Western Union Business Solutions now lets universities accept international students' tuition payments and fees in Indian rupees, The Western Union Co. unit announced July 17.

VIENNA, Va. – Navy FCU has upgraded its iPhone and Android apps to simplify the sign-in for mobile banking with a password-only “Remember Me” feature, mobile deposits, and international availability.

ROCKLAND, Mass. – Rockland FCU, which has $1.2 billion in assets, has signed with Vertifi Software to offer its members the CUSO’s DeposZip Mobile remote deposit capture service.

PLEASANTON, Calif. – Patelco CU has introduced a new mobile banking app that will allow members to deposit checks using an iPhone or Android.

Visa and MasterCard, in a drive to tip the scales in favor of card issuers over merchants, have established policies over the years that have led to tens of billions in costs and losses through litigation settlements and legislation.

SCVNGR's LevelUp mobile payment system added Larkburger, chef Thomas Salamunovich's burger chain, to its merchant lineup.

Financial regulators told Congress they are reviewing the need for expanded regulations over mobile payments, as the mass migration from paper money to electronic payments accelerates over smartphones and other personal devices.

It took Stu Sjouwerman, the founder and chief executive of security firm KnowBe4, about two minutes to launch a successful social engineering attack against reporter Jeremy Quittner.