WASHINGTON – Financial regulators told Congress this morning 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.

Google's most recent update to its mobile wallet's online pricing seems to stray from the product's focus at the point of sale. It's the latest in a series of twists and turns in Google's payments strategy.

To hear Dan Wagner tell it, one would think the CEO of London-based mPowa was ready to enter the ring for a prizefight against all comers in the world of mobile card-based payments.

The CEO of m-Via has spent the past four years developing a low-cost mobile payments system called Boom and telling people around the world about it.

Despite constant calls to action, U.S. credit card issuers may still be too complacent about card fraud - even as the fallout from massive data breaches snowballs.

Almost a year ago, the telecommunications companies backing the Isis mobile wallet venture were clear that they would rely on Near Field Communication. But as technology advances, there may be wisdom in adopting an alternative.

Merchants may feel overwhelmed at the abundance of new payment technologies, and they are understandably worried about investing in the wrong one. Terminal vendors are hoping to address those fears.

Despite constant calls to action, U.S. credit card issuers may still be too complacent about card fraud — even as the fallout from massive data breaches snowballs.

Shopkick now works with both Visa and MasterCard to offer targeted rewards using transaction data gathered at the point of sale.

Severely delinquent balances among first mortgages are declining, according to Equifax's May National Consumer Credit Trends Report.

Though ZooZ is now the exclusive payment option for merchants that use the mobile commerce platform provider MobiCart, this week's agreement linking the two tech companies is, paradoxically, about providing access to as many payment options as possible.

Google announced revisions to its mobile wallet that make it a more palatable choice for the sale of digital goods.

DUBUQUE, Iowa – Alliant CU is the first Sharetec Systems client to implement mobile deposit capture from Cachet Financial Solutions under a new partnership launched by the two vendors.

When Global Payments last March revealed it had suffered a data breach, executives at tokenization vendor Protegrity began what amounted to a verbal campaign calling for fraud liability to shift to processors. Elavon must have thought Protegrity was onto something.

For ATM deployments in Canada's 7-Eleven convenience stores, it's CIBC out and Scotiabank in. And 7-Eleven is getting new machines to boot.

For small merchants, the annual compliance questionnaire for the PCI Standard has become increasingly complex. First Data hopes to make the process simple again by using technology.

Square is adding more features to set its reader apart from the various other smartphone plug-ins that can also read magnetic-stripe cards.

JPMorgan Chase's Chase Paymentech has begun supplying retailers and other merchants with new terminals that can accept payments from smartphones and cards embedded with computer chips.

Consumer confidence fell in June for the fourth straight month as fears about jobs and the greater economy trumped relief at the gas pump and a boost in the housing market, according to a private research group.

Fraudsters are taking their attacks on banks and payment companies to alarming new levels using automation and cloud-based servers, according to a new report from Guardian Analytics and McAfee Inc.