Nearly all smartphone users in Sweden will soon have access to a mobile payment service called MyWallet if their phones support it.

Capital Bank of Rockville, Md., said it chose Fiserv's Premier core, as well as the vendor's credit card management, electronic bill pay, person-to-person payments and other services.

Deutsche Telekom AG's announcement July 2 of a mobile payments partnership with MasterCard highlights the opportunities for issuers in mobile wallets being developed worldwide, including in the U.S.

Banks today struggle to make money from electronic person-to-person payments, but some have a more distant goal in sight: they are counting on P2P as the foundation of mobile payments.

ST. PETERSBURG, Fla. – PSCU said this morning several of its credit union customers will be the first financial institutions in the U.S. to deploy VISA prepaid chip-based EMV cards later this summer, with another dozen credit unions to follow in the fall.

Regulators are cracking down on payday loans, and that could give banks an unprecedented edge in the business.

WASHINGTON — As the federal government begins to take a closer look at the regulation of mobile payments, the first signs of a split within the payments industry are emerging.

When Joe Randazza first began filing National Payment Card Association patents seven years ago for decoupled debit products and processes, he admits he "didn't have the vision to foresee a future with smartphones."

American Express plans to begin issuing secure chip cards in the U.S. this year, and it has released a timeline for merchants to follow in accepting those cards. Like every other network's roadmap, Amex sticks closely to the plan Visa announced last August.

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.