Target Corp. has integrated its popular Cartwheel couponing app into its main mobile app in preparation for introducing mobile-payment functionality based on quick-response codes, TechCrunch reports, though Target’s deadline for introducing payments on the app is “in flux”and may slip into early next year, according to the online news service. Golden …

Overall, the forecast is strong for open-loop prepaid cards—loads are expected to reach $353.6 billion by 2020—but not every segment will partake in the growth. That’s the assessment in a new report from Mercator Advisory Group Inc. Open-loop cards, which can be used at most merchants and carry a major …

Apple Inc.’s Apple Pay service continues to roll out in foreign countries, so much so that 75% of its transaction volume is coming from abroad, according to Apple’s chief financial officer. Apple Pay, which uses near-field communication technology for contactless payments with the iPhone and Apple Watch wearable device, was …

PayPal Holdings Inc. has changed in ways large and small since Dan Schulman took over as chief executive two years ago, but perhaps its biggest change is its willingness to embrace collaboration with financial institutions, payment networks, and others once seen as keen rivals. At least some vindication of that …

Mastercard Inc. acquired Brighterion Inc., a software company specializing in artificial intelligence that Mastercard expects will enhance its customer-experience and fraud-prevention services for customers. Terms of the deal were not disclosed. PayPal Holdings Inc. and Visa Inc. extended to Europe a collaboration deal first announced last summer. Under the agreement, PayPal’s European operation will promote …

There’s nothing new about application programming interfaces. The code has been around for years, streamlining payments flows between otherwise unrelated apps. Recently, APIs have made possible the seamless integrations that mobile-payments users now take for granted. But now a group of payments executives are starting to worry that proprietary API …

Mobile-wallet transactions in the United States grew 333% from 2012 through 2015, albeit on a relatively small base, according to data released Friday by the Federal Reserve. Wallets generated 1.3 billion payments in 2015, the Fed data show, versus 300 million transactions three years earlier. That robust rate of growth …

Independent sales organization Bluefin Payment Systems said the U.S. Patent and Trademark Office issued the company two patents for data decryption; both patents encompass Bluefin’s Decryptx platform and online P2PE Manager System. Terminal maker Ingenico Group announced it has increased by 200% over the past year its integrations with integrated software vendors, acquirers, electronic …

Consumers may not realize it, but their mobile phone is a gateway for criminals to take over their bank accounts. In a fast-growing scam known as SIM swapping, criminals transfer the phone number associated with a consumer’s mobile phone to the SIM card embedded in a mobile phone in their …

By Jim Daly and Kevin Woodward@DTPaymentNews Financial-institution processor Fiserv Inc. reported Tuesday that it plans to buy United Kingdom-based Monitise plc, a faded star of the early mobile-banking and payments era that still has some valuable technology, for £70 million ($89 million) in cash. And HalCash North America, which goes …