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Total System Services (TSYS) is working with well-known brands like Western Union and Brinks to boost adoption of prepaid cards as the CEO of its NetSpend prepaid unit prepares to leave the company.
Bluetooth beacons, which can transmit offers to a nearby customer's smartphone and payment data to a merchant, have huge potential. But to get the most out of beacons, merchants have to place several of them throughout their stores, increasing the overall cost of deploying what is still a very new technology.  more »
Between the proposed virtual currency regulations in New York and those already established in Texas, the future of Bitcoin would be brighter if more states follow the Lone Star State's example, says Jacob Farber, senior counsel for Perkins Coie LLP.  more »
Amazon Releases a Digital Wallet for Android and Fire Phones
Amazon has released a beta version of an Amazon Wallet App that is currently focused on shopping and discounts, though it could serve as a launch pad for mobile payments.  read more »
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