Analytics

A group of payments companies experienced in international business have formed a network to support e-commerce merchants as they plan their global expansion.

Green Dot is taking a cautious approach to accepting remotely deposited personal checks — so cautious that it runs the risk of alienating customers and putting at risk tens of millions of dollars in investments at GoBank, its recently launched branchless operation.

The creation of mobile wallets sparked a battle between retailers and wallet providers over the control of consumer data, and the evolution of card-linked services has the potential to stray into a similar minefield.

Payment Alliance International sees an opportunity in the recent fallout of processors, banks, lenders and merchant services vendors that won't work with the firearms industry, and developed a program to provide its processing services to legitimate gun dealers.

Amazon.com Inc. and 7-Eleven Inc. sued Visa Inc. and MasterCard Inc. over card fees after rejecting a multibillion-dollar settlement in an antitrust case.

The "nuclear football" allows the president to order a nuclear missile attack from any location, and ZenithSecure took its idea for a new data security vault straight from the playbook for protecting those launch codes.

The daily self-reported spending for consumers averaged $90 in June, unchanged from May and only a tick higher than March's $89. Unlike economic confidence, which has continued to edge higher since March, consumer spending essentially has remained flat, according to the results of Gallup Daily tracking interviews.

Big banks are developing a system to make mobile wallets more secure by walling off customer account information from merchants and other third parties. Citigroup, U.S. Bancorp and other members of The Clearing House, an industry trade group, are jointly working on the technology. Their aim is to address some of the rampant data-security concerns surrounding digital payments. The system, dubbed Secure Cloud, essentially aims to provide a protective layer to customers who use the mobile…

CCBill has developed a portal to help merchants analyze data produced by payments to spot purchasing patterns and other trends that can tie past transactions to future business strategy.

RuPay debit cardholders in India can now use their cards to make online purchases, using Acculynk's PaySecure online PIN pad authentication.

Consumer spending in the U.S. likely climbed in May by the largest amount in three months, fueled by growing demand for automobiles, according to economists surveyed by Bloomberg ahead of a report this week.

Getting new credit cards in the hands of emerging market consumers requires unique processes that ensure timely and compliant delivery.

The advance of smart cards, mobile and cloud-based payments all promise one thing: better security. But in many cases, they rely on the same vulnerable hardware at the point of sale.

Data through May, released Thursday by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, showed no change in national default rates during the month.

Technology utilization is seen as a key growth area by all sizes of collection agencies. In particular, the use of IVR could almost double in 2013 and text is seen as a top growth opportunity.

For digital payments to flourish, they must get bigger — and bigger payments require stronger authentication.

An Experian trend analysis of first quarter mortgages and bankcards shows a 16% increase in mortgage origination volume and a 20% jump in bankcard limits, both compared with the year-ago period.

BitInstant, a purchasing platform for Bitcoin, is ramping up security by implementing Jumio Inc.'s Netverify software.

Prepaid card program manager Praxell is partnering with card marketer and producer Arroweye Solutions and identity provider ABnote to produce a card that combines municipal identification and payments.

Nearly 50% of consumers participating in a WorldPay survey about payment technology say they would like to use biometrics for security.