Sean Sposito

NCR announced Tuesday that Dollar Bank has chosen to install its APTRA Interactive Teller machines.

Merchant litigation over credit card interchange seems increasingly likely to end in a settlement, leaving observers at a payments conference this week to speculate about its final impact.

PayPal is one of the largest drivers of interchange revenue for the major card networks, yet the networks are increasingly trashing the security of the online payments powerhouse and other companies that toe the line between partner and rival.

Amex plans to release an updated version of its digital wallet Serve that will include all of its prepaid products, as well as incorporate deals and loyalty rewards.

A two-year inquiry into tri-party repurchase agreements has not figured out how to fully eliminate systemic risk from this arcane market.

PayPal, with 106.3 million active users, clearly has no trouble signing up consumer accounts. But it is now partnering with banks to sign up even more.

SmartyPig is opening an office in India to sell its social media software to the country's financial services companies.

IndyCar, an auto racing sanctioning association, is teaming up with First Bankcard to offer a racing-themed rewards card that will transact over Discover Financial Services' network.

Diebold is looking to cut out its competitors at banks where it provides automated teller machine services.

InComm announced Monday that it bought Medagate, a health care benefits services company.

Toronto-Dominion Bank is handing over the reins of its ATM fleet to Diebold.

Bank of America customers in upstate New York were issued new debit and credit cards after a third-party breach possibly compromised their information.

Even two years ago, when the first U.S. financial institution committed to issuing secure chip cards, vendors said no one was lined up to follow. But times have quickly changed.

It was a Disney exec that brought Don Kingsborough, now at PayPal, out of retirement to turn one of its theme park shows into a popular toy. Kingsborough's role today is quite similar: turn an unconventional product, in this case PayPal, into a hit in retail stores.

Datacard announced Monday that it made an investment in DeviceFidelity.

Cardtronics announced Thursday that Valero is making the automated teller machine operator its exclusive service provider at Valero convenience stores.

Facebook's payments revenue is growing dramatically each year — and its digital currency could soon threaten banks as it moves into more traditional channels.

Facebook generated about $557 million in revenue from its payments business last year, according to its S-1 filing.

As banks struggle with social media, SmartyPig LLC is set to offer its tried-and-true approach to any bank that wants it.

ATM maker NCR bought a minority stake in uGenius, which makes videoconferencing technology for banks.