Fintech

WorldPay, which provides electronic payment processing, has contracted to bring the NFC and EMV capabilities of VeriFone's countertop payment products to merchants.

Total Systems Services Inc. on April 25 debuted two services designed to make multi-currency shopping and payments easier for users to understand and execute.

GoPago Inc., a San Francisco-based mobile payment provider last week hired Steve Elefant as its chief strategy officer. Elefant, a senior strategic consultant at Google Inc. for the past year, served as Heartland Payment Systems’ chief information officer until 2011.

HARTFORD, Conn. – The state’s House of Representatives passed legislation yesterday that would allow the state's credit unions to offer savings raffles or lotteries, which would make Connecticut the seventh state to allow savings contests.

Avant-Garde Marketing Solutions (AGMS), a merchant service provider, will sell and deploy a number of Ingenico’s new countertop terminals, including those that handle EMV-chip card payments.

A consumer watchdog group in Canada is speaking out in support of the major card brands in response to an argument brought by the country's Competition Bureau on behalf of retailers.

ZooZ, an Israel-based mobile payment company, has secured $2 million in a Series A financing round from supporters XSeed Capital, Lool Ventures and Rhodium. The company's funding now stands at $3.5 million.

Total System Services Inc. is adopting a new infrastructure for card issuing, updating its existing "black box" to allow issuers to more quickly launch new products and services and provide a single view of consumers across multiple relationships.

DAYTON, Ohio – A federal judge yesterday dismissed a $10 million Privacy Act suit brought against Wright-Patt CU by a family who claimed the credit union illegally shared their account information with the FBI and local police investigating allegations of PIN or VIN flipping of heavy construction equipment rentals.