Fintech

Though ZooZ is now the exclusive payment option for merchants that use the mobile commerce platform provider MobiCart, this week's agreement linking the two tech companies is, paradoxically, about providing access to as many payment options as possible.

Google announced revisions to its mobile wallet that make it a more palatable choice for the sale of digital goods.

The House took a key step June 27 toward passing bipartisan legislation that would end a rash of lawsuits over missing ATM fee disclosure signs.

When Global Payments last March revealed it had suffered a data breach, executives at tokenization vendor Protegrity began what amounted to a verbal campaign calling for fraud liability to shift to processors. Elavon must have thought Protegrity was onto something.

For ATM deployments in Canada's 7-Eleven convenience stores, it's CIBC out and Scotiabank in. And 7-Eleven is getting new machines to boot.

For small merchants, the annual compliance questionnaire for the PCI Standard has become increasingly complex. First Data hopes to make the process simple again by using technology.

Square is adding more features to set its reader apart from the various other smartphone plug-ins that can also read magnetic-stripe cards.

JPMorgan Chase's Chase Paymentech has begun supplying retailers and other merchants with new terminals that can accept payments from smartphones and cards embedded with computer chips.

U.S.-based card networks are making it clear they are hungry for a bigger piece of Canada's debit card market, which is making the nation's merchants nervous.

PNC Financial Services Group has agreed to pay $90 million to settle a class action relating to its overdraft protection practices.