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VeriFone Systems Inc. is taking off its gloves in the battle for mobile payment acceptance, claiming rival Square Inc.'s device can be adapted to use for fraud.
March 10 -
Regions Financial Corp. has updated its mobile banking capabilities to enable customers to transfer funds among internal accounts, pay bills and receive text alerts about balances and other details.
March 10 -
PHOENIX–Consumer preferences for paying by credit or debit card typically are too deeply entrenched for merchants and banks to succeed easily in steering customers to one or the other option for financial reasons, one banking industry analyst contends.
March 10 -
A federal judge has dismissed a shareholder class-action lawsuit brought against VeriFone Systems Inc. following a restatement of three quarters from its 2007 fiscal year caused by accounting errors, VeriFone announced March 9.
March 9 -
Hoping to appeal to small merchants looking for a means to process payment card transactions through mobile devices, Impact PaySystem LLC has begun offering a card-swipe device from iPhoneSwiper, initially for free, the companies announced March 5.
March 9 -
State Bank of India Ltd. is providing soldiers of the Indian Army with payroll debit cards as part of a special salary package, a spokesperson from the bank tells PaymentsSource.
March 9 -
Five cooperative banks in India have joined India’s national ATM network, enabling their customers to access more than 67,000 ATMs in the country, their technology provider InfrasoftTech Pvt. Ltd announced in February.
March 9 -
Executives at Global Cash Access Holdings Inc. are seeing positive signs ahead, particularly in international markets, but revenue continued to decline in the fourth quarter of 2010.
March 9 -
WASHINGTON – A bipartisan group of Senators is planning to introduce a bill as soon as next week that would delay implementation of the controversial Federal Reserve rule to cap fees on debit transactions for two years while the Fed studies the issue.
March 9 -
ORLANDO, Fla. — As the infrastructure to support digital gifting continues to increase, why does plastic still heavily dominate the industry?
March 9