ISO & Agent

While Diane Vogt Faro was "growing up" in the payments business, she helped the entire industry mature.

Square's Jack Dorsey sparked a price war over Japanese credit-card transactions with SoftBank Corp.'s Masayoshi Son. Entrepreneurs like Yukiko Kurano are the biggest winners so far.

Jennifer Schulz is the new group president of Experian's vertical markets group, which includes the automotive, public sector and healthcare businesses in North America.

For Cyriac Roeding, CEO and co-founder of shopkick, the marriage of virtual and physical shopping has never as close as it is now.

The Federal Reserve Board says it followed a proper system for establishing debit interchange caps and fully abided by the Durbin Amendment's requirement for merchants to have two unaffiliated networks to choose from for routing debit transactions.

Billing outsourcer BillTrust has developed new invoice technology that uses streamlined processing and dispute resolution to boost businesses payments automation, a segment that has traditionally lagged consumer payments in reducing paper processing.

Electronic payments provider ACI Worldwide named two new executives to its leadership team and is also establishing a new South America headquarters in Sao Paolo, Brazil.

Coinplug, a startup Bitcoin merchant services and trading platform being developed for the Korean market, has received $400,000 in funding from Cupertino, Calif.-based Silverblue Inc.

Mobile technology builder C-Sam has created a version of its mobile app development platform that's preconfigured with MasterPass specifications for financial institutions and processors to more easily build custom versions of MasterCard's digital wallet.

If retail stores seemed a little less crowded over the holiday weekend, tablets or smartphones are likely to blame, as the volume of e-commerce payments made via mobile devices surged during what some are now calling the "Cyber Five" shopping days — from Thanksgiving Day through Cyber Monday.

The PayPal Digital Gifts website is a new e-commerce hub that sells virtual gift cards that can only be purchased using the eBay subsidiary's digital wallet.

While nearly two thirds, or 61%, of U.S. online consumers have heard of a digital wallet, only 11% actually use one, an indicator that wallet providers still face challenges reaching consumers, according to Forrester Research.

With a new CEO and an infusion of private equity funding, Cynergy Data plans to grow both organically and through acquisitions.

Fraud schemes that rely on social engineering and other attacks to steal sensitive information are especially dangerous this time of year, when the hustle and bustle of the holiday season may lead consumers to let their guard down and skimp on security.

MasterCard Inc. and PayPal have positioned themselves as companies with “the best current opportunities in the payment space,” according to Morningstar Financial Services.

If consumers were worried about a government shutdown or stalled debt ceiling talks affecting the economy, they didn’t show it by holding off on credit card spending in October, a First Data Corp. report indicates.

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.

The number of credit cards issued by banks and retailers hit five-year highs between January and August, according to the latest Equifax National Consumer Credit Trends Report.

Spire Payments’ point-of-sale terminals will be available to merchants in Australia through a partnership with independent sales organization Keycorp Services Ltd.

Brooklyn is teeming with New York natives and tourists alike, and the borough's merchants sometimes struggle to keep up with the activity. Several are using mobile point of sale systems from companies like ShopKeep to cut through the chaos.