Merchant

An estimated 718 different collection agencies and creditors were sued between April 16-30, according to data pulled from U.S. District courts.

Phoenix Managed Networks has secured the services of a Canadian payments company to distribute routers and software for its PaySecure fraud-prevention service, the payment network services provider announced May 15.

Some 15 years after the first EMV chip cards appeared, less than half of all payment cards worldwide conform to the EMV chip card standard, underscoring the slow, gradual speed EMV card deployments generally require.

A tokenization services vendor has shifted its emphasis from the core to the edge of retailers’ computer systems and is seeking independent sales organizations to promote its product.

Two former executives at Oxford Collection Agency each pleaded guilty to one count of conspiracy to commit wire fraud, bank fraud and money laundering and one count of wire fraud stemming from a $10 million fraud scheme against Connecticut-based Webster Bank, federal officials said Tuesday.

99Bill Corp. is targeting Chinese small and midsize businesses in its launch of a Square-like smartphone payment card reader, the Beijing-based third-party payments provider announced last week.

ORLANDO–If the annual Card Forum and Expo staged here last week were a car on a family trip, attendees played the roles of restless kids in the backseat asking, “Are we there yet?”

Banks in India may soon tap into a new way to monetize their ATMs by selling ads to other financial services providers and partners.

Transaction aggregation eventually could save the vending-machine industry from the ravages of the Durbin amendment to the Dodd-Frank Act, according to one processor of electronic payments from vending machines.

ORLANDO — To hear Canadian payments experts talk about the EMV smart card conversion that took place in their country three years ago, one mantra comes to mind: “He who hesitates is lost.”