Merchant

VeriFone's recovery from its earnings slump will rely heavily on merchants investing in new technology to respond to the impact of mobile on payments.

Braintree is viewing consumer purchasing behavior at multiple merchants to improve fraud mitigation.

The launch of PayPal's revamped mobile app is a coming out party for the eBay unit to prove it's laid the foundation to be a serious offline payments player by employing strategies that differ greatly from how it achieved success as an e-commerce payments scheme.

Total System Services has signed a long-term acquiring agreement with Irving, Texas-based Anovia Payments.

Target has emerged as a leader in store-branded debit cards. The goal of such cards is to use data analytics and discounts to cement customers’ loyalty.

A new group of payment terminal providers will add Isis’ specifications for payments and loyalty programs, enabling the telecom-driven mobile wallet to reach approximately 90% of the addressable market for point of sale hardware in the U.S.

A U.S. district court has halted a Tampa, Fla.-based operation that promised to help consumers get payday loans. Instead of loans, the defendants used consumers’ personal financial information to debit their bank accounts in increments of $30 without their authorization, the FTC alleged.

Elavon has hired Realex Payments to provide a number of digital payments services for the Elavon Payment Gateway in Europe.

In an effort to shield merchants looking to expand into new markets, PayPal will launch an expanded seller protection policy for the Asia Pacific region on Oct. 11.

Citibank has agreed to pay $55,000 to settle a complaint by the Connecticut attorney general that the bank was aware of a security flaw in its online banking service that resulted in hackers obtaining payment card data and stealing about $2.7 million.