Technology

Electronic payments technology provider Verifone has entered into an agreement to buy Payment as a Service provider InterCard AG.

Mobile payments is the next “big thing” for consumers. But how can we keep it from becoming so for hackers as well?

Given the number of mobile payment companies targeting small business, there's lots of slicing and dicing of the market in the name of differentiation.

A Swiss joint venture plans to release SwissWallet for online shopping this month, partnering with MasterCard for use of its digital wallet, MasterPass.

With Visa Inc. set to merge with Visa Europe, the U.S. company stands to benefit from the experience its London-based counterpart has in mobile and digital payments. It could also supercharge these projects with added resources.

There are many potential buyers of stolen bank account data, including the banks themselves. But fraudsters are increasingly reluctant to sell their data back to its original owner.

The rollout of EMV is accompanied by increased card not present fraud, but banks can reduce losses using voice biometrics in the call center.

U.S. Bank is making a small-business online payment management system available to consumers.

WEX has selected Roberto Simon to become the fleet card company's next chief financial officer.

Financial institutions are often thought of as major consumers of technology, but a pair of recent examples show that more tech is being developed in-house and, once proven feasible, monetizing it. Expect more spin-offs, observers predict.