Technology

American Express Co., the lender that lost one of its biggest retailer partnerships and suffered a defeat in an antitrust lawsuit this month, is raising interest rates on a swath of credit cards for the first time in more than five years.

Brazil's embrace of digital commerce is providing juice for Santander's university smart-card program, which is growing by leaps and bounds as it lays the groundwork for the mobile channel.

Consumers in North Dakota are far less likely to experience an incident of e-commerce fraud than those living in West Virginia. Knowing this informs Forter's monitoring of e-commerce fraud.

IBM will assist Citi's Mobile Challenge competition, the two announced Tuesday.

The heightened regulatory environment for servicers has also prompted a wave of process improvements.

Bluefin Payment Systems, a technology vendor based in Georgia, will provide mobile point-to-point encryption technology to Infinite Peripherals, a point of sale system provider.

Visa Europe will introduce tokenization part of a new mobile payment service it plans to launch in April.

MasterCard has deployed Host Card Emulation-based mobile wallets in more than 15 countries.

First Data is releasing new services that stem from a strategic shift that followed the company's restructuring over the past year.

Host Card Emulation, the technology that allows contactless mobile payments without access to a phone's secure element, could bust the barrier that still lingers between mobile payments and loyalty.