Technology

Neiman Marcus Group Ltd., the luxury retailer, said about 1.1 million credit cards may have been compromised in a data breach that occurred last year.

Vienna-based prepaid payment provider paysafecard has updated its mobile app to include augmented reality, a technology that displays data over a view of the physical world.

Payment service provider EVO Payments is partnering with fraud prevention company ReD to provide integrated fraud prevention to EVO's e-commerce merchants.

Swedish mobile point of sale company iZettle has launched a software development kit (SDK) to allow other companies to leverage iZettle's technology to build payments services.

Mobile shopping provider Airtag has developed a mobile wallet service for international grocery chain Distribuidora Internacional de Alimentacion SA, allowing customers to order and pay for groceries prior to pickup.

EBay CEO John Donahoe provided a glimpse into PayPal's ongoing strategy for mobile payments in defending his company's conclusion that it should not spin off the subsidiary.

As banks are moving through the "methodical process" of reproducing new cards for customers whose data may have been compromised in the recent Target data breach, they are also studying the best security options for the future, says U.S. Bancorp CEO Richard Davis.

Whereas banks have long struggled to migrate financial relationships onto mobile devices and to attract the underserved, carriers like T-Mobile come into the market with a distinct advantage.

Global payments company Payoneer and Japanese fulfillment company Quantium Solutions have signed an agreement to jointly offer cross-border payment products to Quantium's international e-commerce and mail order clients.

RBC has rolled out its mobile wallet, enabling consumers to use certain smartphones to make payments funded by Visa credit cards or Interac, Canada's national debit card program.