Technology

Bad-debt classification practices across Europe show "material differences that, if not considered, would severely affect the consistency and credibility of the exercise," according to a European Central Bank document obtained by Bloomberg News.

Square Inc., the payments startup co-founded by Twitter Inc. Chairman Jack Dorsey, has authorized a tender offer of 1 million shares at $135.28 each, valuing the closely held company at $5 billion, people with knowledge of the matter said.

For the first merchants to adopt the Isis mobile wallet, the loyalty and data opportunities that it presents are of far greater value than the contactless payment capabilities it provides.

Toshiba's new entry into the crowded retail mobile payments market is a tablet that can quickly morph back and forth between mobile and more conventional payment methods.

Platforms that serve as a gateway between retailers' existing systems and new mobile technologies can simplify the process of adding new mobile-based capabilities, including payments.

Roam is approaching potential U.S. clients with a product that allows businesses to deploy and centrally manage a broad network of mobile point of sale terminals.

Credit unions across the nation are moving up their EMV conversion timelines, considering more class action lawsuits against Target Corp. and calling on Congress to create rules requiring greater payment data security from retailers.

Visa has launched a new communications campaign that takes emerging payments channels into consideration.

PayPal plans to deploy a checkout system that contains the payment entirely within the merchant's website, one of several payments technology initiatives underway in at eBay's payments subsidiary.

Swift, the financial messaging service, is creating a global Know Your Customer (KYC) Registry, a centralized location to collect and share information to help banks vet the risk posed by other banks that handle transactions for corporate clients.