Technology

Point of sale hardware and software provider Image Retail Solutions and payment service provider Anderson Zaks have partnered to sell outsourced card payment processing.

A top federal official on Tuesday defended his decision not to prosecute JPMorgan Chase (JPM) for allegedly facilitating Bernie Madoff's Ponzi scheme, calling a deferred-prosecution agreement and monetary penalty an "appropriate" resolution of the bank's alleged failings.

Seamless has signed an agreement with Visita, a Swedish hospitality industry and employers organization, to use the SEQR mobile payment system.

Melissa Smith's plans for her first year as Wex's CEO sound a bit like trip around the world, with payment projects in locations as varied as Brazil, Thailand, Canada and Europe.

Alliance Data Systems Corp. replaced Barclaycard US as the issuer of Virgin America's affinity credit card this week, launching two products that are co-branded with the airline's Elevate frequent flier program through its Alliance Data Retail Services and Comenity Capital Bank divisions.

Chinese E-payment provider Alipay and microblogging platform provider Weibo have developed an online payment system that enables users to buy products through communication with acquaintances, Alipay announced Jan. 7.

Mobile technology vendor 1OAK says it can enable any point of sale machine to accept payments from a smartphone without changes to infrastructure or back-end payment processing systems.

The new Square iPhone case, designed with accessory developer Griffin Technology, kicks off a program that encourages the development of accessories for Square payments hardware.

Total Merchant Services says it will expand its tablet-based point of sale and cloud-based offerings after acquiring Registroid LLC and its products.

Business bankruptcy filings in the U.S. dropped 24 percent last year to their lowest mark since at least 2006, according to a report from the American Bankruptcy Institute.