Technology

Small Business Payments Co. recently launched its WorkBench cash management platform, allowing businesses to make credit card and e-check payments, with other features planned for the future.

The Minneapolis-based bank has been using mobile and digital watermark technology internally at board meetings to add multimedia elements to what would otherwise be static reports. It is now extending that technology to shopping and payments.

Auto lease credit approvals fell slightly in November compared with October and year-to-date approvals for customer credit finished November at 72.6 percent, compared with October levels of 72.8 percent, according to Swapalease.com, a national car lease marketplace.

A week ago Sunday at about 10:00 a.m., Jim Wells was on his way from church to a grandson's birthday party, when he popped into Target to pick up a gift. By the time he returned home from the party at about 3:30, there was a voicemail message on his machine from Citibank's fraud control department asking him to call because they thought there might have been fraud on his account.

American Express has been ordered by federal regulators to pay nearly $76 million to settle allegations that it used to deceptive marketing and unfair billing practices to sell credit card add-on products to its customers.

MoneyGram will extend its agreement to provide services in more than 600 Albertsons locations in the U.S.

As more mobile wallets experiment with alternatives to Near Field Communication, Isis stuck to its use of the contactless payment technology. But will that prove to be a winning strategy or just a payments-industry fad?

As mobile wallets mature, so will attempts to use the technology to marry payments and marketing, says Fiserv's Matt Wilcox.

The Walt Disney Co.'s board of directors has elected Twitter and Square co-founder Jack Dorsey as an independent director.

JPMorgan Chase & Co. increased spending and withdrawal limits it imposed on 2 million customers who used debit cards at Target Corp. during the retailer's data breach.