Technology

Oink, which was previously called Virtual Piggy, is ready to expand its youth-oriented online payments business to include merchants with a physical presence.

Retailer Target Corp. is investigating a massive data breach that may have affected the card data of millions of bank customers, according to security blogger Brian Krebs. The breach of credit and debit card records is said to have begun on or around Black Friday 2013, the day after Thanksgiving.

Jerome Cle has stepped down as CEO of SCCP Group. He will remain active as a board member and strategic advisor to the mobile payment technology provider.

Epay, a prepaid product provider and distribution network, is now offering its digital gift card through PayPal's Digital Gift store, which launched in early December.

Data through November, released Tuesday by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, showed stability in national default rates.

E-commerce site Snapdeal will launch its own payment gateway to serve Indian merchants and consumers within the next few months, aiming to reduce consumers' use of paper cash.

A long winter delay at an airport is a perfect opportunity for the businesses that operate there. And especially during the holiday season, NCR Corp. aims to make sure airport merchants are properly equipped to handle payments for harried travelers.

Conductors on the Eurostar high-speed train service in Europe are using iZettle chip and PIN mobile card readers to accept payments from passengers seeking an upgrade in travel class.

German smart card testing company Comprion will use a robotic arm to simulate use cases of Near Field Communication technology, which is used in some contactless and mobile payment schemes.

Swedish payment company Klarna has agreed to purchase German payment provider Sofort from Reimann Investors, Sofort's majority shareholder.