Technology

Acquirers and independent sales organizations can generate more revenue by closely studying what security levels their merchants need, according to a new survey.

Payline Data wants to add smaller businesses to its roster of merchant services clients, and figures "no swipe" mobile payments is good way to get in the door.

Online payment provider Acculynk is offering online merchants a real-time service to make payments directly to the debit card account of small businesses or individuals.

The recent spate of retailer data breaches demonstrates the need to embrace security methods such as EMV-chip cards and tokenization to protect transactions, Visa CEO Charlie Scharf told investors on Jan. 30.

Merchants can't pass the blame for data breaches onto financial institutions because protecting consumers is a shared responsibility where both sides have to meet their responsibilities.

PayPal says it did not divulge credit card information from a customer who contends PayPal exploited in a scheme to force him to give up his Twitter handle, "@N."

Starbucks CEO Howard Schultz is changing his responsibilities to place a greater emphasis on mobile payments and other digital initiatives.

Starbucks CFO Troy Alstead has been promoted to become the company's chief operating officer, a new position, in a move meant to place more emphasis on the coffee company's digital and mobile plans.

Richard Cordray, the Consumer Financial Protection Bureau's normally unflappable director, reacted angrily Tuesday to suggestions by lawmakers that he and his agency do not care about borrowers who purchase manufactured housing.

Electronic payment and banking technology provider ACI Worldwide is working with Integrated Research to develop new performance management software.