Technology

The Wisconsin Collectors Association is supporting a change to a state law that would raise interest rates for consumers who default on their debts.

Even though nonbanks seem to be taking the lead in the mobile wallet race, U.S. consumers still put more trust in banks to protect their money.

Google Wallet users who request the accompanying plastic card can activate that card through the wallet's mobile app, a process that will become increasingly common as mobile payments advance, experts say.

The payments industry is full of big ideas that haven't always found the right audience. As we enter 2014, a few trends are bringing new relevance to some older technologies.

Target Corp. said data related to shoppers' personal identification numbers was stolen during the recent breach of its debit and credit card system and that it's "confident" customers' accounts haven't been compromised because the information was encrypted.

Moscow-based cross channel payments provider Qiwi announced it has acquired 100% of Blestgroup Enterprises Limited.

Target Corp. faces almost two dozen lawsuits filed by customers after a computer security breach exposed data on 40 million debit and credit cards.

TipperCoin is attempting to combine two concepts that have faced strong headwinds in the past year: digital currency and Twitter-based payments.

Debit spending increased 12% on the shopping days following Thanksgiving, according to payments processor The Members Group.

Intuit's Mint.com, a personal financial management website that aggregates transaction data from multiple accounts, is scanning its data to identify and alert possible victims of the massive Target Corp. data breach.