Technology

Issuers of store-branded credit cards are facing new regulatory scrutiny over big retroactive interest charges that can hit borrowers at the end of a promotional period.

Consumers continue to view their banks as a trusted payments provider, but they view PayPal Inc. as the nonbank to trust the most.

Scandinavian Airlines (SAS) wants to drastically boost membership in its loyalty program, a move that will necessitate going well beyond its typical geographic and demographic boundaries.

Dunn Brothers Coffee has rolled out a mobile payments and loyalty app across its network of 80 locally-owned shops.

VeriFone and Lilitab have developed a self-service payment kiosk that is certified to connect to Apple devices such as iPhones, iPads and iPods.

General Payment Systems will provide kiosk-based payment and tracking technology for probation needs through CSRA Probation Services, which serves about 60 state courts in Georgia.

Financial institutions rely on debit cards to create consumer loyalty and engagement, and the product's business case hasn't been diminished by rising costs and regulatory uncertainty.

One-size-fits-all mobile card readers and apps won't cut it for many merchants, says Scott Holt, a vice president at mobile point of sale company Roam.

With its purchase of NetSpend closed, the processor Total System Services (TSYS) is beginning to use the prepaid card marketer as a lure for financial institutions and merchants.

The migration to EMV cards in the United States remains complicated by the unresolved legal issues surrounding the Durbin Amendment's implementation.