Technology

American Express Co., the biggest credit-card issuer by purchases, posted a third-quarter profit that beat analysts’ estimates as customer spending climbed.

Capital One and General Motors are extending their co-branded card partnership with the introduction of a new GM MasterCard from Capital One.

MasterCard Inc. has certified On Track Innovations Ltd.’s Wave Near Field Communication device, which plugs into a phone's headphone jack to allow consumers to make contactless mobile payments.

If independent sales organizations aren't willing to shift their business models in the coming years, they'll go extinct in a payments industry bustling with aggressive, agile startups that skip the middleman and go directly to the merchant.

Mobile point of sale processor payworks and European hospitality technology provider Orderman are designing mobile terminals for chip-and-PIN cards.

MasterCard's Mobile Money Partnership Program (MMPP) has added Oberthur Technologies' MoreMagic subsidiary, a provider of financial services, security and identity management.

An analysis by Experian ranking the top metropolitan statistical areas in four key business credit categories found that the New York metro area had the lowest bankruptcy rate in the nation.

Square has officially launched its person-to-person payment system, Square Cash, which lets debit card users send funds by typing an email.

PayPal's plans to extend its payments business inside of stores includes technology that attempts to reduce the need for customers to wait in line at the cash register.

At 800 stores, the Checkers/Rally's fast-food chain may seem overshadowed by giants like McDonald's. But to CardFree, merchants of Checkers' size are ideal customers for its mobile payments technology.