Technology

As new mobile payment options storm the market, plastic cards refuse to bend, according to a new study of consumer habits.

Virtual Piggy will deploy Kount's fraud management technology to provide payments security.

LiveVox Inc., the leading provider of cloud contact center solutions for enterprise operations, announced Tuesday that John McNamara, LiveVox Chief Marketing Officer, will join veteran operations and strategy leaders on a panel at the 2013 Financial Services Credit and Collections (FSCC) Conference in Chicago.

Oberthur Technologies is joining the Fast Identity Online Alliance as a member of the FIDO board of directors.

Revel is offering PayPal’s mobile payment capabilities as an integrated service within the Revel point of sale system.

VeriFone Systems and National Payment Card Association (NPCA) have launched a payments and rewards product that supports mobile payments at gas stations.

Gun sellers, medical marijuana shops, pornography sites, bitcoin exchanges and mug-shot galleries share a common stigma — many payments companies refuse to do business with them, whether or not they run afoul of the law.

At $12 billion in deposits, FirstBank narrowly misses being ranked among the top 50 banks. But it's rubbing shoulders with the top three as it becomes first non-founding member of the clearXchange person-to-person payments network.

October can be a frightening month, and not just because of Halloween. In two years, the October deadline for EMV card acceptance will hit, leaving most merchants on the hook for fraud if they have not begun accepting smart-chip cards.

Visa plans to parlay its investment in Near Field Communication technology in Australia through a venture with the top telcos and numerous handset manufacturers to establish contactless payments.