Technology

An ISO based in Southern California is using LeafPresenter point-of-sale tablets to differentiate itself from competitors and save money for merchants.

Visa Inc. and MasterCard Inc. don’t infringe a patent owned by SmartMetric Inc., a company that had sought as much as $13.4 billion for alleged use of its technology in “smart” debit and credit cards.

The mobile carrier Sprint is launching Pinsight Touch, a national, open platform for securely storing and accessing credentials on a mobile device.

The U.S. Postal Service defaulted on a $5.6 billion payment for retiree health benefits that was due Monday.Postmaster General Patrick Donahoe told the Senate Committee on Homeland Security and Government Affairs last month that the default was going to happen.

Subway sandwich shops are using Paydiant's mobile payments, offers and loyalty platform as part of the restaurant chain's mobile wallet app, which it plans to launch this year.

The only way for the payments industry to thwart future hackers is to create a system that can adapt quickly to unanticipated threats – but many companies still struggle with the costs of handling their basic security needs.

The original iPhone revolutionized consumer technology and breathed life into the market for mobile payments — but the newest iPhone's most futuristic feature may signal a growing problem for banks and card networks.

MasterCard is adapting its rewards technology to better suit a world that's swimming in smartphones and abundant in app developers.

CardFlight, a mobile payments hardware and software developer, raised $1.6 million in funding from New York-based ff Venture Capital.

Bad guys are very good at sharing technology and systems that work with other criminal networks — and payments companies can suffer if they embrace the same technology without realizing how it is being exploited.