Technology

An FBI official said Wednesday that the volume of cyber threats the country faces has increased dramatically over the past decade — so much so that the agency is reaching out to bankers for their input and help.

European Union antitrust regulators invited comments on Visa Europe Ltd.’s offer to cut “significantly” the fees it sets for processing cross-border credit-card payments in a bid to end an EU antitrust probe.

Many small merchants operate a website not conducive to accepting payments on mobile devices, and many have not upgraded point of sale terminals to accept mobile payments.

Square Inc. has redesigned its mobile payment app, displaying its merchants as thumbnail images instead of as a list and placing a greater emphasis on discounts and loyalty.

Merchants, acquirers and issuers are preparing to handle EMV-chip debit cards that carry three application identifier codes — from Visa, MasterCard and Discover — as an earlier push to use one common code remains unresolved.

Corduro has added technology to its PayMobile app to locate and attract nearby customers when a merchant's business is slow.

ZenPayroll has launched a contractor payments service that includes direct deposit and tax reporting.

Zipmark CEO Jay Bhattacharya describes how payments innovation, from PayPal to the present, is changing the way merchants do business.

Visa Inc. and Ethoca Ltd. have partnered in an effort to thwart online payment fraud attempts, which they expect to increase as the U.S. shifts to the EMV-chip card standard at the point of sale.

Healthcare payment provider PaySpan has released the United Benefits Card, a payments card that's designed to also replace member ID cards, paper checks and other cards used in healthcare, such as wellness incentive cards.