Technology

Lawyers representing retail trade organizations in the class action over card swipe fees are preparing "a strong response" to allegations that they are misleading in how they urge their members to oppose the proposed settlement in the eight-year-long case.

The person VeriFone's board of directors chooses as its next CEO must move quickly to address the myriad challenges facing the point of sale terminal maker. But opportunities abound that make the company's revival a worthwhile undertaking.

ReD plans to introduce its fraud prevention services in Latin America and the Caribbean, two growing card payments markets that are undergoing migration to EMV smart cards.

MokiMobility, which offers outsourced tablet management, monitoring and security services, is partnering with iPad point of sale service provider Revel Systems to sell technology that meets new Payment Card Industry data security guidance for mobile transactions.

Bank-issued credit card delinquencies fell to 2.47% in the fourth quarter ended Dec. 31, the lowest mark since 1994, the American Bankers Association reported Tuesday.

Xoom is extending its new Pay Only When Received remittance procedure, or POWR, to Latin America and the Caribbean.

Online merchants reacted to Visa's creation of 3D Secure to protect card-not-present transactions more than a decade ago with a resounding thud. But the software has become a viable option to protect card data online, according to a new report from Aite Group.

Starbucks has hit some snags in its attempt to maintain momentum for its mobile card app and its deepening partnership with Square, but for the coffee giant, such issues are an expected part of its aggressive expansion plan.

The April 1, 2013 deadline for U.S. acquirer processors to accept EMV smart-card payments has arrived.

In a few short years, Starbucks became one of the most noteworthy companies in mobile payments. These 11 decisions are the key ingredients in its strategy.