Technology

Doug Bergeron will step down from his roles as CEO and a board member at VeriFone, effective March 12, the point of sale terminal maker said today.

Payment systems provider ACI Worldwide has completed its acquisition of Online Resources Corp. in an all cash transaction for $3.85 per share—a deal that adds payments and financial services bulk to ACI.

Samsung and Visa will likely demonstrate the full potential of their contactless mobile payments alliance at this week’s unveiling of the Samsung Galaxy S IV smartphone.

VantageScore's new credit scoring model ignores accounts that were referred to collection agencies but then paid off. The company cites cold, hard numbers for its decision to drop a controversial practice.

American Express is doing a lot to shed its image as the card for the elite. In recent years Amex has worked with Twitter, Facebook, Foursquare, video game companies and other new partners to win the favor of young adults.

Michael Duffy, president of Chase Paymentech, passed away Thursday night. He was 54. Dan Charron, the executive vice president of client services, has assumed the role of acting head of the Dallas-based merchant acquirer subsidiary of JPMorgan Chase.

After spending eight years analyzing potential fraud factors of online transactions, Iovation Inc. says it is now ready to immediately tell clients which shoppers they can trust based on the devices they use.

A federal court has banned a California-based company from providing modification services for auto loans and for any other type of debt.

With so much attention on cybercrime, it may be surprising to realize plastic cards remain an appealing target for theft.

Vacation property rental companies and bed-and-breakfast operators will now be able to accept online payments as they book clients through cloud-based WebReserv.com.