Technology

A federal judge granted preliminary approval Friday to the proposed settlement of a massive lawsuit brought by retailers against Visa, MasterCard and banks that issue their cards.

Google has reinvented its mobile wallet a few times, and its latest reinvention, a rumored plastic card, raises questions about the mobile-pay product’s direction.

For retailers, buying a new point of sale payment system is becoming as easy as buying a stapler or a sheaf of paper. Staples has begun selling several pieces of hardware revolving around NCR’s point of sale system called Silver.

At first, payments players were wary of the LevelUp mobile-pay system, but the startup behind it is fast building relationships with the very companies it could potentially disrupt.

Discover Financial Services will pilot Natural Security’s hands-free biometrics payment system at its Riverwoods, Ill., headquarters, the companies announced this week.

Several months after Starbucks announced it was investing $25 million in Square, it has begun accepting the mobile-pay company's digital wallet at its roughly 7,000 retail stores.

Payments provider Elavon will use Ingenico's new Telium2 series countertop and wireless terminals for its customers in the U.S. and Puerto Rico.

VeriFone announced that Glob Taxi Co. of Warsaw, Poland has chosen its payments technology for in-cab transactions.

Longtime bank critic Elizabeth Warren won her fight for a Senate seat late Tuesday, marking the end of a grueling and expensive campaign.

With a community-based state charter, Veridian Credit Union isn’t supposed to have members outside its market in Iowa. And yet the credit union has been handling funds nationwide for the alternative payment company Dwolla since 2009.