Technology

Visa Inc. announced adjusted quarterly net income of $1 billion on Wednesday, up nearly 14% from the same period last year, as revenues grew by 15%.

Vantiv, the payments processor, is buying Litle & Co., which processes payments for companies that sell to goods and services to consumers via the Internet, for $361 million.

Fundtech announced Tuesday that its payments platform is compatible with two Oracle database products.

Government benefits departments in Canada can now instantly issue open-loop, reloadable prepaid cards, which reduce costs by eliminating the need for checks.

California-based Tipalti offers an automated mass payment system for companies to send money with a wide range of payment methods to their partners all over the world.

Aiming to bring confidence to the secure mobile services space, Fime launched its GlobalPlatform trusted execution environment, or TEE, test tool Wednesday.

The second-largest payments network, which reported $772 million in third-quarter profits on Wednesday, has room to grow internationally.

EMC has agreed to buy Silver Tail Systems, a privately held company that helps clients fend off fraudsters and Web-based attackers.

MasterCard posted a third-quarter profit that beat analysts' estimates as U.S. consumer spending increased.

After more than a year of planning and regulatory scrutiny, a United Kingdom mobile commerce joint venture called Project Oscar isn’t quite ready to call itself a mobile wallet or payments service.