Technology

Consumer spending climbed ahead of forecasts in September, which may help the U.S. overcome a stall in business investment and exports as global growth eases and concerns mount about the so-called fiscal cliff.

Parkmobile USA Inc. is making payment for metered parking spaces less expensive for its members in Washington, D.C. with a Parkmobile Wallet option for aggregating credit or debit card transactions.

Credit bureau and data verification provider Equifax has developed a service to help payment processors meet merchant validation requirements for new tax reporting obligations that went into effect this year.

Barnes & Noble was sued by a Chicago-area consumer over the possible illicit capture of her debit card PIN and those of other customers in Illinois and eight other U.S. states.

Group of merchants who accept the digital currency Bitcoin are planning their own Black Friday ahead of the holiday shopping season.

Security services firm ControlScan has partnered with payment processor Allifide Merchant Group to provide small and medium-sized businesses compliance services for Payment Card Industry security standards.

Banks in the path of Hurricane Sandy braced Sunday for the storm's arrival, while making plans to help their operations weather it without interruption.

Tim Murphy, chief product officer at MasterCard Inc., spoke to PaymentsSource about why the industry needs the EMV standard, as well as the various challenges facing his company as the payments ecosystem moves into a new, technology-driven era.

Payment processing technology provider SecureNet has launched an instant merchant account boarding software that allows the merchant to begin accepting payments immediately, rather than endure a two-day wait.

Walmart's senior director of payment services envisions a day without the physical point of sale.