Technology

Fiserv is adding a host of mobile tools to its UChoose Rewards bankcard loyalty program, starting with a mobile app that lets customers redeem their rewards points on the spot in stores.

Borrowers who owe more than their properties are worth continue to struggle to pay off debts incurred during the real estate bubble as buildings’ values have plummeted as much as 37% from 2007 peaks.

The Olympics and other attractions are not just proving grounds for athletes — stadiums, amusement parks and concert halls provide the perfect conditions to test new payment technologies.

With payments players studying closely every move Apple Inc. makes, reports out July 27 that the computer giant will buy biometrics developer AuthenTec Inc. sparked speculation about the potential payments capabilities of the iPhone 5.

Visa Inc.'s debit card payment volume declined again during the quarter ended June 30 as a result of a new debit network routing rule, but the worst effects of that trend are over, according to Visa CEO Joe Saunders.

Gary Peterson used to discourage merchants from accepting Discover cards. He resented the card brand because its 800-member sales force competed with his independent sales organization. But those bad old days of the '90s have ended

Facebook is becoming the first big technology provider to reward hackers who uncover vulnerabilities on its own corporate network. The company has created added allure by distributing the payments on Visa-branded debit cards that look like Amex's invitation-only Centurion cards.

When data security vendor Trustwave introduced its newest software, the mission was fairly clear — help merchants keep abreast of Payment Card Industry data security requirements.

Fitch Ratings expects personal bankruptcy filings will decline by 11% this year, citing data indicating filings were well below initial expectations in the first half of the year.

TSYS' net income rose in the second quarter by 24.4%, to $68 million, from a year earlier as it prepares for a strong pipeline of new accounts.