Technology

The credit card tech provider Paynet Systems has added a tool to its Credit Card Machine app that allows merchants to request reviews on social media at the end of a transaction.

Positive credit card charge-off trends resumed during May as the average charge-off rate for credit card receivables in securitized trusts fell, reaching its lowest point since October 2007, Moody's said June 22.

Views appear mixed on whether PCI compliance matters with mobile payment dongles, but one independent sales organization says adherence to the data-security standard is a no-brainer.

A new TransUnion study reveals that consumers who received mortgage modifications outperformed those who did not on new consumer loans that were opened after their initial mortgage delinquency.

MasterCard, with a headcount of 6,700, is taking some of its cues in mobile payments from the likes of PaidPiper, a six-month-old company with just 10 employees. The card network is relying in part on ideas from the start-up to design its software tools for developers in mobile payments.

Inside Secure is opening up a Near Field Communication technology patent-licensing program on the heels of another company exiting the sphere.

The Girl Scout troops are once again proving to be an ideal test case for mobile card acceptance.

With pilots nearly complete, mobile-imaging software provider Mitek Systems, perhaps best known for its check capture technology, expects the launch soon of similar imaging services to help users make payments instead of just deposits.

Microsoft Corp. appears to be gunning to increase its relatively low profile in smartphones by beating Apple Inc. in announcing an NFC-based mobile wallet.

Consumers are increasingly using payment cards at vending machines, and the owners of the devices are reaping the benefits through higher ticket sales and increased transaction volume.