Technology

Apple has over 300 retail stores, but it relies heavily on mobile devices — not just cash registers — to handle payments in its aisles. Intuit's latest update to QuickBooks Point of Sale allows its small-merchant clients to duplicate Apple's model.

Corporations, not consumers, are coming under increasing attack from fraudsters reaping results from a bumper crop of information stolen in a wave of major data breaches within the past two years.

Cartera Commerce has received $12.2 million in funding from a group of investors led by Comvest Group, the loyalty-shopping platform provider announced June 5.

Consumer gloom about the economy appears to be putting a damper on credit card borrowing.

A data breach against a well-known payments processor assuredly triggers concern about what processors are or aren’t doing to protect stored data.

Sales of homes that were in some stage of foreclosure or bank owned accounted for 26% of all residential sales during the first quarter ended March 31 - up from 22% of all sales in the fourth quarter and up from 25% of all sales in the year-ago period, according to RealtyTrac's U.S. Foreclosure Sales Report. RealtyTrac is an online marketplace for foreclosure properties.

The CEO of ZooZ admits that he wasn't thinking of the prominent Zeus malware, which targets bank accounts, when he named his payments company. But he was absolutely thinking of security.

United Bank & Trust of Ann Arbor, Mich., has expanded its use of PhoneFactor to its business customers to help prevent fraudulent wire or automated clearing house transfers.

Analysts anticipate stable earnings in the year ahead for large-cap banks, despite fears over Europe that have cut into share prices. Analysts have also penciled in strong earnings growth for 2013 and 2014, though they've trimmed expectations for companies like JPMorgan, B of A and Citi.

How long can a good thing last? Write-offs of credit card loans already have plunged below levels issuers consider sustainable. Continued improvement in delinquencies points to a further dip in loss rates in the months ahead.