Technology

BillMyParents is working with Extole to promote the SpendSmart card for teens. BillMyParents' card provides parents with real-time notices of teens' purchases and allows parents to shut off the card's ability to transact.

Credit unions must adjust soon to the impact of mobile payments, which can disrupt their revenue from traditional payment systems like credit and debit cards.

Small merchants often have only the foggiest notion of what constitutes a secure electronic payment, so a security vendor specializing in Payment Card Industry data-security standards compliance is providing a primer on the subject.

More consumers are saying yes to new credit lines as lenders slightly loosen loan standards they cinched tight in the wake of the recession. But the market is unlikely to see a return to runaway credit card debt.

Total System Services Inc. wants to put itself in a position to take advantage of growth in mobile payments and banking.

A regional credit union in Florida burned a few years ago by high counterfeit card losses says it has cut its actual losses to one-third what they were before deploying a fraud-prevention service earlier this year.

Defendants in a debt collection operation that allegedly sought payment for bogus magazine subscription debts have settled with the Federal Trade Commission.

Phoenix Managed Networks has secured the services of a Canadian payments company to distribute routers and software for its PaySecure fraud-prevention service, the payment network services provider announced May 15.

A tokenization services vendor has shifted its emphasis from the core to the edge of retailers’ computer systems and is seeking independent sales organizations to promote its product.

UK firms have sped up their late bill paying processes, according to the latest figures from market watcher Experian.