Technology

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

ORLANDO–If the annual Card Forum and Expo staged here last week were a car on a family trip, attendees played the roles of restless kids in the backseat asking, “Are we there yet?”

ORLANDO–Credit and debit sales volumes have been crisscrossing over the past 17 months, but without an obvious explanation.

Less than one-third of U.S. consumers have used their phones to make payments, whereas two thirds of consumers in China have, new data show.

Payments technology company Jumio has secured an additional round of funding led by a division of Citigroup Inc.

The Payment Card Industry Security Standards Council plans to begin training and certifying integrators and resellers of payments-security software to address data security gaps software installers may cause, the council announced May 10.

In a deal that could enhance shopping at one of China’s leading supermarket chains, China PnR Mobile Payments Solutions Pvt. Ltd. recently announced it would provide supermarket retailer Suning Tesco Inc. with mobile-payment services.

ACA International announced Wednesday it "strongly disagrees" with a National Consumer Law Center (NCLC) report on student loan collections, calling it an "inaccurate portrait of debt collection created to further its agenda."

Hospital operator Tenet Healthcare Corp.'s first quarter earnings fell 20.5% reflecting mainly higher bad debt expenses, despite an estimated 2% rise in revenues.

I recently introduced the MasterCard Mobile Payments Readiness Index (see story) to a group of c-level bankers, and told them that one of our top-level findings is that it's the early days for mobile payments.