Technology

Mobile payment is revolutionizing the payments industry, suggests the widespread sentiment among industry insiders and observers.

As automated clearinghouse volume increases, securing ACH payments is becoming more difficult, particularly because mobile-payment providers and businesses are increasing their use of ACH payments to achieve speedy processing.

As automated clearinghouse volume increases, securing ACH payments is becoming more difficult, particularly because mobile-payment providers and businesses are increasing their use of ACH payments to achieve speedy processing.

Consumer confidence was flat in April, as more people saw their personal finances improving, while the effect of higher gas prices may have contributed to declining attitudes about the overall economy, according to the Discover U.S. Spending Monitor, a poll that tracks economic confidence and spending intentions for nearly 8,200 consumers.

Establishing a data center in Amsterdam will allow Iovation Inc. to provide faster fraud protection for its European clients. But it also will put the online security provider in the heart of a growing global fraud menace.

Electronic payments products are boosting revenue for core providers Fiserv Inc. and Jack Henry & Associates.

Nebo Djurdjevic figures recent developments affecting the cost of doing business in the U.S. payments industry have opened a door for his software company.

Jack Henry & Associates announced strong growth in electronic payments services, which helped it increase revenue and profits for its fiscal third quarter, which ended March 31.

Fleet card provider Wright Express’ execution of a multipronged strategy for revenue growth paid dividends with significant boosts in first-quarter revenues and profit. Investors, however, didn’t seem impressed.

First Data Corp. on May 2 reported a first-quarter loss of $153 million, narrowing from a loss of $217 million a year earlier, as its operating income improved.