Technology

A security breach that struck Fidelity National Information Services, or FIS, a year ago still has ripple effects on the core platform provider, which reported its first-quarter earnings April 26 (see story).

In its first earnings release as a public company, Vantiv Inc. posted a 23% increase in first quarter net revenue, thanks mainly to merchant services.

Digital security provider Gemalto N.V. anticipates its new partnership with three companies in Mexico will provide more opportunities throughout Latin America to help provide mobile financial services.

Fidelity National Information Services Inc., or FIS, reported April 26 a first-quarter profit of $95.8 million, down less than 0.3% from $96.1 million a year earlier, as corporate expenses climbed.

This article has been updated from its original version.

The U.S. may be facing a migration to EMV chip cards over the next few years, but few issuers or merchants have yet to reach out for assistance, the chairman and CEO of Total System Services Inc., or TSYS, told analysts April 24.

Much speculation unfolded about what the loss Green Dot Corp.’s processing business might do to Total System Services Inc. But the company showed no signs of immediate concern in reporting a modest first quarter increase in revenue April 24.

In the interval before the U.S. broadly adopts the EMV chip card standard or devises more-secure online card-payment technologies, certain vendors are hoping to make some hay.

Large corporations increasingly need better mobile channels to collect small payments on the fly from customers in the field.

For many banks, deciding what new mobile-banking features to offer is a matter of following competitors’ moves or waiting to see what technology their core banking vendor begins to offer.