Technology

Indian banks have seen incidents of ATM-skimming rise substantially over the past month, even as they have scrambled to warn their cardholders and increase their safety measures.

Ongoing economic turmoil in Europe has hit the card networks unevenly so far.

WASHINGTON–With its nonbank supervision program finally under way, the Consumer Financial Protection Bureau wants to bring debt collectors and consumer reporting firms under its oversight umbrella.

Hey, Visa and PayPal, pay attention here.

In a move Barclays Bank PLC hopes will make consumers wonder how they ever used to exchange funds with one another, the United Kingdom-based bank is making mobile funds transfers available to all UK bank accountholders through a free software application called Pingit.

Is the competitive pressure from alternative payment rivals getting to Visa Inc. execs?

Independent sales organizations now may offer merchants a security package that combines breach protection, consulting services and software that scans computers for unprotected card data.

The front-end authorization and capture and the back-end clearing and settlement platforms at Total System Services Inc., or TSYS, are now enabled to process American Express OnePoint transactions, the processor announced Feb. 16.

As Google Inc. learned in the past week, the security problems with mobile wallets are thorny and complex.

Industry analysts have called 2012 a possible “breakthrough year” in the payments industry for Near Field Communication technology.