Technology

Coordinated cyberattacks against financial institutions are not likely to disappear anytime soon, but a recent surge unfolding in Brazil should heighten payments industry security awareness in light of the country’s growing electronic-payments market.

Sage Group PLC plans to provide cardholder-present payments processing in the United Kingdom and Ireland through a £16.7 million (U.S. $26.3 million) purchase of Dublin-based Integral Computers Ltd., the software provider announced Feb. 7.

A settlement between NCO Financial Systems and 19 states will result in the company paying up to $1.5 million in restitution to the various state's AG offices and consumers.

Navigant Credit Union has chosen Fiserv Inc.’s Acumen account processing service with ASP delivery.

MoneyGram International Inc. once again produced strong revenue growth during the fourth quarter fueled by introducing funds-transfer services to developing nations. But costs associated with retiring debt and restructuring the company to become more competitive cut deeply into its profits during the quarter.

For a product claiming to protect consumers from unforeseen misfortunes, banks' credit card payment-protection plans have made plenty of enemies. A federal probe could give those opponents the upper hand for the first time.

Datacard Group has made an investment in DeviceFidelity Inc., the maker of instant card-issuance technology announced Feb. 6.

A new service from Visa Inc. will help issuing banks get a security boost from chip cards without the costly and time-consuming technology investments that normally would be required.

This story was updated Feb. 6 to clarify the status of Fiserv's relationship with Bank of America Corp.

Mankind’s standard device for remembering, and ultimately accomplishing, tasks at hand may forever be the “to-do list.”