Technology

Increased consumer spending on credit cards in North America and Europe was enough to have executives from Total System Services Inc. singing the praises of solid fourth-quarter earnings and, for the time being, soft-pedaling the potential future loss of Green Dot Corp.’s processing business.

Mortgage and home equity lines of credit delinquencies are predicted to rise, according to bank risk executives polled by the Professional Risk Managers' International Association, in a survey sponsored by FICO.

Green Dot Corp. has purchased some assets of eCommLink, allowing it to move its processing in-house, the Prepaid card marketer said Jan. 24.

Bank of America Corp. is working with Cardlytics Inc. to test an online rewards system called BankAmeriDeals.

Client-transaction volume increases fueled card processing revenue, resulting in a 7.3% increase in fourth quarter revenue for Total Systems Services Inc., or TSYS, the company announced Jan. 24.

The Justice Department has again delayed its decision on the ACI Worldwide Inc. acquisition of S1 Corp., prompting ACI to extend the closing of the acquisition until Feb. 10.

The dollar volume of online fraud rose last year, but actual incidents of fraud dropped, according to a report released Jan. 24 by CyberSource Corp., a unit of Visa Inc.

A new report from Experian points to improvement in business performance in most categories in the fourth quarter ended Dec. 31 compared with the previous quarter.

It may be as close to a David versus Goliath story that the payments industry can muster in the United Kingdom.

The city of Franklin, Tennessee wants to hire a collection agency to help chase outstanding fines and court costs.