Technology

Roughly half of adults in major global markets are interested in mobile payments because of the ease and simplicity they offer, but significant doubts persist about mobile-payment security, according to a study of consumers in the U.S., Canada, Great Britain, Germany and Malaysia released in early October.

The recent spate of credit card portfolio sales is helping boost more than just the buyers and seller. The behind-the-scenes players are seeing potential opportunities, too.

All South Korean point-of-sale terminals now accept China UnionPay cards through a deal with South Korea’s BC Card Co., the companies announced Oct. 21.

Accepting card payments with a mobile phone is becoming as American as baseball and apple pie now that Wal-Mart Stores Inc. is selling the Square Inc. reader that turns any smartphone into a card-acceptance device.

Travelex Global Business Payments Inc. is using new software to offer an online payment program designed to save U.S. universities time and money by eliminating manual tracking when various exchange fees cause an international student’s payments to be less than what is owed, the Washington, D.C.-based company announced Oct. 13.

Performance reports from Oct. 17 seemed to confirm the new equilibrium in the credit card universe.

Security Service Federal Credit Union has signed with VSoft Corp. to implement the company’s back counter capture and ATM remote deposit capture services to decrease response times and improve employee and member experiences.

Experian PLC published a report Monday that showed business insolvencies across the United Kingdom rose in September as the country continues to be affected by economic troubles and the euro zone crisis.

The Commercial Collection Agency Association (CCAA) of the Commercial Law League of America reported Monday that members saw a year-over-year decline of 21% in the volume of accounts placed for collection, according to Annette Waggoner, executive director at CCAA.

Eliminating the need for Near Field Communication hardware or computer chips, French electronic transactions provider Tagattitude is using digital sounds at the point of sale to accommodate mobile payments without storing card data in smartphones, the company announced Oct. 19.