Technology

The online payment provider eLayaway Inc. said on Monday that it would join the Secure Vault Payments network and offer the service to its customers in the fourth quarter.

With membership expanding from 11 companies to 16 companies in the last 60 days, the North American Merchant Cash Advance Association is becoming the voice of the emerging industry, its leader says.

At least three of the nation’s largest credit card issuers, as a result of their strategic actions and market positioning, may eke out growth this year despite the sluggish economy, according to a new report from Keefe, Bruyette and Woods.

S1 Corp. has postponed the shareholder meeting it scheduled to vote on its planned merger with Fundtech Ltd.

Of the hundreds of thousands of words in the Dodd-Frank Act, none has caused as much consternation as the seven-letter one tucked into Title 10: abusive.

South Africa’s First National Bank Ltd on Sept. 7 unveiled what it says is the nation’s first service enabling its customers to send funds to one another using only a cell phone number.

The Indian government reportedly has approved plans to establish a single electronic-payments gateway to accommodate the processing of all state and central government services by the end of the fiscal year.

Having a smartphone equipped for mobile payments with multiple payment options could weaken the impact of card brands, according to a new report from Morningstar Inc.

A new bulletin from Visa indicates that it is increasingly concerned about point of sale terminals being adapted to steal card data over Bluetooth connections.

Banks that want to reel in retail customers who have gravitated to others' credit cards and card issuers eager to steal competitors' customers have a new weapon: technology from Mitek that lets customers transfer card balances by simply taking a picture of their credit card bill with their mobile device.