Technology

In an effort to make the technical aspects of credit card security compliance easier for its small-business customers, Century Payments Inc. will put Trustwave fraud-protection programs in place within three months, the company said Sept. 7.

Zimbabwe’s Econet Wireless Ltd. is developing a mobile-payment system designed for small-ticket transactions in that country, the telecommunication company announced Sept. 6.

To help meet rising consumer demand in China, payment-services provider 99Bill Corp. has upgraded its 99Bill+ payment platform to additionally support payments initiated with tablets and smartphones.

In a long-awaited showdown over the future of the Consumer Financial Protection Bureau on Tuesday, Republicans and Democrats sparred over whether the Senate should proceed with the nomination of the bureau's first director.

Andrews FCU on Wednesday announced it is rolling out a Globe Trek Visa Rewards credit card with both magnetic strip and the Europay, MasterCard and Visa EMV technology, also known as Chip and PIN.

VeriFone Systems Inc. continues to show positive quarterly results in terms of revenue and net income, and company executives expect the trend to continue as contactless mobile payments grow worldwide and EMV chip-and-PIN takes hold in the United States.

Amid a resurgence of interest in issuing private-label credit cards and noteworthy behavioral shifts affecting consumer creditworthiness, First Data Corp. is adopting a new instant-credit decisioning and underwriting system from Zoot Enterprises Inc., the two companies announced Sept. 7.

Total System Services Inc., or TSYS, has signed a long-term agreement with Clearent LLC to extend their merchant services processing relationship, TSYS announced Sept. 7.

ACI Worldwide Inc. and Fundtech Ltd. are squaring off in a protracted and very public tug of war over a combination with S1 Corp., and the prize could go to either company.

Equifax Inc. has acquired Datum, a Costa Rican credit reporting company.