Technology

Credit card delinquencies fell to their lowest point in 17 years in the second quarter as consumers remained cautious about taking on more debt and issuers continued their conservative approach to lending, TransUnion Corp. said Aug. 16.

Isis, the telecommunication consortium intent on offering a mobile-payment scheme, is building out a wider range of mobile-wallet capabilities to keep up with its aggressive rival, Google Inc.

S1 Corp. and ACI Worldwide Inc. are each trying to win over shareholders in their ongoing merger feud.

Google Inc.’s Aug. 15 announcement of an agreement to acquire Motorola Mobility Holdings strengthens Google’s position in mobile payments, one observer says.

U.S. consumers continue to show greater discipline in making on-time credit card payments compared with their mortgage payments as part of a phenomenon that began with the most recent recession, new Experian data show.

When Pago Mobile Inc. launched its mobile wallet with 53 merchants in Mountain View, Calif., last week, initial industry reaction focused on the smaller payments-application company venturing into turf more commonly associated with Google Inc. in northern California.

Closing out the tab in a busy restaurant or bar just got easier with the help of a mobile-payments application appropriately called “Tabbedout” from ATX Innovation Inc.

A former waiter at a TGI Friday’s restaurant in Maryland has been indicted on 16 counts of identity theft, theft and conspiracy to commit theft in a credit card skimming scheme that prosecutors say affected 73 individuals.

Payments-software provider Distra Pty. Ltd. of Sydney, Australia, is hiring a U.S.-based staff and has opened an office in Atlanta, the company announced recently.

With Google Inc.’s Aug. 15 announcement of an agreement to acquire Motorola Mobility Holdings, the search giant potentially has turbocharged its mobile-payment plans.