Technology

Experian released findings Friday on the credit card and mortgage payment behaviors of consumers both nationally and in the top 30 Metropolitan Statistical Areas (MSAs).

A venture involving Visa Inc. and health care payments processor 3Pea International Inc. is enabling doctors’ offices and hospitals to provide prepaid cards to patients for use in paying copayments on prescription drugs to encourage repeat prescription refills.

ACI Worldwide Inc. is rolling out an upgraded version of its payments server that will boost security systems and marketing processes for retail clients, including the ability to offer consumers immediate rewards at the point of sale, a company executive says.

The latest forecast of mobile payment growth, from U.K. research company Visiongain, calls for $150 billion in mobile-phone-generated payments to take place globally by the end of this year. This is significantly larger than the estimate Gartner came out with last month, which predicted that worldwide mobile payment volume would total $86.1 billion in 2011.

An Australian credit union in Illawarra is trying to recover after several hundred members were victimized by a card-skimming operation.

An owner of a new restaurant likely would not hesitate to buy a $300 fire extinguisher to comply with local fire codes, but he might put off spending about half that much to ensure compliance with standards designed to protect customers’ credit card data, a new report suggests.

An owner of a new restaurant likely would not hesitate to buy a $300 fire extinguisher to comply with local fire codes, but he might put off spending about half that much to ensure compliance with standards designed to protect customers’ credit card data, a new report suggests.

Visa Inc.’s new U.S. EMV initiative will have far-reaching consequences for merchants and card issuers, but the other card networks may not follow it exactly in drawing their roadmaps for migrating to advanced chip card technologies, certain observers say.

To paraphrase Mark Twain, rumors of the demise of the decoupled-debit card may have been greatly exaggerated.

Consumer bankruptcies fell 18% nationwide in July compared with July 2010, according to the American Bankruptcy Institute, which pulls the data from the National Bankruptcy Research Center.