Technology

Double-digit growth in funds-transfer revenue, transaction volume and agent locations helped create a significant boost in MoneyGram International Inc. second-quarter net income

Visa Inc. is overhauling its pricing to spur merchants to route transactions its way and defend a dominant share of the U.S. debit card market, a position endangered by new regulations.

Record second-quarter highs in processing sales volume and net revenue have Heartland Payment Systems Inc. executives singing the praises of a retooled sales force and diligence in monitoring expenses.

Helped by strong growth in purchase volume outside the U.S., Visa Inc. on July 27 reported healthy across-the-board fiscal third quarter transaction growth.

U.S. consumer bankcard delinquencies hit a record low in June, while charge-off rates also improved again, according to data Moody’s Investors Service released July 28.

Payments processor Heartland Payments System Inc. on July 28 said it expects its 2011 earnings to be higher than it previously forecasted after reporting a jump in second-quarter profit and sales.

Hacking suspects may blame their arrests on having picked the wrong target.

Spend some time in Apple's App Store browsing the free online banking apps for the iPad, and you see a quite a few iPhone apps masquerading as iPad apps, failing to take advantage of the iPad's bigger screen and ability to host more sophisticated graphics.

Visa Inc.’s fiscal third-quarter net income rose 40.4% from a year earlier due partly to a gain it recognized from the revaluation of a deal with Visa Europe.

The finalization of new debit card regulations likely will provide a tailwind to bank technology spending later this year, according to the top executive of vendor Fiserv Inc.