Technology

The Reserve Bank of India has reduced the time banks have to resolve problems stemming from failed ATM transactions, according to a May 27 notice from the country’s central bank.

American Express Co.’s top executive on June 1 poked proverbial holes in Google Inc.’s new mobile wallet, arguing in favor of a competing payments system his company is testing.

Silicon Valley Bank has joined the small number of U.S. banks that offer U.S. residents EMV chip cards, more commonly issued overseas.

Mobile-banking customers are three times more likely to use mobile payments than are consumers generally, new research shows.

Mobile-banking customers are three times more likely to use mobile payments than are consumers generally, new research shows.

The National Retail Federation launched radio campaigns in several states Tuesday to urge senators to oppose the delay of debit card interchange caps.

Online gaming company Nvinium Games Inc. is installing a payments service enabling parents to set limits on how much their children can spend on specific e-commerce websites.

Direct marketing company Vertrue Inc. and its subsidiary Adaptive Marketing LLC have agreed to a settlement stemming from a class-action lawsuit over enrolling debit cardholders in fee-based membership programs.

PayPal Inc. on May 26 said it has been selected as a payout option for third-party developers redeeming Facebook credits, Facebook Inc.’s online currency.

The estimated number of collection agencies and creditors that were sued in the April 16-30 period jumped to 540 compared with 504 in the first half of April, according to data from U.S. District Courts.