Technology

VeriFone Systems Inc. is supplying a Turkish gasoline retailer with unattended pay-at-the-pump payment terminals, VeriFone announced May 18.

VersaPay Corp. will provide credit card processing services to Flight Network, a major online travel site in Canada, under a deal the companies announced May 18.

Mechanics Bank of Richmond, Calif., has chosen fraud-protection product from VSoft Corp., the vendor announced May 18.

In the rush to offer mobile banking to as many customers as possible, several banks have taken a fragmented approach, making different apps for separate regions, customer bases and even different functions tied to the same account. But a startup says it doesn't have to be that way.

WASHINGTON — Although Senate leaders have confirmed they will allow a floor vote soon on delaying interchange fee restrictions, the timing, outcome and vehicle for suspending the proposed cap are still anyone's guesses.

Dramatic reductions in credit card bad-debt and total expenses, plus gains in customer use of private-label cards within its stores driven by a 5% rewards discount launched in October, helped boost fiscal first quarter profitability within Target Corp.’s Credit Card segment.

InComm Inc. plans to develop local prepaid products in Brazil through an agreement it announced May 17 with prepaid card provider Unik S.A.

WASHINGTON – Senate Majority Leader Harry Reid plans to hold a vote on a proposal to delay the cap on debit fees, even as the Senate leader says he is opposed to the delay.

Police in Oakland, Calif., shut down an alleged identity theft operation that involved potentially thousands of Bay Area victims, The Oakland Tribune reported Monday.

The average U.S. credit card charge-off rate in April likely fell again as it headed toward historic lows, suggest preliminary monthly account-default data from the nation’s top credit card issuers Moody’s Investors Service analyzed.