Technology

Target Corp. is testing the sale of co-branded prepaid cards with American Express Co. in more than 100 stores, the companies confirmed on Friday.

WASHINGTON — With some major banks now considering chip-card technology, fraud is expected to gravitate to less-secure cards.

A Virginia circuit court awarded $5.3 million in damages to the former chief executive and chairman of banking technology vendor Online Resources Corp. in an employment lawsuit he filed against the company.

Endeca Technologies Inc. said its Endeca Mobile Commerce system is being used by Sallie Mae's Upromise for mobile rewards.

PayPal Inc. has acquired mobile payments startup Fig Card Corp., the company announced on its blog April 28.

Independent sales organizations may increase their profit potential from cash-advance loans, which merchants pay back using future card receivables, by taking on more of the risk, observers say.

The prepaid card marketer Green Dot Corp. is putting more muscle into its expansion beyond retail checkout lanes.

Cardtronics Inc. saw its net income rise 55%, to $6.5 million for the first quarter ended March 31 from $4.2 million during the same period a year earlier, the company announced April 28.

Combining targeted online marketing with social media, Discover Financial Services will begin paying a $50 bounty during the first week of May for each referral who becomes a cardholder, according to a company executive.

Citibank announced Thursday it is hiring up to 1,400 debt collectors in Indonesia after the country's central bank found irregularities in the bank’s collection practices handled by third-party collectors.