Technology

WASHINGTON — While the banking industry clearly has momentum on its side in the fight to delay a rule that would limit debit interchange fees, time for Congress to act is rapidly running out.

American Express Co. is hitting the streets in Eugene, Ore., to promote Serve, its digital wallet for those consumers who are turned off by the elite branding of its main product line.

Trustwave Holdings Inc. needs to raise money and apparently believes the nation’s economic environment has improved just enough for an initial public offering to achieve that goal, one analyst contends.

Credit quality is improving for Capital One Financial Corp., but the bank and card issuer expects loan growth to continue to be slow as competition for new customers intensifies.

Square Inc. is making its smartphone magnetic stripe card reader available through Apple Inc.’s stores and website, but the move has left one observer unimpressed.

Green Dot Corp. has established a new division to serve government agencies.

Many banks' mobile strategies have hinged on getting smartphone applications to market as fast as possible, but now the early adopters are moving on to the next step — making sure those apps live up to consumers' expectations.

Seeking to reassure investors that the effects of the recent cyberattack on the e-mail marketing operations of its Epsilon unit will be minimal, parent Alliance Data Systems Corp.’s chief told analysts April 21 that, although the event made clients angry and frustrated, it has not resulted in any significant falloff in business.

Visa Inc. is working with clothing retailer Gap Inc. to deliver discounts to cardholders via mobile phone SMS text messages.

Stable and improving credit trends helped generate 10% growth in Fifth Third Bancorp’s first quarter card-processing volume, to $80 million from $73 million a year earlier, the bank announced April 21.