Technology

Isis, the mobile payment venture founded by AT&T Inc., Verizon Wireless and T-Mobile USA, said it is opening up its network and preparing for a pilot next year.

Transaction processor First Data Corp. has launched Fraud FlexDetect, an e-commerce fraud-detection and prevention service, in collaboration with Accertify Inc., the companies announced April 4.

Federal banking regulators are set to release new guidelines Monday that they hope will restore the battered reputation of risk models - widely disparaged as a result of the financial crisis - by forcing banks to improve how they design and implement them.

Consumers in Taiwan soon might not be able to pay for gas using their credit cards because the state-owned gas retailer later this year may be without a credit card processor.

The French terminal maker Ingenico SA said Monday that it is buying Hypercom Corp.'s U.S. payment systems business for $54 million.

Global Payments Inc. is trying to offset weak margins on its ISO-driven United States business by building strength abroad, an analyst says. In the short run, that leaves the Atlanta-based merchant processor with strong revenue growth and flat income.

Vivotech Inc.’s attempt to acquire a piece of Hypercom Corp. could be a move to resist the effects of consolidation among larger terminal makers.

MoneyGram International has hired former DolEx Dollar Express Inc. head George Zelinski as its vice president for Central America, South America and the Caribbean regions, the company announced March 31.

Cambridge Credit Counseling released its Debt Relief Performance Report on Thursday, the first in a series of disclosures that will serve as the key piece of a new consumer education and public affairs initiative.

Merchant processor Global Payments Inc. on March 31 reported net income of $47.8 million for its fiscal third quarter ended Feb. 28, down 1% from $48.5 million during the same period last year. Revenues, however, increased by 15%, to $456.4 million from $398.5 million.