Technology

PerkStreet Financial will offer MasterCard Worldwide financial products through its checking-account rewards program, switching fewer than 50,000 debit cards away from Visa Inc., the Wilmington, Del.-based financial-services company announced Dec. 21.

Snapper Services Ltd. has become the latest organization to join the new “super ticket” system planned for Auckland, New Zealand’s public transport system, the integrated ticketing provider announced Dec. 16.

I agree there well may be short-term benefits with subsidies in assisting retailers/merchants in upgrading terminals to test NFC. However, the comment from Troy Bernard is most pertinent.

As major financial services providers sever ties to WikiLeaks, a little-known alternative payments startup in the U.K. has stood by the embattled organization.

The company behind the popular mobile-phone game Angry Birds is adding a payment option using a model that has gained traction in recent months with U.S.-based wireless operators.

Because such open-platform payment providers as Pay Pal Inc., IP Commerce Inc., Amazon.com Inc. and Ixaris Systems Ltd. are moving into new markets such as mobile commerce to provide secure payment systems to merchants, they should carefully monitor their susceptibility to fraud risk and potential market changes, a new report suggests.

As credit card portfolio health continues to improve and consumer spending gradually picks up, card issuers are poised to see the first increase in overall credit card receivables next year, Moody’s Investors Service predicts in a Dec. 21 report.

An Ingenico S.A. board member reportedly contends a takeover bid for the France-based point-of-sale terminal maker could be renewed.

Debt buyer Portfolio Recovery Associates' shares reached a 52-week high on Friday, with stock trading as high as $76.80. The stock previously had closed at $74.20. At mid-day on Monday, the stock was trading at $76.17.

The Federal Reserve Board on Wednesday approved an interim rule amending Regulation Z, which implements the Truth in Lending Act (TILA).