Technology

Fair Debt Collection Practices Act (FDCPA) lawsuits rose slightly to 455 in the Oct. 1-15 period compared to 441 in the last half of September, according to data from U.S. District Courts.

First Data Corp.’s TransArmor payment-tokenization product soon will be available in VeriFone Systems Inc.’s multilane and petroleum point-of-sale terminals, the Atlanta-based transaction processor announced Oct. 28.

Effective Jan. 1, merchants and payments companies must ensure their systems comply with versions 2.0 of the Payment Card Industry and Payment Application data-security standards the PCI Security Standards Council released Oct. 28.

Consumer demand for more-robust Internet tools is helping push forward banks’ technology investments, Fiserv Inc.’s chief executive noted during an Oct. 27 earnings conference call with analysts.

State Bank of India Ltd. soon plans to begin offering merchant-acquiring services through a new joint venture company after it finalizes how much equity each of the venture partners holds, a spokesperson for the Mumbai-based bank confirms to PaymentsSource.

Euronet Worldwide Inc.’s epay division will install and run the retail operations of Sydney’s much-awaited smart card transit system, the electronic-payments processor announced in a recent statement.

American Express Co. this week signaled its eagerness to tap into new mobile and prepaid payment technologies that will include “debit-like” products, but one analyst says AmEx has far to go before it catches up with competitors’ mobile-payments momentum.

Higher bank spending helped Fiserv Inc.'s revenue increase 3.3%, to $1.03 billion in the third quarter from a year earlier.

Overnight, the young mobile payment company Bling Nation Ltd. became visible to 4 million smartphone users.

Ormeno & Associates will offers its merchant clients in Latin America protection against card-not-present fraud under a reseller agreement the Internet-technology consultancy has reached with Retail Decisions Ltd., the London-based card-fraud prevention and payment-processing company announced Oct. 25.