Technology

Small businesses are showing more confidence in the economy, according to new survey data Discover Financial Services released Monday.

Mobile is taking Manhattan through the latest expansion of Starbucks Corp.’s payment trial.

Online merchants may send PayPal transactions through First Data Corp. under a new payment service the transaction processor and CardinalCommerce Corp. announced Oct. 25.

Small businesses are showing more confidence in the economy, according to new survey data Discover Financial Services released Oct. 25

Privier Inc. has developed ATM software that enables funds-transfer recipients to withdraw cash from any participating machine.

Progress in the creation of the Single Euro Payments Area continues, but the banking industry still will not meet the voluntary December 2010 deadline for SEPA credit transfers and direct debits, contends the European Central Bank, which now is encouraging European legislators to set a mandatory timeline.

Indian Railways plans to launch an integrated smart card for the city of Mumbai, according to an official from the Centre for Railway Information Systems, the transit agency’s national information-technology arm.

Charge-off rates on outstanding receivables for the six largest credit card issuers in the United States declined during the third quarter ended Sept. 30 compared with the same period last year, according to Moody’s Investors Service.

Driven lower by heavy charge-offs and increased frugality among consumers, inflation-adjusted household debt, including borrowing on credit cards, has fallen about 5.6% from a peak in the fourth quarter of 2008, to a nominal $13.4 trillion in the second quarter this year.

Jeffery Yabuki says he never doubted his company’s ability to endure the financial industry’s recent downturn, which eliminated several banks using its technology and is an ongoing threat to the survival of others.