Technology

VeriFone Systems Inc. says today it has bought a majority stake in All Business Solutions, an Italy-based payment integrator and software developer, from the company’s founders and ACI Informatica, which will keep a minority ownership.

When a fraudster is successful, you know it. It is much harder to know when the fraudster has tried and failed.

Western Union Co. expects a rebound in international migration to drive expansion of the company's core cash transaction operations, according to Bloomberg News.

Physicians and other health care providers in Germany will have the opportunity to accept payment cards and process claims with the same payment terminal under an agreement in which First Data Corp.’s TeleCash unit will market Hypercom Corp.’s medHybrid payment and a-Health card terminal, the Scottsdale, Ariz.-based terminal maker announced Sept. 29.

Akamai Technologies Inc. says its new Edge Tokenization service pushes sensitive transaction data away from vulnerable online merchants payment networks.

Jack Henry & Associates Inc.'s ProfitStars division has begun offering Mitek Systems Inc.'s mobile remote-deposit capture software, pairing it with its own Alogent Mobile Remote Deposit system.

Research In Motion Ltd. is expanding the payment capabilities of its BlackBerry smartphones.

NCR Corp. said Wednesday that it is providing a mobile banking system to customers of Hancock Holding Co.'s Hancock Bank.

A new payment-authentication company has developed technology that uses any phone to help verify Internet PIN-debit transactions conducted at participating merchant websites.

VeriFone Systems Inc. announced Wednesday an unsolicited bid to buy rival Hypercom Corp. at $5.25 per share, which it described in a letter to Hypercom's board.