Technology

Payment processor Global Payments Inc. will sell VeriFone Systems Inc.’s PayWare Mobile service in Canada, VeriFone announced Wednesday.

Mobile operator du, the commercially branded name of the Emirates Integrated Telecommunications Co., has launched an automated payment service to enable its postpaid customers to pay bills using their mobile phones, the Dubai-based company earlier this month.

Wright Express Corp. has completed its acquisition of the Australian prepaid and fleet card operations of Retail Decisions Ltd., the South Portland, Maine-based fleet card company announced on Sept. 15.

A key U.S. banking regulator, concerned about the risk of exposure the government is taking on in the mortgage market, urged more stringent standards for underwriting mortgages.

MasterCard Worldwide’s Sept. 14 announcement of its agreement to enter into a payments business-development deal with China UnionPay, along with news that Global Payments Inc. has gained permission to process card payments in China, suggests U.S.-based card players may be moving closer to cracking open the potentially lucrative Chinese market, analysts say.

Card-manufacturing startup Dynamics Inc. this week is unveiling details of Card 2.0, a computing platform usable in payment cards that changes the information on magnetic stripes and erases the stripe data when turned off.

Interbank FX LLC’s recent partnership with GlobalCollect will enable the Salt Lake City-based company to process credit card transactions for its international clients, Netherlands-based GlobalCollect reported on Sept. 13.

Intuit, Inc., and several credit union defendants have asked a federal court here to dismiss a patent infringement suit brought by MShift over its mobile banking technology, saying the company’s patent is outmoded and not pertinent to their technology.

The Bank of Namibia late last month authorized Mobicash Payment Solutions Pvt. Ltd. to offer a new mobile-payment service in the country, according to a Mobicash spokesperson. The service, which is scheduled to launch in October, will enable the institution’s customers to use their mobile phones to pay for goods and person-to-person funds transfers.

State-owned telecommunication operator Bharat Sanchar Nigam Ltd. on Sept. 13 launched a service that enables customers who have credit cards to pay their telco bills using their mobile phones, according to a spokesperson for the India-based company.