Technology

Mitek Systems Inc., which reported that its loss widened in its fiscal third quarter, says its software is becoming popular for mobile remote deposit capture.

Using a payments technology company's transaction gateway service, some merchants and product makers are creating promotions that can be tied to such details as an item's stock-keeping unit or serial number.

The credit outlook at the top six card issuers is getting brighter, with both chargeoffs and delinquencies falling again in July.

Fannie Mae has announced that lenders selling the company mortgages are not required to run a second credit report before a borrower closes a home loan application.

With little room to add major new retail partners to sell its prepaid debit cards, Green Dot Corp. is focusing on new features, especially mobile, to increase same-store sales and reduce churn.

Fidelity National Information Services Inc. announced Friday that its Brazilian joint venture with Banco Bradesco SA has entered a 10-year deal to provide processing and other services for the banking company.

The Internal Revenue Service on Aug. 13 released its rules for how acquirers and processors should report their merchants’ credit, debit and gift card transactions to the agency beginning next year.

A point-of-sale breach disclosed this week at an Austin, Texas, restaurant only affects that restaurant, says Heartland Payment Systems Inc., the restaurant’s payment processor.

Hoping to build on its solid foundation in Europe and Latin America, SafetyPay Inc. this month announced plans to test its online payment platform in the U.S. through a retail pilot program.

USA Technologies Inc. recently announced that the number of vending machines equipped with its wireless ePort Connect Service technology enabling credit and debit card acceptance has increased 58% within the past year and is on track to hit 100,000 by yearend.