Technology

Small-business owners’ confidence rose in April, and a growing number are reporting improving business conditions, according to new data Discover Financial Services released April 26.

One payments company and four investor groups remain in the running for RBS WorldPay Inc., the merchant-services division of United Kingdom-based Royal Bank of Scotland, according to a source with knowledge of the process.

Card fraud has slowed to a crawl at Las Vegas-based Clark County Credit Union and CIO Roy Holmstrom is wondering whether he should thank his card-fraud prevention system for the good news.

The Loan Modification Scam Prevention Network has launched a national campaign to prevent loan modification scams through public education, complaint reporting and coordination with local, state and federal enforcement agencies. The group is led by Fannie Mae, Freddie Mac, the Lawyers' Committee for Civil Rights Under Law and NeighborWorks America.

Hoping to wring more electronic transactions from the shrinking pool of paper checks, Nacha is rethinking its stance on converting business checks into automated clearing house payments.

Apple Inc. has the power to make mobile payments huge, but not quite in the way bankers hope.

Increased revenue in several international markets contributed to positive first-quarter revenue growth for Ingenico SA, a France-based company. The company’s payment-terminal business experienced revenue growth after being “severely impacted” by the difficult economy in 2009, while its transaction-services business “performed in line with” company expectations, Ingenico noted April 21.

Visa Inc.'s planned purchase of CyberSource Corp. shows that the payments company is serious about mobile commerce — and the potential risks of this emerging channel.

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The United States Supreme Court announced a decision Wednesday in a case that limits the scope of a defense provided to debt collectors who violate the Fair Debt Collection Practices Act (FDCPA) so as to exempt a legal error made in good faith, see story.