Technology

James G. Kelly, vice chairman and chief operating officer of Global Payments Inc., is leaving the Atlanta-based payment processor effective June 30, the company announced today.

Nagoya Railroad, the transportation bureau of the Japanese city of Nagoya, and four other public-transportation companies are planning to launch a contactless transit card called Manaca for use by riders of trains, buses and subways in Nagoya. The companies expect to complete the launch by next February.

Citing the continued effects of the economic downturn, Wells Fargo & Co. today reported a higher credit card charge-off rate on a slightly smaller pool of credit card receivables for the first quarter ended March 31 compared with the same period last year.

The Payment Card Industry Security Standards Council will update all three of its standards this year, and it eventually may place all on a three-year update cycle, says Bob Russo, the council’s general manager.

Visa Inc.’s planned $2 billion cash purchase of CyberSource Corp., a payment-services and fraud-management provider, suggests the card company is serious about mobile payments–and the risks that the mobile channel may attract.

A significant increase in purchase transactions Total System Services Inc. processed during the first three months of the year may be an indication consumer confidence in the economy is rising, the Columbus, Ga.-based payment processor suggested in its first-quarter earnings results yesterday afternoon.

Barclays Global Retail Bank India has linked its network of 12 ATMs with National Financial Switch, the country’s largest network of shared ATMs, an official at the National Payments Corp. of India tells PaymentsSource.

Experian, a global information services company, today announced that the national average commercial risk score is up 2.4% and overall delinquencies have declined since the beginning of the year.

Fidelity National Information Services has agreed to pay the state almost $1 million and to implement data security for consumer records under a settlement of civil charges over the 2007 theft of consumer information by a former employee.

Heartland Payment Systems Inc. and Micros Systems Inc. have reached an amicable settlement in a 2007 antitrust and unlawful competition lawsuit the Princeton, N.J.-based processor filed against Micros. Other defendants included Chase Paymentech Solutions LLC and its subsidiary Merchant Link LLC.