Technology

The New York money transfer company CashEdge Inc. has hired Citigroup Inc. veteran Catherine Palmieri as its global head of product and marketing.

With state attorneys general pursuing a growing number of cases against debt collectors and creditors, many collection industry insiders wonder whether they’ll ever get a fair shake.

Limits on issuers’ ability to manage risk represent the most substantial impact from a recent credit card regulation affecting United Kingdom card issuers and cardholders, Auriemma Consulting Group UK Ltd. concludes in a recent report.

Transaction Network Services Inc. and Blue Bamboo have struck an agreement that enables independent sales organizations, merchant acquirers and processors to sell a mobile-payment system.

In its annual report to Congress on the Fair Debt Collection Practices Act (FDCPA), released last week (see story), the Federal Trade Commission's methodology for analysis paints an incomplete and inaccurate portrayal of consumer complaints against the third-party collection industry.

This past weekend’s launch of Apple Inc.’s iPad also saw the introduction of Square Inc.’s payment card-acceptance application for the device.

Heartland Payment Systems Inc. says its E3 encryption system has been adopted by several payment hardware makers.

The Federal Trade Commission announced Friday that it has issued its annual report on the Fair Debt Collection Practices Act to Congress.

Starbucks Corp.'s mobile payment system went from a "Short" trial at 16 stores to a "Grande" deployment in more than a thousand locations, validating a low-tech approach to high-tech payments.

Global Payments Inc. this summer hopes to begin processing renminbi payment card transactions in China after securing approval to do so from China UnionPay and the People’s Bank of China, the company announced yesterday afternoon during its third-quarter earnings conference call. It has a few hoops to jump through first, however.