Technology

JetPay LLC, a Carrollton, Texas-based payment processor, says it has won a trademark-infringement issue involving its Web site address, www.jetpay.com.

Payment Alliance International has acquired the ATM-processing business of WRG Services Inc., a Willoughby, Ohio-based ATM independent sales organization, Louisville, Ky.-based Payment Alliance announced Monday.

WASHINGTON — Bankers cannot wait for interest rates to start rising before deciding how they plan to handle it, regulators, executives and others said last Friday at a conference devoted to interest rate risk.

WASHINGTON — Bankers cannot wait for interest rates to start rising before deciding how they plan to handle it, regulators, executives and others said Friday at a conference devoted to interest rate risk.

Most of us would like to believe a new, brighter day has dawned. Part of creating that reality for banks requires improving collections systems to locate troubled loans that can be prevented from hitting the default dustbin, then helping overburdened staff reach a resolution that gets the borrower paying again. There's also a bit of amnesia that has to be cured.

Not all marketing tactics merchant-service providers use are equally effective at piquing merchants’ interest, some observers note. Independent sales organizations often go through multiple marketing techniques to determine which ones are less effective.

Smart Communications Inc. has signed a mobile-payments deal with Central Negros Electric Cooperative Inc., the Philippines-based company announced on Jan. 31.

Texas consumers wrote fewer checks for purchases in 2009 compared with the previous year, reaching instead for their debit or credit cards, according to survey results released by Swacha, a not-for-profit regional payments association.

VeriFone Holdings Inc.’s Payware Mobile payment software for Apple Inc.’s iPhone is now available from Apple’s iTunes store, the San Jose, Calif.-based terminal maker says.

Merchants that sell needs-based products, such as food, building materials or vehicle-repair supplies, have experienced less decline in transaction volumes during the recession than have merchants that sell less-necessary goods, such as luxury or entertainment items, observers note.