Special Program Root Tag

American Express Co., the biggest credit- card issuer by purchases, said fourth-quarter profit fell 38% as expenses rose and the company took a restructuring charge.

It may seem tough for a system that limits itself to one retailer per vertical to expand, but Plenti is making it happen.

Global Payments Inc. has finalized an agreement to distribute Mobeewave’s contactless mobile card acceptance technology to its Canadian clients beginning this spring.

Starbucks has integrated its mobile pre-ordering and payment feature into its Android app in the U.K.

For years, the financial services industry has relied on tactics such as education campaigns, sales pitches and financial penalties to get merchants to upgrade their technology. Ironically, the bad security that led to Target's 2013 data breach may have been the strongest way to deliver this message.

It may seem odd for a vendor of payment acceptance hardware to discredit EMV security, which is commonly seen as a catalyst for hardware sales, but that's exactly what MagTek is doing.

Already facing technology-driven threats to their relevancy, independent sales organizations (ISOs) face another dilemma: should ISOs spread their wings with numerous acquirers and processors, or stick with one that provides the best deal for servicing merchant clients?

Consumers’ growing dexterity with banks’ mobile apps has been a welcome shot in the arm for card-linked, merchant-funded marketing programs.

Sam's Club will accept Visa credit cards inside its stores next month, as the Walmart-owned retailer expands its payments network.

Ingenico Group has unveiled a new brand, Ingenico ePayments, as the latest step for the payment terminal maker in its evolution to becoming a provider of diversified global payment services.

As Square and PayPal push business financing, American Express is adding extra funding options to give businesses a lifeline when spending needs a spike.

International events like the Davos economic forum should remind business leaders of the importance of being stewards and of having workforce diversity.

The payments industry was the most active segment for mergers and acquisitions in 2014, but saw a shark 21% decrease in 2015 to fall behind capital markets, the top category.

First Data has unveiled Clover Go, a new EMV-enabled card reader for mobile devices and the latest device in its Clover mobile point of sale product line.

Verifone plans to acquire payment technology and switching solutions provider AJB Software, a move that would allow the point of sale hardware maker to offer more services to its acquiring partners as merchants deploy EMV security and mobile wallet acceptance.

Payne, who was promoted from director of corporate risk services, began her new role Jan. 1. She succeeded Dave Kling, who retired, the $18 billion-asset bank said.

Metropolitan Commercial Bank in New York has named Dale Fredston, a former general counsel at Sterling Bancorp in Montebello, N.Y., to its board of directors.

Seven years after placing its first smart terminal in Africa as part of a financial inclusion program, French terminal maker Ingenico says the program has progressed to where it now has 50,000 terminals that aid financial services in the region.

Through a partnership with Intel, terminal maker Ingenico Group has developed a contactless payment technology that is being used in a Panasonic tablet.

"Omnichannel" is an increasingly common term in the payments technology industry, but it means different things to different people.