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Consumers want legislation limiting overdraft fees, according to a report released last week.
February 8 -
More than 97% of eligible Visa Inc. credit and debit card issuers have accepted a settlement offer related to last year's major data security breach at Heartland Payment Systems Inc., the companies said last week.
February 5 -
American Payment Systems said a phone campaign helped it significantly increase compliance with the Payment Card Industry Data Security Standard among its roughly 1,200 merchant clients.
February 5 -
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Citigroup Inc. is said to be switching its entire North American banking operations to a core processing application from Fidelity National Information Services Inc.
February 5 -
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Unisys Corp. of Blue Bell, Pa., said Thursday it has sold its payment systems operating unit to a Los Angeles private-equity firm, Marlin Equity Partners.
February 4 -
MoneyGram International Inc. said earnings fell in the fourth quarter despite increased transfer volume in several crucial regions.
February 4 -
Kwedit Inc. has launched a digital credit service for online games.
February 4 -
NCR Corp. on Thursday reported a fourth-quarter loss on lower revenue as demand for automated teller machines slumped in the U.S., Caribbean and Latin America.
February 4 -
A growing number of financial companies are trying to foster creativity with in-house innovation labs. Some banks have facilities where employees can dream up, plan, execute and get feedback on new products and processes; some even field-test the concepts at branches to see how customers react.
February 4 -
Big banks are starting to open the tech-spending spigot, but times are tight for their smaller peers. This is a significant shift from a year ago, when the top financial companies were driving a global economic slump but many community banks (at least ones that had refrained from risky mortgage lending) continued to invest in their technology infrastructure.
February 3 -
Fidelity National Information Services Inc. has hired Neil Marcous as president of its NYCE Payments Network LLC unit and head of its Payment Network Solutions business.
February 3 -
The consumer electronics retailer Best Buy Co., in partnership with Tio Networks, has deployed self-service bill-payment kiosks in stores in four cities as part of a test to determine whether they encourage foot traffic.
February 3 -
Diebold Inc. is planning to restructure its North American operations following flat sales of automated teller machines that drove down fourth-quarter and yearend revenue.
February 3 -
The Clearing House Payments Co. LLC has hired Paul Saltzman as its general counsel to succeed Norm Nelson, who has retired.
February 3 -
The NFC chip maker Inside Contactless is expected to announce today that it is making an open source version of its programming interface available to other developers.
February 2 -
Accused ATM scammer had $100G in his car at time of arrest; newspaper profile on hacker in China; scareware and ransomware distributors upping the ante; and more.
February 2 -
