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The gift and loyalty services company SparkBase LLC is using $3 million in new funding to hasten the development and deployment of its technology platform and mobile services.
June 14 -
The IMF and the U.S. Senate join the list of large organizations hit by hackers; how hackers managed to get Citigroup customers’ account information; and more.
June 14 -
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Tyfone Inc. has received a patent for programming add-on smart cards in a mobile phone to function as a payment account.
June 13 -
Barclays PLC has retooled a television ad for contactless payments to feature use of a mobile phone to make payments in a move that could help to raise awareness of the technology.
June 13 -
National Australia Bank said its new social media "break up" campaign has led to an increase of one point in mortgage share in just a couple of months with minimal cost.
June 13 -
The San Diego County Credit Union is licensing new software that allows it to make same-day payments available through the same service as traditional Web bill payment, as well as create a simple link to myriad other automated payments to make user navigation and access easier.
June 13 -
Speedy communication to breach victims is vital in preventing fraud, according to lawmakers and regulators who are pushing for faster consumer notifications after last week's disclosure of an incident at Citigroup Inc.
June 13 -
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Spanish police have arrested three computer hackers who allegedly breached Sony Corp. networks affiliated with the PlayStation 3 video game console and the company's streaming music and video service.
June 10 -
Sprint Nextel Corp. will expand availability of Electronic Payment Exchange's payment processing platform to kiosk and self-service station operators under a new agreement between the companies.
June 10 -
Beanstream Internet Commerce Inc., a unit of LML Payment Systems Inc., is now offering a service that helps merchants process multiple currencies with more competitive pricing.
June 10 -
Wal-Mart Stores next week will begin rolling out automated versions of its MoneyCenter offices, which provide a range of financial services to shoppers.
June 10 -
Verification using India's national biometric identification system could provide a second level of authorization to secure card-present transactions with magnetic stripe cards under a proposal outlined in a central bank working group report.
June 9 -
Fair Isaac Corp. is partnering with Adeptra Inc., a specialist in automating call center interactions, to integrate FICO Falcon Fraud Manager 6 with Adeptra's Automated Customer Contact services.
June 9 -
Citigroup Inc.'s credit card customers are unlikely to experience card fraud stemming from a recent online data breach, but they could be the targets of phishing scams.
June 9 -
BillShrink Inc., the discount-hunting service, has come up with a new spin on the Billy Mays-style hard sell in which consumers are cautioned to spend now or forever miss out on a host of extra goodies.
June 9 -
The private-equity firm Kohlberg Kravis Roberts & Co. is pursuing a minority investment in ING Group NV's U.S. online bank, according to a person with knowledge of the matter.
June 9 -
The Federal Bureau of Investigation plans to intensify its focus on fighting computer crime such as the intrusion that exposed personal information and payment details at Sony Corp.
June 9 -
Think Computer Corp. has added a contactless payment capability to its FaceCash mobile wallet. FaceCash previously relied on only a bar code system to present payment details.
June 8



