Cards

VeriFone's stock price recovered slightly upon CEO Bergeron's resignation, signaling investor interest, and competitor Pax Technology was quick to draw attention to recent speculation that VeriFone would be for sale.

Fleet card provider FleetCor Technologies has acquired Telenav, which sells technology that tracks the location of truck drivers and mobile workers who buy gas and make other work-related purchases while on the job.

Intuit is making Inuit Pay generally available in the UK, enabling businesses to accept credit and debit payments in person and over the phone.

The company’s new iPad app can perform many of the same functions as its iPhone app, such as accepting PayPal and swiped card payments. The iPad app is being targeted at businesses that require hardware more robust than an iPhone to accept payments, yet don’t have a point-of-sale system.

Canada is well ahead of the U.S. in its adoption of the EMV chip-card standard. That places BMO's Kevin Tait in a bit of a time warp, since a large part of BMO's corporate payments operations are in the U.S.

In an interview with PaymentsSource, Cohen describes the opportunities that arise for companies like Merchant Warehouse amid the rapid changes taking place in the payments industry.

Global money transfer company Xoom is launching Pay Only When Received (POWR), a model through which the company does not withdraw money from a sender's bank account until the funds reach the recipient.

American Express Co. faces many challenges over the way it operates, but the CEO's 2012 compensation signals that the company is focusing on its strengths.

Independent sales organizations and agents can use automated clearing house and credit card data to identify the most likely prospects for transaction services.

NASHVILLE, Tenn. – A region-wide department chain filed suit against Visa challenging the payment card industry standards under which the merchant was fined $13 million for a 2010 data breach.

Western Union has released two new mobile applications for its Western Union Speedpay service.

B+S, a German payment processor, will provide services that would give merchants in the UK the ability to accept card payments from Chinese tourists making purchases.

At Golden 1 Credit Union, consumers' habit of favoring debit cards over cash created an opportunity to promote mobile payments—with an added lure of integrating other mobile services.

PayPal's recent updates to its software tools for developers provide a clue to its long-term plans for the Card.io, the mobile payments tech provider PayPal bought last year.

Doug Bergeron will step down from his roles as CEO and a board member at VeriFone, effective March 12, the point of sale terminal maker said today.

Payment systems provider ACI Worldwide has completed its acquisition of Online Resources Corp. in an all cash transaction for $3.85 per share—a deal that adds payments and financial services bulk to ACI.

IDT Corp. and Fiserv have entered into an agreement that will expand IDT's Boss Revolution international calling service and the CheckFreePay walk-in bill payment service from Fiserv.

Samsung and Visa will likely demonstrate the full potential of their contactless mobile payments alliance at this week’s unveiling of the Samsung Galaxy S IV smartphone.

American Express is doing a lot to shed its image as the card for the elite. In recent years Amex has worked with Twitter, Facebook, Foursquare, video game companies and other new partners to win the favor of young adults.

The ATM Industry Association is calling for an extension to the April 19 deadline when ATM owners and operators are scheduled to become responsible for foreign transaction fraud, arguing the EMV migration timeline for the ATM industry should mirror the longer deadlines placed on merchants and retail point of sale.