Credit

The federal government says it may build databases of credit card transactions, hotel records and Internet searches as part of counter security measures.

American Express does not expect the discount rate it charges merchants to fall under the jurisdiction of regulations being considered by the European Union to place caps on interchange fees.

Australian startup Pin Payments has acquired billing technology and the global customer base of a U.S. company to continue its push to provide developers with software that handles credit card acceptance online.

Heartland Payment Systems will use Alaric's Fractals fraud prevention and detection product to monitor the 300 million card transactions it processes each month.

Banks and payment card providers would face caps on the transaction fees they can demand from retailers under European Union plans to rein in charges that have been attacked by regulators as anticompetitive.

Capital Services plans to begin offering its internally-used suite of payments, consumer and portfolio management tools to a broad market of financial players.

Payments and marketing are getting closer than ever, and several companies are blurring the line between where the payment ends and where the pitch begins.

JPMorgan Chase, reporting a 31% increase in its second-quarter net income driven by investment banking, also reported that its credit-card business is stabilizing.

With the summer driving season in full swing, Shell Oil Products U.S. is attempting to boost the appeal of its branded payment cards.

The Merchant Customer Exchange (MCX), a mobile payments initiative created by major retailers, will use technology from FIS to speed processing and provide access to accounts at a large range of financial institutions.

The payment processor Global Payments Inc. will offer its U.S. merchant customers an iPad point of sale system from ShopKeep POS.

As EMV-chip card use spreads at the point of sale in the U.S., online merchants will have to change the way they handle payments online.

The major card brands have certified payment processor Total System Services Inc. for EMV chip-card processing.

In the age of big data and social connectivity, it is essential, and now urgent, for card marketers to find a way to become more consumer-centric in their marketing efforts.

By July 2008, when Apple introduced the app store as part of the new iPhone 3G, the idea of mobile payments had largely flopped. The app store gave payments companies a second chance at creating the mobile wallet — but many still stumbled along the way.

Visa has entered agreements with more than 40 Australian banks to offer customers the V.me digital wallet for online shopping — a mere three months after MasterCard debuted its MasterPass digital wallet in Australia.

Banks and payment networks are pressing state lawmakers to bar retailers from charging customers more to pay with credit cards than with debit cards or cash.

CloudPassage, a cloud infrastructure security provider, is offering to address Payment Card Industry security standard compliance for cloud-based businesses.

Six banks in Poland have created a joint venture to develop common mobile payment standards to comply with national regulations — a move that leaves card networks out of the equation.

The Fancy, an online shop with items culled by customers, raised $53 million from investors including American Express Co., billionaire Len Blavatnik and actor Will Smith, people familiar with the matter said.