Credit

Mobile payments worldwide will grow significantly in transaction volume and value in 2013, but Near Field Communication payments won't be part of that momentum in North America, according to new Gartner research.

MasterCard has approved a pair of EMV-chip cards jointly developed by Inside Secure and CPI Card Group.

Law enforcement officials have arrested 11 people suspected in a $200 million global credit card fraud operation, according to the Serious Organized Crime Agency, a unit of the British government.

VeriFone is blunt about the issues plaguing the terminal maker and is working to restore its customers' confidence as it seeks a permanent chief executive.

Signature Card Services will give away EMV-enabled point of sale terminals to client merchants in the U.S. in an attempt to ease the transition to the chip-card standard.

Visa is aggressively building its presence with mobile point of sale vendors in an effort to attract the merchants that still don't accept electronic payments and rely heavily on cash and checks.

Visa is working to approve more mobile point of sale hardware, including products from iZettle, SumUp and Swiff.

Discover Financial Services said earnings per share will be reduced this quarter after it had to acquire some businesses in Europe and regulators revoked the license of a Slovenian franchise.

A group of small businesses filed a lawsuit challenging New York's law prohibiting merchants from imposing surcharges to make up for the fees they must remit when customers pay with a credit card.

As EMV-chip cards spread, with most U.S. merchants expected to accept the card by October 2015, there is still a major hurdle to overcome as consumers either resist the change or remain oblivious to it.

Card-linked offers, a concept commonly seen as a lure to attract consumers to use mobile wallets, is growing in popularity with plain old plastic.

Believe.in, a U.K. company that provides technology for accepting donations online, has a no-fee structure that allows charities to receive donations using technology from Stripe.

Citi Commercial Cards had introduced CitiManager Mobile, a smartphone-optimized version of CitiManager, the institution's desktop portal for corporate cardholders.

The legal fight over credit card swipe fees has been going on for years, but a resolution nears even as opponents' voices get louder. Here are some of the most noteworthy events in the ongoing courtroom case.

Slyce pictures a day when consumers will be able to buy anything depicted in a TV or printed advertisement — or even a product seen in person — by snapping a photo of it with their mobile device.

MasterCard Inc. will stop using Goldman Sachs Group Inc. for asset-management services after discussing the matter with a firm that advises shareholders on proxy votes.

Airlines and payment companies have not traditionally targeted small businesses for travel rewards, but Chase Paymentech and United Airlines hope that by making business-related purchases easier to manage, small businesses will seek out airline miles programs.

TSYS will provide payment processing for KeyBank's consumer credit card portfolio as part of a long-term agreement announced today.

With a data breach dispute between Visa Inc. and Nashville-based retailer Genesco Inc. heading toward a July 2014 trial, Visa lawyers are asking a federal judge to dismiss some claims in a lawsuit Genesco filed against the card brand.

DataCash, a MasterCard payments processing subsidiary, and Redecard will partner to sell electronic commerce products to merchants in Brazil.