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Seeing an opportunity to mitigate the growing problem of student loan debt, student finance companies such as SimpleTuition and Sallie Mae are expanding debt management offers, including the use of card payment rewards.
February 21 -
VeriFone Systems Inc. shares tumbled as much as 35 percent after the maker of credit-card terminals forecast second-quarter profit that missed analysts’ estimates, amid weak economic conditions in Europe.
February 20 -
Square Inc. is introducing hardware designed to work with its mobile-payment software, seeking to replace cash registers by companies including NCR Corp. and stepping up competition with eBay Inc. and Intuit Inc.
February 20 -
In 2012, identity fraud incidents increased by more than one million victims. Fraudsters stole more than $21 billion overall—the highest amount in three years, according to Javelin Strategy & Research.
February 20 -
Many merchant payment systems lack the technology needed to safely store card data, resulting in 70% of merchants not meeting data security requirements, a new report says.
February 20 -
The Payment Card Industry Security Standards Council has published its latest data security guidance for merchants accepting payments with smartphones or tablets.
February 19 -
By any measure, a 60-user rollout is small. But it gives MasterCard Inc. a MasterCard Mobile Wallet test that touches many Coles supermarkets across Australia.
February 19 -
Citigroup Inc. has entered an agreement to buy the Best Buy private-label card portfolio, which has about $7 billion in loans, from Capital One Financial Corp. Citi has also agreed to issue and manage new Best Buy-branded cards in the U.S.
February 19 -
Coinbase makes it simple to buy and sell bitcoins via a bank account, but plays only to the low-fee, frictionless nature of Bitcoin and fails to leverage its unique privacy aspects.
February 19 -
Payment technology is gaining momentum and changing rapidly. More and more places around the world are adopting unique methods of payment.
February 17 -
The American Airlines and US Airways merger will heat up the competition between the two large issuing banks behind the airlines' rewards credit card programs, Citigroup Inc. and Barclays plc.
February 15 -
Growth is hard to come by in the credit card business, but major lenders are sticking with a smaller pool of customers with higher credit scores.
February 14 -
PayPal has attracted some big names to accept it at the point of sale, but it has a long way to go before its digital wallet is a part of everyday consumer life. A recent partnership with the fuel pump technology company Gilbarco Veeder-Root has the potential to change that.
February 14 -
Merchant service providers need to be aware that payment gateway technology is likely to provide answers to most of the questions merchants may ask when navigating the dizzying array of new payment rules and technologies.
February 14 -
While the U.S. inches toward adoption of the EMV chip-card standard, some card makers and issuers are finding they need to move faster than others.
February 14 -
It's not going to garner the attention that Square Inc.'s pact with Starbucks created, but Square's latest deal shows it's still eager to brew partnerships with coffee shops.
February 13 -
Visa's launch of a plug-and-play mobile money platform speaks to a rapidly maturing trend of using mobility to spread financial services to underbanked consumers and developing countries.
February 13 -
Western Union Co., the world’s biggest money-transfer business, fell after the company forecast continued revenue declines in 2013.
February 13 -
Payleven, a mobile payment venture from the Samwer brothers' Rocket Internet incubator, started selling its mobile chip-and-PIN mobile card reader last week and received hundreds of orders for the new device.
February 13 -
For mobile payments and analytics provider Bango.net Ltd., a recent shot in the arm from investors represents a chance to expand into emerging markets and help offset the company's costs for preparing for the next generation of BlackBerry phones.
February 12






