Credit

ACI Worldwide and Fidelity National Information Services each announced acquisitions of companies that provide payments technology.

MasterCard Inc., the second-biggest U.S. payments network, posted fourth-quarter profit that beat analysts’ estimates as customers made more purchases.

Boston-based independent sales organization Merchant Warehouse is launching its Genius payment acceptance product for general availability. The system has been in testing since June 2012.

The council announced Jan. 31 its guidelines for e-commerce data safety. The information is a result of research completed by the council's e-commerce security special interest group.

InterContinental Hotels Group announced a multi-year agreement with MasterCard to be the exclusive payment network for its hotel loyalty rewards consumer credit card portfolio in the U.S.

Visa shareholders rejected a proposal Wednesday that would have required the nation’s largest card network to disclose publicly more information about its lobbying activities, according to the activist shareholder group behind the measure.

American Express Co. finds itself swirling in the middle of anti-trust litigation and proposed settlements that the company isn't directly a party to.

Visa Inc.’s board of directors named Robert W. Matschullat as independent, non-executive chairman of the world’s largest payments network.

Last year, KeyBank saw an important gap in its credit card strategy – not owning its card portfolio meant it did not have the control it needed to properly manage its relationships with its customers. This week KeyBank announced the next step in its credit card strategy.

Fraud losses on U.S. credit and debit cards, after years of decline, now appear to be on the rise again. And one key culprit, according to experts, is this country's slow adoption of technology that will improve security.

Visa and Citigroup, working with the Center for Financial Inclusion at Accion, plan to connect governments, NGOs, the private sector and others to advance global financial access by the end of this decade. Their Financial Inclusion 2020 campaign aims to do this by increasing access to credit, savings, payment tools and insurance for people all over the world.

Jan. 27 marked the first day merchants nationwide could hit consumers with a checkout fee for using a credit card. Nothing has changed overnight, but some merchants are likely to test the waters sooner than others.

KeyBank, a unit of KeyCorp, announced plans to offer new consumer, business and commercial credit cards this year. The cards will all operate on MasterCard's network, extending a 15-year partnership that also covered debit and ATM.

Canada's right next door and has lots of English speakers, so it might seem the ideal place for American independent sales organizations to expand. But the two countries' business and cultural practices differ in ways that Americans may not expect.

London commuters are supposed to be excited about the prospect of their Tube underground rail system adding acceptance of any bank’s contactless payment card. But it may take time for them to break the habit of using the popular Oyster contactless prepaid transit card.

Mainstream consumers are still slow to adopt newer payment technology, but several cities are pushing ahead of the rest of the world.

Visa Inc. is urging its shareholders to reject a proposal by activist investors that would require the card network to reveal detailed information about its lobbying activities.

A computer hacker from the online activism group “Anonymous” was sentenced in Britain to 18 months in jail for conspiring to attack the websites of Visa Inc., PayPal Inc., MasterCard Inc. and others.

Square Inc. said Chief Operating Officer Keith Rabois has resigned, marking the departure of an executive who has helped the company grow to more than 3 million customers. Chief Financial Officer Sarah Friar will become acting COO.

Synqera is trying to set itself apart from rivals in the targeted-offer crowd by using point-of-sale hardware with data collection tools that look at everything from weather patterns to the shopper's mood.