Credit

Buoyed by strong revenue growth in its credit card operations, Capital One said that its third-quarter earnings rose 48% from the same period last year, to $1.2 billion.

ReadyForZero is one of many companies that provide personal financial management tools to help consumers get a grip on their finances by letting them collect spending data from multiple accounts. Many of these providers do not allow payments, largely out of security concerns.

American Express is getting ready to spend even more to keep its best customers.

PayPal is streamlining its operations, consolidating nine different product teams into one organization.

For the past two years, the word "Isis" has meant a few different things for the payments industry. Its meaning will come into focus Oct. 22, when the joint venture will begin its much-publicized launch in Salt Lake City and Austin, Texas.

Consumers who own a debit card issued by their bank definitely prefer that payment method to other options, including alternatives such as PayPal.

Transit systems are a proving ground for payments: they require high-speed, sometimes wireless, and consistently reliable payments. New York’s subways, buses and taxis are constantly testing potential new systems, and not all succeed.

American Express Co. on Wednesday reported third-quarter net income of $1.25 billion, up 1% from the same period a year ago, as customer spending grew worldwide.

Visa is reportedly planning to name a new chief executive officer as early as this month.

Retailers’ mobile-pay apps are gaining popularity, and many merchants hope their customers will spread their brand affinity by using the apps to send virtual gift cards to a friend or family member’s device.

Giving merchants technical support whenever they need it — as opposed to a technology-based tool — is a lesson that’s taken on greater significance as FrontStream develops its product to compete with Square.

Dodd Frank 1073, which covers remittances and U.S. initiated international payments, is one of more than two dozen payments related rules or regulations either issued in 2012 or with a pending deadline during the next year, which cover most payment types.

Internet connectivity has become an imperative for U.S. small businesses, yet most companies lack formal policies for Internet security and even fewer have contingency plans in the event of a security breach that could expose payment-card and other data.

Bank of America is offering a service that makes it possible for travelers to retrieve their chip-and-PIN card's forgotten PIN without calling a customer service representative or waiting for a mailed response.

As financial institutions increasingly create specialized credit and debit cards and merchants continue to push loyalty cards, the overwhelming abundance of plastic could create a greater need for a mobile wallet than any other consumer incentive.

Committees serving an independent organization seeking to help the U.S. payments industry prepare for its conversion to EMV smartcard and contactless technology have begun examining key aspects of the transition.

The U.S. migration to the EMV secure chip-card standard has been so slow that some have compared it to the country's adoption of the metric system. But after years of delays, the mobile-wallet craze changed the rules.

Visa began offering its V.me digital wallet this week with PNC, the first of more than a dozen bank partners it has lined up.

More financial institutions are working to issue EMV chip cards while merchants are dropping bills to install the proper terminals before certain liability-shift deadlines arrive. But as this transition finally reaches consumers, some may adopt habits that negate the benefits the EMV standard provides.

Many third-party mobile payment providers, such as Google and Isis, are seeking bank partners for their mobile wallets. Should banks agree to their terms or go it alone?