Credit

EMC has agreed to buy Silver Tail Systems, a privately held company that helps clients fend off fraudsters and Web-based attackers.

MasterCard posted a third-quarter profit that beat analysts' estimates as U.S. consumer spending increased.

If the banking industry has the upper hand in the fight over swipe fees — and it certainly appears to — its advantage stems in no small part from divisions within the eight million retailers in the United States. It's always easier to defeat a divided enemy than a united one.

Parkmobile USA Inc. is making payment for metered parking spaces less expensive for its members in Washington, D.C. with a Parkmobile Wallet option for aggregating credit or debit card transactions.

Credit bureau and data verification provider Equifax has developed a service to help payment processors meet merchant validation requirements for new tax reporting obligations that went into effect this year.

Barnes & Noble was sued by a Chicago-area consumer over the possible illicit capture of her debit card PIN and those of other customers in Illinois and eight other U.S. states.

BBVA will launch a trial of the V.me digital wallet with Visa Europe next month, making it the latest bank to support Visa’s digital wallet and the first in Spain to do so.

European parking lot company Q-Park will begin offering consumers the ability to pay for parking with devices that adhere to the EMV payment standard.

Security services firm ControlScan has partnered with payment processor Allifide Merchant Group to provide small and medium-sized businesses compliance services for Payment Card Industry security standards.

Banks in the path of Hurricane Sandy braced Sunday for the storm's arrival, while making plans to help their operations weather it without interruption.

Tim Murphy, chief product officer at MasterCard Inc., spoke to PaymentsSource about why the industry needs the EMV standard, as well as the various challenges facing his company as the payments ecosystem moves into a new, technology-driven era.

Payment processing technology provider SecureNet has launched an instant merchant account boarding software that allows the merchant to begin accepting payments immediately, rather than endure a two-day wait.

Discover Financial Services and Google may be developing a partnership that would provide a “new way” to use Google Wallet, which today works primarily through Near Field Communication technology and a virtual MasterCard account.

Natural Security SAS has launched a contactless card payment system utilizing biometrics for authentication with its partner banks in France.

As Wright Express Corp. expands internationally and creates new products not solely focused on the freight community, it decided it was appropriate to pick a new name. Wright Express now calls itself WEX Inc.

In recent months, several payments industry players have expanded north into Canada, benefiting from the country's similar financial landscape and largely absent language barrier, but sometimes slowed by differences in regulation and technology.

As Isis launched its long-awaited mobile wallet test in Salt Lake City and Austin, Texas, many people flocked to try it out — and quickly reported their impressions over Twitter.

A proposed settlement of a merchants’ lawsuit over credit card fees that may cost Visa Inc., MasterCard Inc. and banks as much as $7.25 billion is probably worthy of approval, a federal judge said.

Paul Whitmore was direct and blunt in his assessment of the state of payments in the U.S. when he spoke at this week's Chicago Payments Symposium at the Federal Reserve Bank of Chicago: "I've been sitting here for two days, wondering how did you get yourself into this mess?"

Dwolla now allows users to make payments in batches, a feature designed to elevate the service beyond person-to-person payments and turn it into a viable tool for business.