Credit

Fraudsters are taking their attacks on banks and payment companies to alarming new levels using automation and cloud-based servers, according to a new report from Guardian Analytics and McAfee.

Consumers weary of shuffling through various credit cards to get the best rewards could get relief from a new service that automates the selection of the proper card.

To get to the Olympics this year, most people pay for tickets. One couple might get there by paying for a soda.

The long-time leaders in manufacturing payment terminals are adapting to respond to the likes of Square Inc., which this month said that some 2 million individuals and small businesses are using its dongle and mobile application to accept cards using smartphones.

American Express Co. has hatched a new name for its corporate digital payments service to drive home the message that it offers more than just cards for buyers initiating transactions.

Mobile wallet mania is experiencing another surge that some consider overblown.

The credit card tech provider Paynet Systems has added a tool to its Credit Card Machine app that allows merchants to request reviews on social media at the end of a transaction.

Positive credit card charge-off trends resumed during May as the average charge-off rate for credit card receivables in securitized trusts fell, reaching its lowest point since October 2007, Moody's said June 22.

MasterCard, with a headcount of 6,700, is taking some of its cues in mobile payments from the likes of PaidPiper, a six-month-old company with just 10 employees. The card network is relying in part on ideas from the start-up to design its software tools for developers in mobile payments.

The Girl Scout troops are once again proving to be an ideal test case for mobile card acceptance.

With pilots nearly complete, mobile-imaging software provider Mitek Systems, perhaps best known for its check capture technology, expects the launch soon of similar imaging services to help users make payments instead of just deposits.

Consumer use of payment cards is very much in flux, and contradictory trends are making it hard for issuers to react.

Consumers are increasingly using payment cards at vending machines, and the owners of the devices are reaping the benefits through higher ticket sales and increased transaction volume.

Citigroup launched a credit card for business owners that allows users to earn rewards across their business and personal spending.

Fraud is eating 1.5% of the revenue from airline tickets sold online as merchants struggle to block criminals without making the purchase process too cumbersome for consumers.

Square has shut out independent sales organizations as distributors of its mobile card reader. Now one ISO has gone on the offensive by offering its own.

The online music station Pandora is all about variety, but JPMorgan Chase is attempting to limit its selection in one area: advertising.

Discover Financial Services may be having more success than its peers in getting consumers to revolve balances from month to month — which is where more profits lie.

Each day, the payments industry receives signals that consumers are happier using a contactless card system to pay transit fares than they are using the cards in stores.

Turning a phone into a credit card reader is no longer anything special. Square, facing increasing competition from bigger rivals, is adding features to its small plastic card reader to make it a more fleshed-out product for merchants.