Economy

Commerce Payment Systems, a Long Island-based ISO, has found a way to close 30% more deals and cut costs at the same time.

BB&T, which was sued for patent infringement, says the patent in question is "unpatentable" and should be canceled.

For years Zions First National Bank has been a top SBA lender in its markets, but Lori Chillingworth keeps finding ways to make this highly profitable business even stronger.

Google Wallet is getting over its reliance on a small set of Near Field Communication-equipped handsets with a new app that works on any phone running version 2.3 or higher of the Android mobile operating system.

Columbus Data Services, an ATM processor, has completed MasterCard end-to-end certification for all Triton ATM products. As a result, CDS is now processing transactions that comply with the EMV-chip card standard on MasterCard networks.

Making payments on a television may seem like a Jetsons-era dream, but it's drawing the attention of modern-day payment companies that see the disruptive potential of TV.

When Shae Whitney was selling bitters at farmer's markets for a year and a half, she used Square's mobile card reader to accept payments. But when she opened a retail location with her partner in June, she switched to Groupon's iPad-based point of sale system, Breadcrumb.

There has been an avalanche of new mobile technology in just the past few weeks. The iPhone 5s, Samsung Galaxy Gear and Google Moto X bring with them a wide range of new systems for payments — and companies like PayPal and Fiserv are making noise with new products of their own.

Payment processor Cynergy is getting into the mobile point of sale game, hoping its existing mix of merchant services and mobile technology will capture attention in a crowded market.

MCX, a retailer-driven mobile commerce initiative, is being steadily built upon retailers' desire to control their own customer data and possibly lessen the sting of, or bypass totally, card payment interchange fees. But it must still deliver two key things: a brand and a product.

MagicBand, a system that Walt Disney Co. has been testing all year with a limited number of employees and Walt Disney World resort patrons, seems to be poised for success based on what looks like an extreme level of commitment to it — so far.

The launch of PayPal’s revamped mobile app may demonstrate the company has laid the foundation to become a serious offline payments player.

Seven card-issuing banks can sue Heartland Payment Systems Inc. for negligence stemming from the processor’s 2008 data breach, the 5th U.S. Circuit Court of Appeals has ruled.

Many mobile commerce systems are built on the premise that we need something simpler than typing a complex password on a small screen. With the iPhone 5S, Apple unveiled its own solution: a fingerprint scanner.

Lighter Capital is mining Big Data to analyze credit risk from a novel source: the sales pipeline. The startup is pulling information about prospective business borrowers from Salesforce's Customer Relationship Management system into its online lending platform.

Today's the day Apple unveils the successor to the iPhone 5. Here's a look at the leaks, patent applications and other rumors that shed light on the company's mobile payment plans.

PayPal has unveiled PayPal Beacon, a plug-in device for merchants that will detect when shoppers running PayPal's mobile app enter a store.

Buttercoin wanted to be a Bitcoin exchange, but after being discouraged or outright rejected by over 76 financial institutions, it chose a different path.