Economy

Intuit Inc. has confirmed reports that it acquired Boston-based mobile-commerce provider AisleBuyer LLC on April 9.

Global Payments Inc.'s recent data breach is causing many in the payments industry participants, including hundreds of small U.S. processors, to recheck their security, one security expert contends.

PayPal Inc. has recast its offerings for small merchants, a move it says builds on its recent launch of the PayPal Here portable card reader.

Payments-terminal makers are fighting a war on at least two fronts.

Cardtronics Inc. has entered into a series of agreements intended to stabilize the interest rates it pays on the $1.3 billion in constant vault cash it rents to stock the ATMs it owns.

ISOs and agents have relied on value-added services for decades to differentiate themselves and ensure repeat business.

Google Inc. has acquired prepaid card processor TxVia, the companies announced April 2.

The Global Payments Inc. breach and others like it suggest the payment industry should rethink how it protects card data.

Global Payments' response to the data breach disclosed last week, as well as the card networks' response, followed a familiar script.

WASHINGTON – Lawmakers are calling for immediate action to pass long-stalled data-security legislation in the face of last week’s news of a massive data breach at cards processor Global Payments Inc.

A technical problem affecting the Visa network barred consumers from using their credit and debit cards for about 45 minutes on Sunday, April 1, the card brand says.

WASHINGTON–The nation's capital is paying attention to mobile payments. Whether that will help or hurt the industry's growth, however, remains an open question.

A data breach at a card processor may have affected more than 10 million Visa and MasterCard accounts, security expert Brian Krebs reported March 30 on his blog.

The drumbeats are growing louder for the Consumer Financial Protection Bureau to take action on reloadable prepaid cards.

With mobile-payment technology advancing quickly, the demise of plastic payment cards might seem near. But that’s not so, experts agree.

Surcharge-free ATMs. The very phrase holds the power to frighten the bravest of cash-machine deployers.

Companies are getting better at recovering from data breaches, but the risks of a major incident remain as high as ever.

First Data Corp. is giving the name “Universal Commerce” to the company’s campaign to combine online and offline shopping and loyalty rewards.

A recent acquisition is enabling Trustwave to add malicious-software detection to the data-security scans the company performs to check compliance with Payment Card Industry data security standards.

Speculation about one of the world’s largest payment processors going public in early 2012 had potential investors humming last summer. On March 22, Vantiv Inc. turned eight months of speculation into reality with its initial offering on the New York Stock Exchange, expected to raise $500 million for the Cincinnati-based processor.