Payment processing

Some data breaches can't be prevented. But too many occur when data-storage companies fail to make use of "aggravatingly simple protections," a new Javelin Strategy & Research report says.

Visa is working to approve more mobile point of sale hardware, including products from iZettle, SumUp and Swiff.

Merchant Warehouse will make its Genius payments and marketing platform available to Retail Pro International LLC customers in what amounts to "future-proofing and a lot more" for the merchant payment terminals, says CEO Henry Helgeson.

With the government cracking down on digital currency players such as Liberty Reserve and Mt. Gox, many ask whether it's a move to squash the development of virtual currencies and what action the government will take next.

Fortumo Ltd. has secured a partnership with handset manufacturer ZTE Joygor to provide in-app purchasing and billing software on ZTE handsets.

President Obama's moves to rein in patent litigation should ease the squabbling over intellectual property that's hampered innovation in payments and should also reduce banks' legal costs.

Discover Financial Services said earnings per share will be reduced this quarter after it had to acquire some businesses in Europe and regulators revoked the license of a Slovenian franchise.

A group of small businesses filed a lawsuit challenging New York's law prohibiting merchants from imposing surcharges to make up for the fees they must remit when customers pay with a credit card.

As EMV-chip cards spread, with most U.S. merchants expected to accept the card by October 2015, there is still a major hurdle to overcome as consumers either resist the change or remain oblivious to it.

Card-linked offers, a concept commonly seen as a lure to attract consumers to use mobile wallets, is growing in popularity with plain old plastic.

Zipmark, a company that allows businesses to send and receive digital checks, is working with the processor Vantiv Inc., potentially bringing more than 400,000 merchant relationships to Zipmark's money transfer platform.

Blackhawk Network Inc. is working with Monitise PLC to enable U.S. consumers to purchase gift cards on their smartphones through their financial institution's mobile banking site.

Liberty Reserve provided a service that had a true market demand from legitimate business sectors and from non-criminals, notwithstanding the government’s claim that “virtually all” its business was illicit. If banks and traditional financial institutions still respected basic client privacy and facilitated some form of digital payments that did not always involve harmful reversibility to the merchants, then companies like Liberty Reserve wouldn't even be necessary.

NetSpend and Total System Services amended the terms of their proposed acquisition to settle a pair of shareholder lawsuits and allow a twice-delayed vote on the deal to proceed later this month.

I-Free is offering a number of contactless payment services in Russia, including a mobile wallet that allows the remote issuance and download of mobile MasterCard PayPass cards, transportation fare services and geolocation-based coupons.

Wex Inc. will provide clients of Globalia, a travel services provider in Europe, with the Wex Travel Solution virtual payment options.

Believe.in, a U.K. company that provides technology for accepting donations online, has a no-fee structure that allows charities to receive donations using technology from Stripe.

BlueSnap is among a growing number of vendors offering to manage the complex programming needs of emerging payments systems on behalf of other companies.

Natural Security SAS hopes North America will be as receptive to its biometric payment authentication system as France is.

The legal fight over credit card swipe fees has been going on for years, but a resolution nears even as opponents' voices get louder. Here are some of the most noteworthy events in the ongoing courtroom case.