Payment processing

Fiserv Inc. plans to offer a same-day bill-payment service to banks by the second half of the year through a partnership with the Minneapolis-based funds-transfer company MoneyGram International Inc.

Small-business owners’ confidence rose in April, and a growing number are reporting improving business conditions, according to new data Discover Financial Services released April 26.

One payments company and four investor groups remain in the running for RBS WorldPay Inc., the merchant-services division of United Kingdom-based Royal Bank of Scotland, according to a source with knowledge of the process.

Card fraud has slowed to a crawl at Las Vegas-based Clark County Credit Union and CIO Roy Holmstrom is wondering whether he should thank his card-fraud prevention system for the good news.

Hoping to wring more electronic transactions from the shrinking pool of paper checks, Nacha is rethinking its stance on converting business checks into automated clearing house payments.

Increased revenue in several international markets contributed to positive first-quarter revenue growth for Ingenico SA, a France-based company. The company’s payment-terminal business experienced revenue growth after being “severely impacted” by the difficult economy in 2009, while its transaction-services business “performed in line with” company expectations, Ingenico noted April 21.

James G. Kelly, vice chairman and chief operating officer of Global Payments Inc., is leaving the Atlanta-based payment processor effective June 30, the company announced today.

Nagoya Railroad, the transportation bureau of the Japanese city of Nagoya, and four other public-transportation companies are planning to launch a contactless transit card called Manaca for use by riders of trains, buses and subways in Nagoya. The companies expect to complete the launch by next February.

The Payment Card Industry Security Standards Council will update all three of its standards this year, and it eventually may place all on a three-year update cycle, says Bob Russo, the council’s general manager.

A significant increase in purchase transactions Total System Services Inc. processed during the first three months of the year may be an indication consumer confidence in the economy is rising, the Columbus, Ga.-based payment processor suggested in its first-quarter earnings results yesterday afternoon.

Barclays Global Retail Bank India has linked its network of 12 ATMs with National Financial Switch, the country’s largest network of shared ATMs, an official at the National Payments Corp. of India tells PaymentsSource.

Fidelity National Information Services has agreed to pay the state almost $1 million and to implement data security for consumer records under a settlement of civil charges over the 2007 theft of consumer information by a former employee.

Heartland Payment Systems Inc. and Micros Systems Inc. have reached an amicable settlement in a 2007 antitrust and unlawful competition lawsuit the Princeton, N.J.-based processor filed against Micros. Other defendants included Chase Paymentech Solutions LLC and its subsidiary Merchant Link LLC.

U.S. Bancorp today reported credit and debit card revenue of $258 million for the first quarter ended March 31, up 0.8% from $256 million during the same period last year.

The potential to outfit 1.5 million vending machines with payment card readers has enticed Apriva, a wireless payment-services company, to start Apriva Vend, a cashless-payment service, the company announced today.

Convenience-store operators this month are launching a fresh campaign for interchange-rate reform with an interactive, animated Web video designed to explain to consumers how credit and debit card interchange fees hurt them economically.

Heartland Payment Systems Inc. has a new bank-sponsor agreement with Bancorp Bank of Wilmington, Del.

Say you are a marine deployed in Afghanistan and need to get funds to the U.S. double-time. Instead of mailing your paycheck out of a war-wracked country across the globe with no certainty when the deposit would arrive, you just take out your iPhone, snap a photo of both sides of the check, confirm the details, and the funds are in your account at home.

E-Commerce Association of Singapore has agreed to offer its online merchant clients payments services from PayPal Inc.

The Payment Card Industry Security Standards Council will update all three of its standards this year, and it eventually may place all on a three-year update cycle, says Bob Russo, the council’s general manager.