Retailers

Sony Computer Entertainment America LLC has warned its video-game console users that their credit card information might have been compromised in a recent security breach that has affected the PlayStation 3’s online network as well as the company’s streaming music and video service.

Improving economic conditions and organic growth helped processor Total System Services Inc., or TSYS, on April 26 to report a 3.8% rise in first quarter revenue, to $429.4 million from $413.5 million during the same period last year. Net income was $49.4 million, down 4.6% from $51.8 million.

A sign that international travel regained some of the momentum lost during the recession, new data from Visa Inc. show that travelers going to and from the U.S. boosted their spending significantly last year.

Two Russian immigrants on April 20 were charged in Fayetteville, N.C., with skimming credit and debit card data from members at four credit unions at three local ATMs.

WASHINGTON — While the banking industry clearly has momentum on its side in the fight to delay a rule that would limit debit interchange fees, time for Congress to act is rapidly running out.

American Express Co. is hitting the streets in Eugene, Ore., to promote Serve, its digital wallet for those consumers who are turned off by the elite branding of its main product line.

Visa Inc. is working with clothing retailer Gap Inc. to deliver discounts to cardholders via mobile phone SMS text messages.

Significant improvement in consumer credit helped Wells Fargo & Co. to cross-sell a record of combined products per household during the first quarter, the company announced April 20.

Payment-terminal software applications are poised to play a significant role in the Near Field Communication payment ecosystem.

The Republic of Botswana’s First National Bank has launched a mobile wallet for its customers in the African country, a spokesperson for the bank tells PaymentsSource.

WASHINGTON — As Congress continues to struggle over whether to delay a pending Federal Reserve Board plan to cap interchange fees for debit cards, a key question remains unresolved: How far is the central bank prepared to go on its own to modify the rule?

Sears Holding Corp.’s Kmart department stores have begun offering an improved version of Western Union Co.’s walk-in bill payment service.

Acculynk Inc. has put its independent sales organization reseller program on the backburner as it focuses on its core business, but at least one observer believes the company’s PaySecure Internet-PIN debit product is still a valuable add-on service for merchant acquirers.

Selling mobile-processing services can prove quite profitable for independent sales organizations, observers say.

Richard Davis, the top executive at U.S. Bancorp and chairman of the Financial Services Roundtable, told analysts April 19 it is a toss-up as to whether the Federal Reserve Board would press ahead with its proposed 12-cent cap on debit card interchange.

Richard Davis, the top executive at U.S. Bancorp and chairman of the Financial Services Roundtable, told analysts April 19 it is a toss-up as to whether the Federal Reserve Board would press ahead with its proposed 12-cent cap on debit card interchange.

A U.S. appellate court has approved Minnesota’s TCF Bank’s request for an expedited appeal of a lower court ruling denying a bid to block the Federal Reserve’s final rule on interchange charges, setting up a three-way race between the courts, the Fed and Congress on the controversial effort to limit the lucrative fees.

The Obama administration announced Friday the release of a strategy to protect consumer and business identities in cyberspace.

The availability of NFC smartphones — an ingredient many say is necessary for mobile payments systems to take off — may be a less onerous problem by 2014, a report from Juniper Research said.

AisleBuyer LLC, a Boston company, is selling mobile software that enables a consumer to scan an image of a payment card and use it to pay for in-store and online purchases.