PORTLAND, Maine — Synergent Technology Services has signed Manchester, N.H.-based Members First Credit Union to use the Episys Core Processing Solution by Symitar.

Google's rumored bill presentment service, called Pony Express, is still in development and has not been officially announced. But the email-based payment service has the potential to disrupt the banking world — if it can overcome the significant obstacles ahead of it.

MasterCard has joined forces with celebrity chef Marcus Samuelsson to deploy its Qkr app at the product's first restaurant location in the United States.

American Express' financial performance is already suffering from the pending loss of its Costco card business in U.S., pressuring the company's focus on emerging payments technology to provide a financial lift to calm nervous investors.

No two digital wallets are alike, but there is a growing interest within the payments industry in standardizing a base layer for digital payments.

Modern consumer cars may not be as full-featured as the Batmobile or Knight Rider's KITT, but they are getting closer, and a growing number of financial companies want to put their products under the hood.

While Google may be the behemoth in web search, its payments initiatives leave a lot to be desired.

Taco Bell will start its first customer-loyalty program later this year in an effort to keep diners coming into the restaurants regularly.

Chief Executive Officer Ken Chenault is under pressure to demonstrate how Amex can recover from setbacks including the end of a partnership with Costco Wholesale Corp.

WASHINGTON — Sens. Thomas Carper, D-Del., and Sen. Roy Blunt, R-Missouri, introduced a bill this week that would establish national data security and notification standards.

Reports that Target is close to paying MasterCard nearly $20 million to reimburse credit unions and banks for the costs associated with the retailer's 2013 data breach is not good enough for one CU trade group.

Apple Pay may be just what the doctor ordered for health care payments, with its emphasis on both security and communication.

HSBC has informed New Hampshire's Attorney General of a compromise of some records of current and former mortgage customers of its HSBC Finance unit.

Just as the Apple Watch arrives to take over many of the functions of a fitness band, Jawbone has announced a new line of bracelets with payment features just like an Apple product.

As financial institutions worldwide move to cut off relationships with industries that regulators consider risky, the few banks that serve these businesses are charging hefty fees for basic services.

The number of merchants and vendors that care about addressing fraud and managing risk has decreased over the past year, as their attention drifts to the complexity of new payment systems.

In the payments’ context, establishing an inclusive process is easier said than done, since the majority of stakeholders interact with payment systems at the periphery without much awareness of its inner workings. While payments are often compared to a "plumbing system" or rails, it's actually more helpful to see the ecosystem as a "highway."

Several issuers use card controls to soothe consumer fears, and Discover is building on this foundation to engage consumers at the network level and encourage more frequent and sophisticated use of mobile devices.

The Payment Card Industry Security Standards Council released its 3.1 update to the industry's data security standards April 15 to address the payment data vulnerabilities of the Secure Sockets Layer encryption protocol.

Dozens of security reports come out every year; Verizon's annual Data Breach Investigations Report is the Farmer's Almanac of them, the one referred to in PowerPoint presentations throughout the year.