Technology
Technology
- PSO content
Bank of America Merrill Lynch is offering chip-and-PIN cards to middle-market U.S. clients and their staff who use credit cards globally.
April 7 -
Nacha, the electronic payments association, has introduced a voluntary program that would use largely electronic methods to fix exceptions or errors in bill payments.
April 7 -
Data security provider Foregenix is in the thick of the endless war on cybercrime. And the payments industry's biggest weapons are no deterrent to fraudsters, says Andrew Henwood, CEO of U.K.-based Foregenix.
April 7 -
Vietnam Eximbank has implemented biometric technology for over-the-counter and ATM transactions where only fingerprint is needed for authentication.
April 7 - PSO content
Santander Brasil SA, the Brazilian unit of Spain's biggest lender, agreed to acquire Getnet Tecnologia em Captura e Processamento de Transacoes H.U.A.H. SA for 1.1 billion reais ($490 million) to expand in the card payment-processor business.
April 7 -
Online payment provider BlueSnap has expanded its local payment methods for merchants selling wares in Brazil, Russia, India and China.
April 7 -
Last year, IdentityMind Global's banking partners began asking the anti-fraud and risk management provider to build an anti-money laundering system for the Bitcoin startups among the bank's clients. IdentityMind Global has now completed development on this AML technology.
April 7 -
Nigeria is steadily adding technology to tackle its fraud and risk problems, improving the country's reputation in the international payments landscape.
April 7 -
Smaller businesses often have trouble finding a product designed for their size, and gift cards are no exception, says Mike Fletcher, general manager of InComm Digital Solutions.
April 7 -
EBay Inc. now allows marketplace users in the U.S. to sell virtual currency, such as the popular decentralized cryptocurrency, Bitcoin.
April 4 -
Security vendor Trustwave has been named in another lawsuit filed against Target for damages related to the retailer's 2013 data breach.
April 4 -
The Royal Canadian Mint is halting development of its MintChip digital currency project, according to a report in The Wall Street Journal.
April 4 -
Walmart has long been as much a force in financial services as it has been in retail. Here are some of ways Walmart and its executives have shaped - and challenged - the payments industry.
April 4 - Wisconsin
ANTIGO, Wis. The "mobile-only" consumer, those conducting all of their remote banking activity via a tablet or smartphone, are growing in number quickly becoming a group that industry insiders and analysts say credit unions must cater to and support.
April 4 -
Wal-Mart Stores Inc. chose MasterCard Inc. to handle transactions for the merchant's store-branded credit cards, ending a nine-year relationship with Discover Financial Services.
April 4 -
Peter Hazlehurst, Google Wallet's director of product management, has quit Google, according to a report in The Wall Street Journal.
April 4 - PSO content
Online and mobile banking have forever transformed the way people bank, but the digital evolution has a dark side: it is increasingly creating new opportunities for fraudsters to hack into accounts.
April 4 -
SCVNGR's LevelUp has begun a campaign to urge users of its mobile wallet to fund payments from a debit card instead of a credit card. The end goal is to get its transaction fees as low as possible, while filling a void left by merchants who switched away from another pricing model it boldly called Interchange Zero.
April 4 -
Consumers in the U.K. are being encouraged to sign up for a new payments system that will allow person-to-person transfers to a mobile phone number.
April 3 -
Bitcoin ATM providers and virtual currency exchanges may be subject to Texas licensing requirements, according to regulatory guidelines issued by the Texas Banking Commissioner on April 3.
April 3



