Technology
Technology
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Visa and MasterCard may differ on their support of chip-and-PIN in the U.S., but they are of one mind in their approach to Australia.
July 29 -
In the crowded mobile point of sale market, One Step Retail Solutions is making a name for itself by providing its Teamwork Retail software to rap artist Jay-Z for his Rocawear clothing stores.
July 29 -
India's consumers have everything they need to move away from cashthey're just waiting for the right catalyst, according to Visa's Sam Shawki.
July 29 -
Merchant Customer Exchange, a mobile wallet initiative that involves more than 50 retailers, is coming into focus. Though the one-year-old MCX has yet to release a product, it has attracted key people and partnerships that demonstrate to the payments industry that it is a serious contender.
July 26 -
Davis and Henderson's planned $1.2 billion acquisition of Harland Financial Solutions marks the Canadian technology developer's biggest push into the U.S. market and its first foray into payments processing.
July 26 -
Onebip, a mobile bill payment company owned by Neomobile, launched an IP billing system in Turkey, allowing consumers to pay for online purchases through their broadband bill.
July 26 -
Spanish banks' profits were gutted last year as they struggled with the bursting of a decade-long property bubble. On Thursday, a trio of Spanish banks again reported rising bad debts, although the rate of increase showed a slowdown in the second quarter.
July 26 -
Viableware wants to differentiate its restaurant payment system by targeting high-end establishments with technology that doesn't erase the personal interaction between patrons and staff.
July 26 -
Despite all the attention being paid to mobile banking and mobile payments, one person believes that there wont be a dramatic increase in mobile usage within the next five years.
July 25 -
Credit and debit cards are transitioning over to the EMV standard at U.S. FIs, but one person called EMV a solution to a problem that doesnt actually exist in the industry.
July 25 -
Global Payments Inc. executives highlighted its strategic partnerships with PayPal Here in the U.K. and CaixaBank in Brazil as vital to its business in the coming year.
July 25 -
Payroll card provider ADP is updating its technology to provide greater visibility into users' financial health at a time when payroll cards face fresh scrutiny over costs to users.
July 25 -
Four Russians and a Ukrainian were charged in what prosecutors called the largest hacking and data breach scheme in U.S. history.
July 25 -
In what its president says could be a "watershed event" in the debate over EMV debit transactions, the Secure Remote Payment Council has softened its stance to welcome Visa and MasterCard applications on EMV-chip cards.
July 25 -
After forging new partnerships, MoneyGram International Inc.'s revenue rose 11%, to $365.1 million, in the second quarter from a year earlier.
July 25 -
The Dunkin' Donuts mobile payment app is "a continuing driver of sales" for the company, as more than 3 million customers have downloaded the app through the second quarter of 2013.
July 25 -
Vantiv's deal to buy Element Payment Services, combined with its purchase of Litle & Co. this year, accelerate the payment processor's move toward providing e-commerce and broader merchant services.
July 25 -
To combat the billions of dollars consumers lose in gray charges, or charges they are misled into paying, BillGuard has released an iOS mobile app.
July 25 -
Distressed homeowners are redefaulting in droves on loan modifications received through a government program, costing taxpayers billions and raising questions about the Treasury Department's oversight of mortgage servicers.
July 25 -
Fortumo Ltd., which provides mobile payments through carrier phone bills, has entered agreements with China Unicom and China Telecom.
July 25



