Technology
Technology
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KNOXVILLE, Tenn. A state appeals court on Wednesday overturned a lower courts ruling and revived a civil suit brought by Copper Basin FCU and CUMIS Insurance against Fiserv over a July 2009 computer breach that cost the Copper Hill, Tenn., credit union a loss of almost $550,000.
July 4 -
ROCK HILL, S.C. -- Family Trust FCU online banking services went down for several hours Wednesday because of human error.
July 4 -
Payment Alliance International sees an opportunity in the recent fallout of processors, banks, lenders and merchant services vendors that won't work with the firearms industry, and developed a program to provide its processing services to legitimate gun dealers.
July 3 -
Mobile and online payment network RentMoola has partnered with Landlord Web Solutions to offer Web and mobile payments to property managers in Canada.
July 3 -
Braintree, a six-year-old payment processor, says it now handles $10 billion in annual transactions. The milestone comes as the company is steadily growing its international customer base, most recently with the addition of Mojang, the Sweden-based maker of games like Minecraft and Scrolls.
July 3 -
Amazon.com Inc. and 7-Eleven Inc. sued Visa Inc. and MasterCard Inc. over card fees after rejecting a multibillion-dollar settlement in an antitrust case.
July 3 - PSO content
Chunghwa Telecom has hired Gemalto to secure its Near Field Communication payments program. CHT, Taiwans largest mobile operator with 10 million subscribers, will use Gemaltos UpTeq NFC SIM-embedded software to protect contactless payments. Gemaltos product also enables CHT to deploy and manage additional NFC services.
July 3 -
LevelUp will integrate its loyalty and mobile payment technology into the pcAmerica Restaurant Pro Express and Cash Register Express point of sale systems.
July 3 - PSO content
As I tried on my colleague's Google Glass headset, I had a flashback to my first time using the Starbucks app to make a payment. And I was surprised to find Google Glass worked better.
July 3 -
ST. LOUIS Vantage CU has rolled out Google Wallet a free digital wallet that allows people to use their phone to pay for goods and services at participating merchants for its members who use the Android smart phone.
July 2 -
Coinstar Inc. is changing its name to reflect the growing number of services that its ubiquitous kiosks provide a move that in many ways mirrors how the company's flagship coin counters have evolved to become a diversified payments player.
July 2 -
The FTC's move to hold payment processors responsible for the deeds of unscrupulous merchants could result in higher prices or fewer choices for small businesses and consumers.
July 2 -
By entering a partnership to develop new mobile money platforms with global wireless carrier Telefónica, Monitise Plc is expanding the reach of its mobile payments and banking technology beyond financial institutions and traditional payments companies.
July 2 -
Wintrust Financial, a community bank holding company in Illinois, is piloting an app that lets customers pre-order cash at ATMs.
July 2 -
The "nuclear football" allows the president to order a nuclear missile attack from any location, and ZenithSecure took its idea for a new data security vault straight from the playbook for protecting those launch codes.
July 2 -
MOOSE LAKE, Minn. -- Lake State CU is adding a new branch in Duluth, Minn. -- more than 40 miles away from its nearest branch -- by using interactive video technology from NCR.
July 2 -
Users of the currency exchange Ripple Network can now make payments in any currency directly to all Bitcoin users, including 8,500 Bitcoin merchants, through a partnership with BitStamp.net.BitStamp.net allows the Ripple Network to convert currencies into bitcoins by accepting payments in any currency and paying merchants in bitcoins. The offering, called Bitcoin Bridge, was announced at the Bitcoin London conference July 2.
July 2 -
Advertising industry payments have become challenging to manage, as expanding media outlets create diverse cash flows between clients, ad agencies and media outlets.That complexity is driving a partnership between AnchorOps, a company that partners with advertising and media agencies to provide electronic payments, audits, reconciliation and software development and Wex, a provider of corporate payment products. The two companies have launched AnchorOps ePay, which customizes payments for advertising and media buying agencies.
July 2 -
Don Mattrick, who has led development of the Xbox video game console for six years as Microsoft's president of interactive entertainment, is leaving the company to become CEO of social media game developer Zynga.
July 2 -
SPOKANE, Wash. Global CU is expanding its mobile suite with Mobile MoveIt, a person-2-person service driven by PayPal that gives members the ability to send money to almost anyone, anywhere from their mobile phone.
July 1


