Technology
Technology
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Safaricom Ltd., the largest mobile operator in Kenya, is working with U.S.-based payments provider PayPal Inc. on a platform to enable consumers to pay school fees directly to institutions’ bank accounts using their mobile phones, the companies announced earlier this month.
January 24 -
First Data Corp. has expanded its agreement with Warsaw, Poland-based Getin Noble Bank SA to include card-issuing and payment-processing services for the bank’s contactless card program, First Data announced Jan. 19.
January 24 -
The online banking and bill payment provider Online Resources Corp. said Friday that its board is "evaluating unsolicited expressions of interest in potential business combinations."
January 24 -
After a year in testing, RDM Corp.’s smartphone check-imaging application Simply Deposit Mobile is now available for all merchants, RDM announced Jan. 20.
January 24 -
Japanese conglomerate Mitsui & Co. Ltd. has acquired 14.9% stake in Qiwi Ltd., a Russian company registered in Cyprus that specializes in instant-payment kiosks, the two companies announced Jan. 18. Terms were not disclosed.
January 21 -
SoftBank Mobile Corp. will start a Near Field Communication payment pilot with smartphones powered by Android 2.2 operating system late this quarter, the Tokyo-based subsidiary of Japanese telecommunication operator SoftBank Corp. announced Jan.18.
January 21 -
Twitter co-founder Jack Dorsey has filed suit against a local college professor over the patent rights to Square, a credit card reader that can be attached to smartphones.
January 21 - PSO content
First Data Corp.’s decision to consolidate its merchant and card-issuer processing operations could help the payments company trim costs and better seize opportunities stemming from pending debit card regulation, analysts said last week.
January 21 -
As business lending begins to show some vigor, fainter signs of life have cropped up in other credit categories.
January 21 -
Proposed limits on debit card interchange fees should have a neutral to positive impact on eBay Inc.’s PayPal Inc. operations, at least in the short term, Bob Swan, eBay chief financial officer, told analysts Jan. 19 during a conference call to discuss fourth-quarter earnings.
January 21 -
EBay Inc.’s PayPal Inc. unit in 2010 nearly tripled its eBay Mobile gross merchandise volume to $2 billion from the previous year, driven by strong holiday shopping, John Donahoe, eBay president and CEO, told analysts Jan. 19 during a conference call to discuss fourth-quarter earnings.
January 20 - PSO content
Convoke Systems announced that 15 of the nation’s top credit card debt buyers are now customers only two years after the company entered the market.
January 20 -
The Durbin amendment carved out smaller banks from its mandate to restrict debit swipe fees, and at least one of the major networks is willing to oblige, but equity markets do not appear to have cut the group much slack.
January 20 -
At first glance Xipwire Inc.'s mobile payments system seems obsolete next to competing services — its software isn't based on a sleek-looking digital wallet application on a smartphone and it doesn't rely on payment chips that turn mobile devices into tap-and-go credit cards.
January 20 -
GAINESVILLE, Fla. – SunState FCU has selected Bluepoint Solutions’ entire suite of item processing products with multiple capture solutions, as well as Bluepoint’s full enterprise content management suite.
January 19 -
EBay Inc.’s payment unit, which includes PayPal Inc. and Bill Me Later, experienced a strong fourth quarter, eBay reported this afternoon.
January 19 -
Manila’s two suburban rail networks are conducting a trial in the Philippines to test the use of a common contactless smart card for their commuters.
January 19 -
Tanzania Posts Corp. and Vodacom Tanzania Ltd. have inked a mobile-banking agreement in which Vodacom will use the postal service’s network of branches as agents to support its M-Pesa funds-transfer service.
January 19 -
Acculynk Inc. has worked over the past two years to position its PaySecure product as the standard for Internet PIN-debit transactions. It now plans to bring the same payment technology to smartphones.
January 19 -
Starbucks Corp.’s Grande-sized mobile payments trial has gone Venti.
January 19


