More than a score of Texas cities have been hit with ransomware, crippling their municipal computer systems and accounting for one-third of all municipal ransomware attacks so far this year, according to Armor Defense Inc., a cloud-security company. It released a ransomware report Tuesday. Among the latest cities is Borger, …

As merchants, consumers, and financial institutions contend with the aftereffects of unceasing data breaches, Visa Inc. is adding new products to help prevent and disrupt payment fraud. Announced Tuesday, the roster of new products include Vital Signs, which monitors transactions and alerts financial institutions to signs of potential fraudulent activity …

The new chief executive of the Electronic Transactions Association will begin work the week of Sept. 3. The Washington, D.C.-based ETA said Thursday Jodie L. Kelley, senior vice president and general counsel at BSA-The Software Alliance, assumes the role vacated in January by Jason Oxman, who left to head up …

Priority Technology Holdings Inc.’s total merchant bank card processing volume increased 10.9% in the second quarter, from $9.9 billion to $11 billion, but the merchant acquirer continues to deal with the wind-down of some online subscription-billing merchants. Alpharetta, Ga.-based Priority said Tuesday that the wind-down of the subscription merchants stems …

Apple Inc. says 12 U.S. colleges, with more than 100,000 students, will enable contactless student IDs in Apple Wallet this school year. The students will be able to use their student IDs on iPhones and Apple Watches to enter buildings protected by keycard access, buy meals, and make purchases in college …

As payment companies expand ways for consumers to make digital payments, 62% of North American merchants, bankers, and fintech providers expect more such payments within the next two years, says Forrester Research Inc. in its “Understanding the Evolving Payments Landscape” report released Monday. Commissioned by Visa Inc., the report also found …

Pursuing integrated payments and software developers that facilitate the payment type appears to be paying off for i3 Verticals Inc. The Nashville, Tenn.-based firm said integrated payments accounted for 51% and 49% of its payment volume in the third quarter and nine-month period, respectively. That’s up from 49% in the …

Dual-interface credit and debit card sales lifted CPI Card Group Inc.’s second-quarter sales figure, the company reported Wednesday. As the nation’s issuers increase their orders for the near-field communications-equipped chip cards—the cards can be dipped into a point-of-sale terminal or tapped against compatible devices to do a transaction—Littleton, Colo.-based CPI …

A new report about online security finds that 50% of phishing domains that researchers tracked mimicked the Web sites of financial-services companies. The findings come from the “State of the Internet/Security” report released Wednesday by Cambridge, Mass.-based Web-services provider Akamai Technologies. Forever a favorite of criminals, banks and other financial …

Fidelity National Information Services Inc. (FIS) said it has closed on its $43-billion cash-and-stock acquisition of processor Worldpay Inc. The deal was announced in March. Wednesday’s announcement follows approval of the merger by Worldpay shareholders last week and by the Federal Trade Commission in April.Apple Inc. CEO Tim Cook reported the Apple Pay mobile-payments service is now completing nearly …