Although the decision by fast-food king McDonald's Corp. to shut down its test of ExxonMobil Corp.'s Speedpass contactless payment product seems to be a setback for the technology, not all observers agree. Indeed, some are convinced transactions based on radio-frequency identification (RFID) still have a bright future at high-throughput locations–maybe …

Bank card acquirers are increasingly tacking on fees to handle American Express Co. transactions at terminals they deploy for merchants, a tactic that may work in their favor as AmEx signs on more banks as issuers of the T&E company's products. That's among the major findings of the most recent …

When President Bush signed the Check Clearing for the 21st Century (Check 21) Act into law last month, he unleashed a flurry of activity among financial institutions and vendors looking for ways to take advantage of the law, which allows banks to exchange electronic images of checks instead of the …