Apriva LLC, a payments provider for unattended retail, said its network will support the viv mobile-payments app from Vagabond, allowing college students to use virtual campus cards for vending-machine purchases. In related news, Apriva said it will support mobile payments for AveriGo LLC, a software provider for the vending and …

Not all security breaches are designed to steal data. Instead, an increasing number these days are programmed to hold data hostage. And the sums demanded by the malefactors behind so-called ransomware attacks are rising fast. The average ransom in the first quarter came to $12,762, up 89% just from the …

Allied Irish Banks p.l.c. and processor First Data Corp. formed a joint venture to acquire a 96% stake in Payzone, operator of Ireland’s largest retail payment network, for about €100 million ($112.5 million) including debt. AIB will own 75% of the joint venture and First Data 25%, according to The Irish …

American Express Co. reported first-quarter U.S. card-billed business of $195.5 billion, up 7% year-over-year. International volume slipped 1% to $100.2 billion, bringing AmEx’s total billed business to $295.7 billion, a 4% increase from $283.8 billion a year earlier. Discount revenue rose 5% to $6.2 billion. AmEx said its average worldwide …

A surge in gift transactions on the Zelle person-to-person payment network has led JPMorgan Chase & Co. to roll out a feature allowing its mobile users to send digital gift cards. The new service, announced Monday, is available now for both mobile and online customers and enables more than 60 …

Ahead of a major push for EMV chip card payments at fuel pumps, some 62% of U.S. adults are concerned about the security of their financial data when making payments at fuel pumps or convenience stores, according to a March survey of 1,270 adults conducted by YouGov and released Monday …

Global Payments Inc. has become an acquirer for Discover, Diners Club International, and affiliate partner card transactions in Hong Kong and Taiwan. Global Payments already acquires for Discover Financial Services in the United States, United Kingdom, and Canada. A growing trucking industry and a need to control fuel costs helped …

Which payment method holds the dubious distinction of racking up the fastest growth in fraud last year? According to the latest annual fraud report from the Association for Financial Professionals, it’s debits and credits on the automated clearing house network. In fact, the ACH was the only payment method examined …

Physical gift cards may want to look over their shoulders, so to speak. Digital gift cards are gaining ground, especially among younger consumers, finds new research from Blackhawk Network Holdings Inc., a Pleasanton, Calif.-based gift card specialist. Chief among the results is that 41% of Generation Z consumers, generally those …

Checkbook, a provider of digital-check technology, introduced Instant Pay, a service that lets businesses push funds into consumer and corporate bank accounts using Visa Direct, Visa Inc.’s push-payments network. Checkbook’s founder is PJ Gupta, former chief network architect at Visa. First American Payment Systems LP said it now offers Idealpos’s …