While First Data Corp. vows to contest action by the Department of Justice to stop its acquisition of Concord EFS, industry observers say the Denver-based processing giant may have good reason to fight for a stronger position in the market for debit transactions secured by personal identification numbers. The $7.3 …

A payment service that allows Internet content and service providers to bill their customers via their phone bill has been gaining momentum. Although San Jose, Calif.-based PaymentOne, a billing service for 50 large Internet service companies, provides those companies with six different payment options, the PhoneBill choice is being used …

Celebrated movie actor Arnold Schwarzeneggar may have won yesterday’s wild and woolly recall election in California, but a verdict is still pending on the security and reliability of the ATM-like touch-screen voting machines used in four California counties. Some computer scientists and other observers fear the machines are susceptible to …