The U.S. House of Representatives’ Financial Services Committee on Tuesday afternoon was scheduled to consider a data-security bill that is drawing fire from merchant trade groups and consumer advocates, but which has the support of the American Bankers Association. H.R. 2205, the Data Security Act of 2015, was introduced last …

A new survey shows users of remote deposit capture overwhelmingly say the benefits of the service far outweigh its risks and costs. Other recent surveys by RemoteDepositCapture.com, a news and information clearinghouse, reveal the cost benefits users assign to the service and show that many users take weeks to destroy …

A gas-station and convenience-store chain is proving you don’t have to sell fancy coffee concoctions to generate impressive results with a mobile app. The program called SmartPay from Cumberland Farms, which operates nearly 600 stores in eight Northeastern states, enrolled 100,000 customers in the first 45 days after its 2013 …

Gasoline retailer Cumberland Farms, which operates nearly 600 stores in eight Northeastern states, is proving you don’t have to sell fancy coffee concoctions to generate impressive results with a mobile app. The program, which Cumberland calls SmartPay, enrolled 100,000 customers in the first 45 days after its 2013 launch—a response …

Consumers this fall will be able to use their smart phones to pay for fuel at certain gas stations that use VeriFone Systems Inc. technology and offer National Payment Card Association’s mobile-payment app, VeriFone announced Monday. Point-of-sale terminal maker VeriFone says convenience store and gas station operators using its Smart …

With little fanfare, Global Payments Inc. last week disclosed that the payment card networks had returned it their lists of processors compliant with the Payment Card Industry data-security standard (PCI) following remediation efforts the merchant processor began after the data breach it disclosed a year ago. Atlanta-based Global Payments also …

Linda Punch Hobbled by limited resources and other handicaps, government units are struggling to combat a rising onslaught from online data thieves. When news of a data breach hits the national headlines, it usually involves retailers, processors, and others in the private sector. But government entities from park districts and …

  American Express Co. will step up marketing of its Serve digital payment system early in the third quarter, following encouraging results from a pilot in Eugene, Ore., says David Messenger, executive vice president of online and mobile, American Express. “We’ve done a market test in Eugene and got some …

Visa Inc. has a struck an agreement with NeuStar Inc., a key player in the wireless telecommunications industry, that could enable financial institutions to develop more payment services for mobile devices. Created in 1998, Sterling, Va.-based NeuStar plays a unique role in the phone business. It acts as a neutral …

Responding in part to unique security issues created by electronic image exchange in the U.S., the nation's largest settler of clearinghouse check volume this week introduced a registry for what it calls image-survivable security features to protect check images from fraud. The registry, operated by the Dallas-based National Clearing House …