Reporting rapid growth for its payment service and rising interest in a new marketing and finance platform it rolled out last month, I4 Commerce Inc. says it will begin next year expanding into new payment channels, with debit and stored-value ranking as distinct possibilities. The company will end the year …

Recent reports concerning the dual online threats of phishing and malware indicate mixed news: the phishing threat is down as measured by number of incidents, but fraudsters' use of malicious code to steal passwords and re-direct unsuspecting Web users is increasing steadily. Postini Inc., a Redwood City, Calif.-based producer of …

Second-quarter financial results from Houston-based Cardtronics Inc. show the country's largest non-bank ATM operator has more than doubled the number of ATMs it runs, to 26,241, in the year from June 30, 2004, primarily owing to its $106-million acquisition in June last year of E*Trade Financial Services' portfolio of 15,000 …

MasterCard International said today it will appeal a decision from the U.K.'s Office of Fair Trading that concluded the bank card network's method of setting interchange was anti-competitive. Meanwhile, a trade group representing British merchants said it was disappointed in the OFT ruling and may also appeal. The U.K. regulator …

With online merchants in the U.S. increasingly seeking business overseas, TransFirst Inc. is adopting automated currency-conversion technology from E4X Inc. Dallas-based TransFirst, which processes card transactions for 160,000 merchants?including an increasing number of card-not-present merchants?will offer automated currency conversion to its clients as part of its processing service. E4X says …

A top official of a regional gasoline marketers' association who wrote a letter to Congress earlier this month calling for regulation of bank card interchange fees says he would like to see the federal government impose a cap on interchange. “They need to look at Australia [where banking regulators last …

Point-of-sale terminal maker VeriFone Holdings Inc., which early this year led a long-awaited and closely watched initial public offering, reports its net income for the quarter ended July 31 reached $6.5 million, under generally accepted accounting principles. This represents a swing to a profit from the $2.9 million loss the …

In a sign that independent sales organizations specializing in e-commerce are achieving a higher profile, e-onlinedata said today it has signed up its 2,500th reseller. It also estimates it will pay out more than $1.5 million in bonuses and residuals over the next year. Resellers for e-onlinedata, which is itself …

A small, privately held company based in the outskirts of Chicago figures it has the platform on which mobile payments will take off in the U.S., a market that up to now has not been favorable for handheld-based transactions. By the end of the year, C-Sam Inc. plans to have …

A Seattle-based startup that has been quietly testing a contactless payment system intended to be branded and controlled by merchants is now marketing the system as a way for retailers to control rising card-acceptance costs. Accelitec Inc. says its PayPilot system, which includes token dispensers, tokens equipped with chip-and-transmitter inlays, …