News tagged with credit card payments

S. Korea vows harsh penalties for data leaks

South Korean regulators Wednesday vowed harsh corporate penalties for data theft, as angry customers swamped credit card offices for a third day after 20 million people had their financial information stolen.

Jan 22, 2014
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Seven charged in $6B online money laundering case

Calling it perhaps the biggest money laundering scheme in U.S. history, federal prosecutors charged seven people Tuesday with running what amounted to an online, underworld bank that handled $6 billion for ...

May 29, 2013
4 / 5 (1) 1

Companies struggle to popularize mobile money

Mobile money may seem like a hot concept, but consumers aren't warming to it. At the world's largest cellphone trade show, here in Barcelona this week, the 70,000 attendees are encouraged to use their cellphones ...

Mar 01, 2013
2 / 5 (4) 11

Battle commences for 'mobile money'

Global financial groups battled Monday to control the lucrative future of "mobile money", which will enable people to use a smartphone to go shopping instead of cash and credit cards.

Feb 25, 2013
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Digital 'wallets' proliferate at cellphone show

Cash, coins and credit cards are so Twentieth Century. At least, that's the opinion of the electronics manufacturers, phone companies, banks and credit card issuers that expect cellphones to be the main way consumers pay ...

May 10, 2012
2.3 / 5 (3) 3

Smartphones wallets going mainstream: survey

Using smartphones or tablets as digital "wallets" will be common within a decade, largely replacing cash and credit cards, according to a Pew Research survey released on Tuesday.

Apr 17, 2012
3 / 5 (2) 0

PayPal fattens digital wallet

PayPal on Tuesday pulled out a revamped digital wallet service amid rumors it is poised to introduce a plug-in gizmo that will let small businesses accept credit card payments using smartphones.

Mar 13, 2012
4 / 5 (1) 0