Visa, MasterCard scramble after massive data breach

Credit card giants Visa and MasterCard were scrambling on Friday to thwart cyber crooks who looted a massive trove of precious account data, evidently from a payment processor in New York.

Google working on phone with built-in payment tool

Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually enable the devices to replace credit cards.

WikiLeaks getting credit card funds

WikiLeaks has again begun accepting credit card donations, a company affiliated with the secret-spilling site said Thursday.

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 —instead ...

Four Canadians indicted on US gambling charges

US authorities seized the gambling website Bodog on Tuesday and announced the indictment of four Canadians on charges of illegal sports betting and money laundering, including founder Calvin Ayre.

Verizon reverses on $2 fee for one-time payments

(AP) -- After a customer backlash, Verizon Wireless on Friday dropped a plan to start charging $2 for every payment subscribers make over the phone or online with their credit or debit cards.

Clean reviews preceded Target's data breach, and others

Trustwave Holdings gave Target Corp. the green light on payment card security last September, just weeks before malware installed on the retailer's networks began sucking up customer information in a mega data heist.

Group says poker winnings are frozen

(AP) -- An advocacy group for online poker said Tuesday that the federal government has frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players.

page 1 from 2