Mastercard Inc.’s key operating and financial metrics all grew in the fourth quarter, and president and chief executive Ajay Banga on Tuesday said he expects them to continue growing despite the political turbulence created by President Donald Trump’s new administration. In the United States, total fourth-quarter credit and debit card …

A San Francisco analytics company with access to transaction data on 3 million consumer credit and debit cards says usage of Apple Inc.’s Apple Pay mobile-payment service rose steadily in 2016. TXN Solutions Inc. also says that among brick-and-mortar merchants Apple Pay usage is highest at New York City-area pharmacy …

Credit card numbers were involved in just under one-fifth of the 4,000-plus data breaches worldwide reported in 2016, data-security services provider Risk Based Security Inc. reported Wednesday. RBS says the latest release of its annual Data Breach QuickView found that 4,149 data breaches occurred or became publicly known in 2016, …

The Federal Reserve’s Faster Payments Task Force is in the final stages of reviewing 19 proposals to speed up U.S. electronic payments, Fed executives tell Digital Transactions News. The faster-payments initiative is part of the Fed’s broader Payment System Improvement project that also addresses security and efficiency issues. The Fed …

Total dollar volume on Discover Financial Services’ networks increased 2% in the fourth quarter to hit $80.2 billion versus $78.8 billion a year earlier, but results varied among the company’s payment operations. Riverwoods, Ill.-based Discover reported Tuesday that the Discover credit card unit posted proprietary volume of $34 billion, up …

Cachet Financial Solutions Inc., a small tech company best known for providing remote deposit capture services to banks and credit unions, is trying to raise nearly $14 million in new equity to shore up its finances while pivoting toward prepaid cards and facing a legal deadline to rebrand. In a …

Like other technology forecasters, Juniper Research in a new report predicts the Internet of Things is poised for explosive growth. But the IoT also represents “an unmanageable cybersecurity risk” unless its developers take preventative action, Juniper says. In its report, “Internet of Things for Security Providers: Opportunities, Strategies, & Market …

Fourth-quarter profits and U.S. charge volume declined while marketing expenses increased for American Express Co. as the company continued to dig its way out of the hole left last year by the termination of its U.S. cobranding and acceptance pact with Costco Wholesale Corp. New York City-based AmEx reported Thursday …

The Electronic Transactions Association went on record Tuesday supporting the Office of the Comptroller of the Currency’s proposed limited-purpose national bank charter for financial technology companies, but a national trade group of small banks “expressed strong concerns” about the idea. The opinions expressed by the ETA and the Independent Community …

Leading retail ATM network owner and operator Cardtronics plc announced expanded agreements Tuesday with the big drug-store chain Walgreens and banking giant Citigroup Inc. that will put Citi’s brand on more than 1,000 Cardtronics ATMs in Walgreens and Duane Reade stores in some key markets, including New York City and …