A new point-of-sale software malware strain wants its victims to think it is a nondescript bit of code that computers and networks commonly use when surfing the Internet. Uncovered by investigators at Austin, Texas-based Forcepoint, a data-security services provider, the malware, dubbed “UDPos” by Forcepoint, attempts to conceal itself in …

Last year, the Federal Reserve set a goal of having ubiquitous faster payments available in the United States by 2020, and now the first estimates are emerging of just how much dollar volume will flow across systems already in place and in progress. The total will come to $650 billion …

ATM manufacturer NCR Corp. reported Thursday that its ATM revenues declined 21% in the fourth quarter, but point-of-sale hardware revenues grew 23%. Total revenues at Atlanta-based NCR came in at $1.78 billion, down 1% from $1.8 billion in 2016’s fourth quarter and off 3% on a constant-currency basis. The company …

Point-of-sale products seller General Credit Forms Inc. said it purchased Paper Systems Inc., a manufacturer of paper rolls for POS and ATM systems. Paper Systems will continue to operate as PSI. Terms were not disclosed. Euronet Worldwide Inc., which is based in the United States but operates ATM and other …

Consumers may be ready to pull back from using credit cards if a survey from Auriemma Consulting Group is correct. Only 14% plan to increase their borrowing on credit cards in 2018, compared with 28% who said so in 2017. “Increased spending around the holiday season is normally predictive of greater …

In advance of the Super Bowl on Sunday in Minneapolis, Visa Inc. said it has installed 700 upgraded point-of-sale terminals at U.S. Bank Stadium and additional POS devices at certain merchant locations in the city. The new devices are capable of handling contactless EMV transactions. An estimated 1 million people …

In the hotly contested person-to-person payment business, financial institutions have felt left behind by technology impresarios like PayPal Holdings Inc. and Square Inc. that have entered the market over the past few years with slick P2P apps. But on Monday, the banks’ Zelle network released fresh numbers indicating healthy growth …

Mobile remote deposit capture transactions jumped 35% in 2017 over the previous year thanks to an increase in users, a software firm specializing in digital-banking applications for community banks and credit unions reports. “For banks and credit unions live for all of 2017, mobile deposits grew by an average of …

Unless there is a potential fraud issue or customer dispute, very few of the trillions of transactions that cross U.S. electronic payment networks annually attract any attention. But the first transaction last month on The Clearing House’s new real-time payments system was so different that BNY Mellon, the bank originator, …

Processor Jack Henry & Associates Inc. announced late Tuesday that it has a deal to acquire Ensenta Corp., a Redwood Shores, Calif.-based provider of remote deposit capture and payment and risk-control services. Founded in 2001, Ensenta provides more than 1,100 financial institutions and government agencies with software-as-a-service products distributed via …