Foursquare partners with Visa & Mastercard to get you more check-in deals

Foursquare has teamed up with Visa and Mastercard to expand its check-in deals service that lets users earn better specials by using their credit cards.

PayPal cans 445 workers to delight customers and get stronger (yeah, really)

Who starts an announcement that he's tossing 470 people's jobs into the meat grinder with the world "delighting?"

Payment platform Braintree blossoms with $35M

Braintree, a startup that makes payment processing easier for e-commerce vendors, has raised $35 million.

Edo nets $15M to bring card-linked offers to small and medium-sized businesses

Edo has raised $15 million in third round funding to brings its local-offers technology to small businesses across the country.

PayPal partners with Discover to outdo Square/Starbucks in mobile payments

In an effort to ramp up its mobile payments offerings, PayPal announced today that it will team up with Discover to bring its technology to more than 7 million merchants next year.

Square teams up with Starbucks, which is also investing $25M

In surprising news tonight, mobile payments startup Square has announced an extensive partnership with Starbucks.

Square seeks $200M at a whopping $3.25B valuation

Mobile credit card transactions startup Square is rumored to be closing a new $200 million round of funding, according to a New York Times report that cites anonymous sources familiar with the matter.

If the news is true, the round …

PayPal acquires Card.io, which captures credit card info with phone cameras

Making sure to keep its fingers in all of the mobile payment pies, PayPal announced today that it has snapped up Card.io, a startup that has developed technology to capture credit card information with your smartphone camera.

Card.io, which was …

FBI arrests 24 hackers in $205M credit card fraud scheme

The U.S. Federal Bureau of Investigation arrest 24 hackers today, in a string of cyber crime that could have cost victims $205 million.

According to Reuters, the FBI was able to find the hackers after creating a forum called Carders …

Plant a money tree in Farmville as Zynga and American Express launch new rewards program

Social gaming giant Zynga has connected with credit company American Express to provide a rewards program where users can receive virtual game rewards for using their real-life American Express card.

Isis adds American Express cards — now you really can’t leave home without it

Soon you’ll be able to apply that famous American Express slogan (“Don’t Leave Home Without It”) to your smartphone. Isis, the mobile payments venture between AT&T, T-Mobile, and Verizon, announced Thursday that it’s adding support for AmEx cards.

The news …

Hey you guys, MasterCard has a digital strategy too: PayPass Wallet Services

Now that almost every payments-related company has a digital wallet of its own, it’s about time MasterCard showed off its digital plans.

The credit card company unveiled PayPass Wallet Services today at the CTIA conference in New Orleans. Just like …

Square now gives merchants next-day access to cash, annual payment processing hits $5B

Life just got a bit rosier for merchants using Square’s mobile credit card reader. Merchants will now have access to cash on sales made before 5 p.m. by the next business day — meaning they won’t have to wait several …

Square may be seeking new round at whopping $4B valuation (updated)

10 months after mobile payments startup Square raised $100 million at a valuation of $1 billion, the company is now said to be seeking a new round that could value it at up to $4 billion, reports All Things Digital.…

PayPal announces new pricing model, creates suite of mobile products

PayPal announced that it has consolidated its payments system today, with some upgrades to the way small businesses accept payments online, offline, and in the mobile world.

“PayPal Here was just part of a fundamental change for small businesses,” said …

Up to 1.5M credit account numbers stolen, says Global Payments

Credit card processor Global Payments released a statement yesterday, admitting that its systems have been compromised. The announcement came after reports surfaced that thousands of credit card accounts had been breached through its machines.

Last week, security researcher Brian Krebbs, …

Over 50K Visa and Mastercard credit cards compromised, banks alerted

Cyber-criminals have stolen Visa and Mastercard credit-card data by hacking into payment processors in New York City parking garages. Visa confirmed that the data — enough to create counterfeit cards — was stolen, and both companies are doing damage control …

PayPal to take on Square with lower fees and spiffy blue design

PayPal is expected to show off a credit card reader tomorrow that will compete directly with Square’s product. Now we have a clearer idea of what the company is planning — and it could give Square a run for its …

Anonymous made fraudulent charges worth $700K in Stratfor attack

The FBI has revealed that there were $700,000 worth of fraudulent credit card charges after hacktivist group Anonymous stole nearly 200 gigabytes of data, including credit card numbers, from security firm Stratfor.

“At least $700,000 worth of unauthorized charges were …