VeriFone Systems Inc., EMC Corp.’s RSA and Ingenico are poised for a gain in sales as U.S. retailers turn to makers of payment terminals and security software for help shoring up their anti-hacking defenses.
CGI Group Inc. Chief Executive Officer Michael Roach told investors at a conference two weeks before the debut of the Obamacare website that the contract marked the start of a “long-term relationship” and a “significant growth opportunity.”
Retailers including Wal-Mart Stores Inc. and Target Corp. were handed a defeat by a U.S. appeals court, which upheld Federal Reserve rules governing how much banks can collect for debit-card transactions.
U.S. Senator Richard Durbin, who won federal limits on debit-card swipe fees, said merchants should “think hard” before signing a $6.6 billion settlement with Visa Inc., MasterCard Inc. and banks over credit-card fees.