Advancements in Cash Access Strip Out the Mag Stripe
May 19, 2011 Banks in some countries are introducing alternatives to the iconic magnetic stripe ATM card, encouraging mobile phones and...

Cross-Border Service Expands
May 9, 2011 U.S. merchants now may process magnetic stripe, e-commerce and EMV chip-and-PIN payments using Yespay International Ltd.'s...

Michaels Warns of Possible Breach
May 6, 2011 Michaels Stores is alerting customers that PIN pads at its Chicago-area stores may have been tampered with and that debit and...

MasterCard-Branded Prepaid Card Launches in Brazil
May 5, 2011 MasterCard, Banco PanAmericano SA and Rev Worldwide have unveiled a prepaid card in Brazil, where more than half of the...

Survey Details Revolvers' Preferences
May 3, 2011 Citing convenience and low interest rates, many credit-card holders prefer to leave a balance on one or more credit cards and...

Amex Reports 36% Profit Gain
April 20, 2011 American Express' net income rose 35.6%, to $1.2B, in the 1Q from a year earlier. Its total revenue net of interest expense...

Visa Europe Case Reawakens
April 18, 2011 Visa Europe is expressing dissatisfaction with last week's General Court of the European Union's decision to uphold the $14.7M...

Zong Finds Merchants Pay Higher Mobile Payment Fees If Sales Rise
April 12, 2011 The mobile payments provider Zong Inc. says that merchants are increasingly willing to pay higher transaction fees in exchange...

JPMorgan Chase Changes Card Program to Keep Affluent
March 31, 2011 Continuing a push to maintain its affluent customer base, JPMorgan Chase has added daily travel auctions to its Ultimate...

CyberSource Signs Up E-Commerce Firm
March 25, 2011 Web-based merchant clients of Litle & Co., may begin to protect themselves against card-not-present fraud through...