Andrea McKenna Brankin

Reaching new customer via social media is nice, getting them to make payments there is better, according to Aite Group analyst Ron Shevlin.

Big banks shifting position from fast followers to aggressive adopters, according to Forrester research sponsored by Fiserv.

As contactless card issuance grows, a provider of anti-fraud sleeves, which block the cards from being read, says demand for its product is resurging.

BarclayCard and Visa Europe will facilitate contactless payments in the arena during the Summer Olympics and other major events.

JPMorgan Chase is rolling out what it says is the first airline card issued in the U.S. that uses the EMV chip-card standard. The EMV standard is used in many other countries to add security at the point of sale.

A survey conducted by Auriemma Consulting has found that 58% of consumers would use mobile payments at a large retailer.

Only 13% of U.S. cardholders access their credit card accounts from their smartphone.

Two players for the Chicago Bears plan to work with Visa Inc. to help teach some Chicago-area students about managing finances.

JPMorgan Chase & Co. is giving its three top credit card program customers several options to redeem points and buy gifts for the holiday season, a move the company hopes will create buzz for the products and one that may help spur consumers to move back to using credit cards more often for holiday shopping, analysts say.

Almost half express concerns about hacking and identity theft.

A national social network of babysitters and parents called SitterPals.com has signed up to use Square Inc.'s service to accept credit card payments for their services.

Even though consumers increasingly trust nonbanks such as Google and Facebook with their personal information, they trust credit card providers more.

To help distribute its Serve digital payment and wallet service, American Express Co. on Aug. 1 announced a deal in which Verizon Wireless will integrate the platform into many of its mobile phones and tablets.

Visa Inc. is expanding efforts to promote its prepaid card products through sponsorship of the Essence Music Festival that took place in New Orleans over the July 4 weekend.

Credit card companies are using social networks to create ads that are more interactive and that deliver valuable consumer data.

Financial companies have long used celebrities and fun characters in their ads, and some have found that going beyond the television spot, integrating the celebrity into the product design, is an even more successful strategy.

JPMorgan Chase & Co.'s new process for spending rewards points directly on Amazon.com replaces an old process that the issuer determined was not all that rewarding.

When Discover Financial Services last year launched its "Peggy" television commercials, it did not expect the character to take on a life of its own.

MasterCard Inc. has begun distributing wristbands with contactless payment chips at festivals and other events. The wristbands, besides functioning as payment devices, also manage entrance to the events.

More issuers are offering cash incentives to prospective customers, according to new data from direct mail tracking firm Mintel Comperemedia.