Kate Fitzgerald

In a move to strengthen relationships with its multinational customers, U.S. Bancorp's subsidiary Elavon Financial Services Ltd. soon will begin issuing commercial cards in Europe through a new processing agreement with Total System Services Inc.

Experian's Costa Mesa, Calif., subsidiary plans to unveil on June 30 Precise ID Customer Management, an add-on to an existing fraud detection service to help issuers analyze existing cardholders' accounts for new types of fraud risk long after an account is opened.

More consumers plan to use credit card rewards for travel compared with last year, and hotels are the most-popular option for rewards redemption among travelers, according to a survey BigResearch conducted for Capital One Financial Corp.

Joining the growing raft of processors offering advanced data-encryption services to help protect card data at the point of sale, Elavon Inc. has introduced a portfolio of products and services it calls Safe-T Suite.

As credit card use slows in certain sectors because of tightened budgets and risk avoidance, many issuers may find they lack consistent retention strategies, according to a study from Celent LLC.

Many young adults feel empowered — not ashamed — by credit card and student loan debt, according to a national study by a team of sociology researchers.

Many young adults feel empowered — not ashamed — by credit card and student loan debt, according to a national study by a team of sociology researchers.

JPMorgan Chase will roll out a second card with an EMV chip on Friday, expanding its target audience for the technology beyond just the elite international business travelers.

Intuit Inc. says momentum in mobile payments sparked by Google Inc. and the carrier venture Isis has boosted its own mobile banking business.

More banks are likely to follow in Regions Financial Corp.'s footsteps and bring their credit card portfolios back in-house as the worst of the recession's damage recedes and they look to increase revenue.

Hoping to stimulate card sales volume and promote its prepaid offerings, MasterCard Inc. is teaming with Expedia Inc. for a summer vacation promotion dangling free gas.

Google's decision to rely on First Data to link its new mobile wallet to consumers' payment accounts puts the merchant processor and acquirer in a role that is new and risky.

Seeking to further standardize payment card functions and security within the Single Euro Payments Area, the European Payments Council on June 6 released its latest technology requirements.

Michaels Stores said it was in the process of upgrading its payment terminals when it was hit with a massive data breach, but some experts say the retailer should have moved faster.

To lure small-business credit card customers, JPMorgan Chase & Co. has created Jot, a mobile expense-tracking tool for users of its Ink-branded small-business credit card.

Most credit card industry professionals believe social media will become a "significant factor" in customer service, with Twitter and Facebook outpacing blogs as the most popular methods for card brands to connect with consumers, a survey found.

Discover is making it easy—and profitable—for customers to invite their Facebook friends and Twitter followers to sign up for a card.

Sequent Software, a maker of products and services enabling mobile payments based on near-field communication, said it would work with ViVOtech Inc. in developing mobile wallet-based NFC payment technology for commercial customers.

Hoping to stimulate fresh interest in one of its relatively new cobranded products, First National Bank of Omaha introduced new terms for its Overstock.com credit card, which was introduced in September.

To capture part of a resurgence in corporate spending as the economy recovers from the recession, Citigroup Inc. has unveiled a commercial card that allows companies to isolate and control spending on specific projects.