Kate Fitzgerald

Major credit card networks are waiving interchange fees that charities otherwise would pay on donations to support Japanese relief efforts after last week's earthquake and tsunami.

As several banks test the consumer response to higher automated teller machine fees as they attempt to make up for lost revenue in other areas, their efforts may be creating problems for ATM independent sales organizations.

Capital One Financial Corp. is attempting to grab market share with what observers call an unprecedented miles-match promotion whose timing may be strategically calculated to take advantage of the turmoil surrounding proposed debit card regulations.

Credit and debit card fraud leads other types of fraud at most U.S. banks and credit unions, but most institutions are fighting such activity under constrained resources, according to a survey.

Few options exist for consumers seeking a chip-and-PIN card from a U.S. issuer, but they are growing. Take State Employees' Credit Union in Raleigh, N.C., for instance.

A number of credit cards rewarding consumers for more responsible financial behavior have been rolled out since the financial crisis as issuers seek to woo back potentially credit-wary customers with strategies that hedge risk on both sides.

Visa Inc. is working with Starbucks Corp. in a promotion to improve Visa brand's status within a mobile wallet.

In a warm-up for Thursday's Capitol Hill hearing on the Federal Reserve Board's proposed debit interchange rules, merchants' representatives said that unless the rules are left unchanged, merchants might be forced to lay off employees.

Global Payments Inc. has promoted James R. Hicks to president of its Global Payments Asia Pacific Ltd. venture, where he will oversee the merchant processor's payment operations across 11 Asian countries.

Visa Inc. will no longer require merchants outside the United States to validate annually their compliance with the Payment Card Industry Data Security Standard — provided that 75% of their transactions come from EMV chip-and-PIN cards.

Discover Financial Services said it has signed a deal with Banco Popular that will allow Discover to "dramatically" expand in Puerto Rico, where it has minimal card acceptance.

First Data Corp. said it plans to support the Federal Reserve Board's proposed debit interchange cap with a two-tiered pricing structure for debit interchange rates on its Star Network, and expects slow but steady revenue growth ahead.

The Payment Card Industry Security Standards Council is seeking to broaden industry participation with its third set of advisory board members since the initial board was convened in 2007.

Starbucks Corp. customers loaded a record $700 million on to the Seattle coffee chain's prepaid card accounts during its most recent quarter, up 39% from a year earlier.

The states with the largest populations generally have the most credit card debt outstanding, according to new data from Equifax Inc.

JPMorgan Chase & Co.'s Chase Bank USA unit does not have to continue fighting a class action alleging it improperly increased credit-card holders' interest rates, the Supreme Court ruled Monday.

Under the new arrangement, which was announced Jan. 20, First Data will manage "supporting interfaces and technologies" associated with processing Kohl's credit card transactions and will maintain the cards' payment platform, the representative said.

Compliance with Payment Card Industry data security standards is a top concern among smaller merchants, but many remain unaware of the scope of their potential liability ...

Total System Services Inc. is extending health-care payment services to Puerto Rico through an arrangement with Paytech Corp., a Puerto Rico e-commerce transaction processor.

American Express Co. has appointed Toby Eduardo Redshaw executive vice president and chief information officer, replacing Stephen Squeri, who was promoted. Redshaw previously was global chief information officer for Aviva PLC.