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The credit card industry is inching closer to settling yet another challenge to its controversial interchange system, though the ultimate price banks and networks will have to pay to appease merchants is not yet clear.
February 3 -
Reloadable prepaid debit cards have gone so mainstream they share space now with top bank brands on at least one credit card comparison website.
February 3 -
BOULDER, Colo. – Elevations CU was awarded a 10-year contract to provide banking services to students, faculty and staff at the University of Colorado’s Boulder Campus.
February 2 -
Reflecting the effects of various acquisitions, Cardtronics Inc. reported a surge in fourth-quarter revenue along with an uptick in expenses.
February 2 -
The results of diverse strategic initiatives around the world helped buoy MasterCard Worldwide’s overall processed transactions during last year’s fourth quarter.
February 2 -
This is an updated version of a story posted earlier.
February 2 -
Buoyed by the improving global economy and strong growth in processed transactions, MasterCard Worldwide on Feb. 2 reported fourth quarter net revenue of $1.73 billion, up 20.1% compared with $1.44 billion the same period a year earlier.
February 2 -
PURCHASE, N.Y. – MasterCard, one of two stocks widely held by credit unions, reported this morning that fourth quarter earnings plunged 95% to $19 million because of a $495 million after-tax charge the cards giant recorded for potential settlement of another antitrust settlement with merchants.
February 2 -
Bank of Kathmandu Ltd. has launched what it says is the country’s first debit card designed for customers who have accounts based on a foreign currency, the Nepal-based issuer announced Jan. 26.
February 2 -
By joining a new anti-phishing coalition this week, Bank of America Corp. is maintaining a leadership position it has held for several years in the battle against cyberthieves who target online and mobile-banking users. But this is one small step and the battle is by no means over.
February 2
