-
Consumer credit card growth, which has been on the decline for about three years, could be showing signs of life again, according to data Equifax Inc. released July 1.
July 6 -
The total value of mobile payments for digital and physical goods as well as for money transfers and Near Field Communication-enabled transactions will grow to $670 billion by 2015, up from $240 billion in 2011, according to a new Juniper Research study.
July 6 -
The emerging U.S. mobile-payments market could face some resistance from consumers who are worried about fraud, new research suggests.
July 5 -
Wikileaks and Iceland-based data-hosting service DataCell ehf. say they will file a complaint on July 7 with the European Commission against Visa Inc. and MasterCard Worldwide if the payment companies continue to block their payment-processing.
July 5 -
Western Union Co. has struck a deal that will make it a competitor, but also a potential partner, for banks trying to capture a bigger chunk of the business payments market.
July 5 -
Key credit union industry leaders this month are scheduling meetings with members of Congress to make sure credit unions will be appropriately protected in the Federal Reserve Board’s final debit-interchange rules that go into effect Oct. 1.
July 5 -
Fresh off moving its Citi Ventures unit to the Bay Area to get close to the latest payments tech buzz, Citi’s investing in mobile payments firm Billing Revolution.
July 5 -
To encourage online shopping, which faces resistance in India because of security concerns over using credit cards online, Axis Bank Ltd. has launched an e-Wallet card, the India-based announced June 29.
July 5 -
In India, noncash transactions, such as balance inquiries, PIN changes and ministatement requests, must be included in the number of free transactions banks’ customers may conduct at other institutions’ ATMs, according to a directive from the Reserve Bank of India that takes effect July 1.
July 5 -
Western Union Co. said Tuesday that it is buying the business payments unit of London-based Travelex Holdings Ltd. for 606 million pounds, or about $1 billion.
July 5
