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The number of U.S. credit card accounts rose slightly during last year’s fourth quarter, to 380 million accounts from 378 million the previous quarter, reversing a trend of declining accounts that had gone on since the second quarter of 2008, according to the New York Federal Reserve.
March 2 -
The National Bank of Ras Al-Khaimah Ltd., more commonly known as Rakbank, has launched two prepaid cards in the United Arab Emirates, the bank announced March 1.
March 1 -
Regions Financial Corp. is suspending its debit rewards program as it braces for the impacts of reduced interchange revenue from pending rate caps proposed by the Federal Reserve Board.
March 1 -
Axis Bank Ltd. has begun offering a service that allows customers to make income-tax payments at its ATMs in India, becoming the country’s first private-sector bank to do so.
March 1 -
Heartland Payment Systems Inc.’s Steve Elefant readily admits software-based payment-acceptance products are less secure than those requiring hardware. But that did not prevent the payments processor from supporting Acculynk Inc.’s PaySecure checkout software, which enables merchants to accept PIN-debit cards online.
March 1 -
Fiserv Inc. announced three acquisitions this week, including its long-time partner for mobile banking.
March 1 -
Fifth Third Bancorp is enhancing its mobile-banking service using technology from ClairMail Inc. designed to improve customers’ ability to access and manage their accounts from smartphones, San Rafael, Calif.-based ClairMail announced Feb. 24.
March 1 -
Visa Inc. has completed its acquisition of the online payments company Inc., the card brand announced March 1.
March 1 -
Tyfone Inc. is partnering with smartphone-accessory company Dexim Inc. to offer a sleeve that attaches to Apple Inc.’s iPhone to support contactless payments worldwide using Tyfone’s SideTap microSD chip technology, the companies announced Feb. 28.
March 1 -
Alex W. “Pete” Hart, a former chief executive of MasterCard Worldwide and currently chairman of SVB Financial Group, has been elected to the board of directors of mobile-imaging vendor Mitek Systems Inc., Mitek announced March 1.
March 1
