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The United Arab Emirates is planning a series of enforceable regulations that will put more teeth into prohibitions against merchants assessing surcharges on credit card purchases.
February 18 -
BECU plans to launch a debit card in conjunction with the University of Washington today, marking the first credit union to have a partnership of this type with the university.
February 18 -
Hypercom Corp.’s preview of its fourth-quarter earnings Feb. 16 raised fears about the viability of VeriFone Systems Inc.’s plans to acquire its competitor in the second half of the year.
February 18 -
WASHINGTON – Nearly seven months after passing a bill that included a measure to limit interchange fees on debit cards, lawmakers today were expressing buyer’s remorse.
February 17 -
Having successfully nudged lawmakers to reconsider interchange caps, card issuers and payments networks are weighing the ramifications of another, less-discussed part of the Durbin amendment: so-called steering rules.
February 17 -
Decoupled-debit card programs could see a surge of fresh interest from merchants and consumers if the Federal Reserve Board’s new debit-interchange rules go through as proposed, the purveyor of one such alternative payment scheme insists.
February 17 -
A glance at fraud statistics would seem to yield an obvious answer: the United States needs to catch up with the rest of the world and upgrade old-school magnetic stripe cards to modern chip and PIN models.
February 17 -
Euronet Worldwide Inc.’s EFT Processing and epay segments reported strong fourth-quarter transaction growth. However, the gains did not translate into increased revenue for the units.
February 17 -
Revenues earned by credit unions from debit card interchange is far more than was previously thought – an estimated $2.6 billion for 2010 – according to CUNA, which is preparing testimony for tomorrow’s Congressional hearing on interchange legislation.
February 17 -
Mobile-network operators NTT Docomo Inc. of Japan and KT Corp. of South Korea have inked a deal to support Near Field Communication payments for smartphones in the two countries that use Google Inc.’s Android operating system.
February 17
