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This story was updated from its original version.
May 31 -
Prices for charged-off credit card debt remain stubbornly high, continuing a trend that began in 2010 as tighter credit standards imposed by lenders began to shrink the available supply.
May 31 -
A federal district court judge ordered a marketing operation to pay more than $3.7 million as part of a contempt case for violating a 2008 court order.
May 31 -
Three state-owned banks in Thailand on June 1 will begin offering credit card customers additional funds to refinance their outstanding credit card debts, a Bank of Thailand spokesperson tells PaymentsSource.
May 31 -
Four large Australian banks on May 31 said they have canceled thousands of credit cards following a merchant breach that resulted in the exposure of sensitive card data.
May 31 -
Mopay Inc. on May 25 announced a new platform for mobile payments.
May 31 -
Starbucks Corp. is known for its nonalcoholic beverages, but the success of its mobile payments application has forced it to contend with a bootlegger.
May 31 -
From the Department of How Soon They Forget: Subprime is making a comeback.
May 30 -
A stable and growing Indian economy is helping revive credit card use, which had dropped considerably during the economic slowdown, data from India’s central bank reveal.
May 27 -
Interswitch, a Nigeria-based operator of an electronic payment transaction switch, plans to expand into the east and west African markets using new investor funds it received earlier this month.
May 27
