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Getting customers to use their debit cards is increasingly important to community banks. Some are offering rewards points that can be spent at local businesses. Others are paying cash-say, 5 or 10 cents-every time a customer uses the card for a purchase.
December 29 -
Carrefour Group, a France-based retailer with operations in Europe, Asia and South America, has launched its first prepaid card through a bank in Romania, the company announced Dec. 27.
December 29 -
Credit cardholders in India starting Saturday must enter a passcode whenever they make a transaction by phone under new regulations the country’s central bank announced Dec. 24.
December 29 -
Discover Financial Services is going into the new year in a relatively stronger position than it was a year ago, helped by the improving economy and by recent key strategic moves it has made, a new report suggests.
December 28 -
The Federal Trade Commission is taking legal action against a massive Internet enterprise that allegedly has made millions of dollars by luring consumers into "trial" memberships for government-grant and money-making schemes, then charging various fees to their credit and debit card numbers.
December 28 -
Network International LLC has entered into a strategic partnership with Abraaj Capital, which announced the deal Dec. 22.
December 28 -
HDFC Bank Ltd. and Jet Airways Ltd. have entered into an agreement that enables the bank’s credit cardholders to pay for tickets on installment, the India-based bank announced Dec. 15.
December 28 -
Many online merchants in the United Kingdom may experience downtime during the holiday shopping season because their systems used to detect fraud card-not-present fraud may not be reliable or current, new research suggests.
December 27 -
Think Computer Corp. has introduced a digital-coupon system integrated into its mobile-payments application that relies on facial recognition to confirm a user’s identity at the point of sale to help combat payment fraud.
December 27 -
Visa Inc. unveiled its new special offers mobile payment app, placing it in a crowded market for merchant perks that also includes a major push by rival MasterCard Worldwide.
December 27