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Bling Nation Ltd.’s deal with Fifth Third Processing Solutions LLC could give them the entree they need to promote the company’s postage-stamp-sized contactless payment sticker across the country.
October 5 -
ItzCash Card Pvt. Ltd. has become India's first multiservice prepaid company to receive a license from the country’s central bank to operate a mobile wallet, a spokesperson for the Mumbai-based company tells PaymentsSource.
October 5 -
A settlement involving the top two payments networks over their merchant acceptance policies gives retailers more clout to promote the use of cheaper cards, but an analyst doubts many businesses will change their practices.
October 5 -
Citigroup Inc. wants to grow its payments revenue by helping other businesses grow theirs.
October 5 -
Looking to boost resources to meet an expected spike in demand for mobile financial services, ClairMail announced a $13.9 million infusion from VCs including Investor Growth Capital (IGC), a Stockholm firm that specializes in growth-stage tech firms.
October 5 -
MasterCard Worldwide and Visa Inc. announced Oct. 4 that they have settled an antitrust lawsuit filed by the Department of Justice against both companies regarding payment network rules that prohibit so-called merchant steering, in which merchants steer consumers towards using less-expensive card products for payment.
October 4 -
First Data Corp. says its TransArmor data-security services will be made available to more than 350,000 merchants that process with Bank of America Merchant Services, a joint venture between the Atlanta-based payment processor and Bank of America Corp.
October 4 -
Akamai Technologies Inc. says its new Edge Tokenization service pushes sensitive transaction data away from vulnerable online merchants payment networks.
October 4 -
The National Bank of Rwanda has set guidelines for mobile-phone payment systems in that country, according to a notice on the institution’s website.
October 4 -
MasterCard Inc. settled a lawsuit Monday, the same day it was filed by the Department of Justice, regarding payment network rules that prohibit so-called merchant steering.
October 4
