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JPMorgan Chase & Co., already a dominant provider of payment automation services for large corporate clients, is trying to extend its reach to smaller companies.
January 12 -
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Visa Inc. said it is "disappointed" that Best Buy Co. is no longer accepting contactless Visa cards, though it noted that consumers may still use the same cards to initiate transactions through the cards' magnetic stripes.
January 11 -
U.S. Bancorp's merchant acquiring unit, Elavon, has started a hosted payment gateway it calls Fusebox.
January 11 -
The fee structure of eBay Inc.'s Bill Me Later instant credit service violates a California consumer protection law, according to a law firm that is suing the San Jose company on behalf of consumers.
January 11 -
Del R. Tonguette, a consultant in New Albany, Ohio, and longtime debit industry executive, died Saturday, apparently of a stroke exacerbated by blood thinners, his wife, Diane, said Monday.
January 11 -
A technology start-up has developed a text-message service that it says banks can use to improve customer service.
January 11 -
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Heartland Payment Systems Inc. and Visa Inc. have reached a settlement agreement in which Heartland will pay Visa's issuing partners up to $60 million for damages related to a 2008 breach of Heartland's network.
January 8 -
ACH Federal has the first automated clearing house system built from the ground up to comply with recent rules by Nacha, the electronic payments association, designed to fight fraud and tighten compliance.
January 8 -
The rebate processor Ohana Cos. Inc. said it will offer rebates on MasterCard Inc. prepaid cards.
January 7 -
The British wireless operator Orange on Thursday launched a contactless credit card, co-branded with Barclaycard, that features text-message alerts and financial-management tools.
January 7 -
The card processor Total System Services Inc. on Thursday announced an agreement to provide payment services to Degussa Bank GmbH's corporate and business clients.
January 7 -
Best Buy Co. Inc. has made good on threats it made in July to drop acceptance of Visa Inc.'s contactless cards because of the fee structure surrounding the cards, according to an industry analyst.
January 7 -
An expected surge in demand for core banking products and a recent acquisition prompted Citigroup Global Markets to upgrade Temenos Group AG this week.
January 7 -
The core processor Jack Henry & Associates Inc. has accepted the financial management software provider Geezeo Inc. into its Symitar unit's vendor integration program.
January 7 -
Fundtech Ltd. said Wednesday that it expects 2010 earnings of between 32 cents and 42 cents a share and revenue of between $132 million and $135 million.
January 6 -
Jack Henry & Associates Inc. announced Wednesday that First Hope Bank in Hope, N.J., has completed the in-house installation of the vendor's SilverLake System for core processing.
January 6 -
SunTrust Banks Inc. has completed the move of its automated teller machine network to its main data communication system, the payments software vendor ACI Worldwide Inc. announced Wednesday.
January 6
