Cards

Gift cards don't seem like the coolest technology in the payments world, but new and reinvented digital gifting platforms are changing the conversation – by borrowing text-messaging staples like emoji.

Have consumers benefited from the Durbin amendment? Unfortunately for opponents of the Dodd-Frank Act provision that capped debit swipe fees, no one is qualified yet to answer that question.

The alliance between JPMorgan Chase and the Merchant Customer Exchange represents more than an olive branch between two industries that have typically been at war over fee revenue — it's a result of a years-long transformation in how Chase approaches its relationships with the retail sector.

Most mobile wallets clearly favor one industry over another, with banks and retailers often pitted against each other in a battle over payment card fees. JPMorgan Chase just made a stunning move by conceding some of this ground to the benefit of the Merchant Customer Exchange.

United Services Automobile Association, which serves members of the U.S. military and their families, told customers it’s dropping its partnership with MasterCard Inc. in favor of Visa Inc.

Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.

Xpress Money is offering up its own slate of self-service kiosks, the 16-year-old global money transfer has announced.

Total System Services Healthcare will be issuing a new type of debit card for the Empire Innovation Group.

While Diebold and Wincor Nixdorf may soon merge to form the world's largest ATM company, NCR is working harder than ever to set itself apart in the rapidly changing ATM/self-service payment market.

UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.

Diebold would not only be eliminating a rival in buying Germany's Wincor Nixdorf — it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.

Diebold Inc. offered 1.57 billion euros ($1.8 billion) in cash and stock to acquire its German rival, Wincor Nixdorf AG, in a bid to create the biggest maker of cash machines and security systems with about $6 billion in sales.

When Netflix announced that its new U.S. subscriber count had declined 10.2% year-over-year, it blamed the "ongoing transition to chip-based credit and debit cards." And the video-streaming company may not be the only victim of this phenomenon.

NCR Corp. is providing its ATM operation management software to the Commercial Bank of Ethiopia to remotely monitor and operate the bank's 1,200 multi-vendor ATMs.

When Apple revealed that Starbucks plans to accept Apple Pay in its U.S. stores, the move spoke less to Apple's persuasiveness and more to the fallout of the country's ongoing shift to EMV security.

EMV card acceptance has often been pitched as a catalyst for mobile wallets, since the terminal upgrades needed to accept EMV-chip cards could also enable contactless mobile payments. But mobile and EMV are not always on the same path.

Eyeing Kuwait as a hotspot for technology development, online payment provider paysafecard is bringing its prepaid services to the country as a springboard to establishing itself in the Middle East.

Alma Bank in Long Island City, N.Y., will integrate technology from Diebold that allows for cardless transactions at automated teller machines.

Credit card networks and issuers have done a poor job in explaining the implications of the just-passed Oct. 1 deadline for moving to EMV chip-and-PIN cards, leaving many small businesses confused, lawmakers said Wednesday during a hearing on Capitol Hill.

When Cumberland Farms said this month that it had processed $1 billion worth of gas via its decoupled debit card over the course of nearly three years, it was the latest example of the power of the decoupled debit card. And yet, other than Target's RED card, decoupled debit has barely moved beyond the convenience and petroleum segment.