Cards

SCVNGR's LevelUp has begun a campaign to urge users of its mobile wallet to fund payments from a debit card instead of a credit card. The end goal is to get its transaction fees as low as possible, while filling a void left by merchants who switched away from another pricing model it boldly called Interchange Zero.

The U.S. Treasury Department paid Comerica Inc. $32.5 million to run a debit-card program for the poor and elderly that the bank had agreed to run for free, an inspector general audit found.

Bitcoin ATM providers and virtual currency exchanges may be subject to Texas licensing requirements, according to regulatory guidelines issued by the Texas Banking Commissioner on April 3.

First Data has completed a licensing agreement with MasterCard to enable EMV debit MasterCards to work on the Star Network.

Cardtronics has renewed its contract with Walgreens to be a preferred provider of ATM services.

Sens. Mark Warner, D-Va., and Mark Kirk, R-Ill., unveiled legislation on April 2 to increase fraud protections for debit card customers.

Green Dot Corp. has introduced a new technology for reloading a prepaid card account without using a reload card.

MyECheck, a payment technology developer, has licensed its mobile payment system to three companies.

LevelUp is offering users a monthly cash back bonus for linking a debit card as a funding source for its mobile payment app.

EMV-chip technology has driven down fraud on Canada's Interac debit network, but that fraud isn't moving online. It's fleeing the country.

U.S. Bank has begun offering e-payment kiosks to companies that want to shrink lines during their stores' busiest hours.

First Data Corp. has named Attra Infotech, a global banking and payments services provider, as the first participant in its developer license program for the VisionPlus and AccessPlus products.

Prepaid card firm CardLab has named Greg Haney as its chief operating officer.

Target Corp.'s massive holiday-season data breach touched card issuers of all sizes, including banks as small as StonehamBank, which leveraged technology it refers to as a "digital" employee to manage and replace exposed cards.

Payment processor CardConnect is now offering EMV-card acceptance technology from Ingenico.

The banking industry's victory on debit card interchange fees seems likely to be the decisive turn in a high-stakes legal dispute with retailers.

Visa is making its common application identifier available for Discover's Pulse debit network, marking the latest in a string of agreements that pave the way for EMV debit card acceptance in the U.S.

Elavon's clients now have the option to add a customer loyalty program directly into their payment transaction systems, enabling shoppers to redeem rewards any time they make a payment.

A federal appeals court panel ruled today that the existing restrictions on debit card swipe fees should largely stand, turning back a challenge by retailers who argued that banks are still earning too much money from the fees.

The ATM maker Diebold has deployed a machine at Diebold Federal Credit Union that operates without a card reader or PIN pad.