Cards

TSYS Merchant Solutions, a unit of the payment processor TSYS, is working with Navy Federal Credit Union to offer members of the lender's merchant network the ability to accept credit and debit cards.

EMV technology provider TAS Group has launched its card management software in the U.S., making an initial deal to integrate with Green Dot's reloadable prepaid card network.

JetPay Corp. is providing employees in its payroll services department with a money-access prepaid Visa card as the first phase of a planned national rollout of the new card.

Acculynk will provide its payments processing gateway, PayLeap, to customers of cloud-based global e-commerce provider Ecwid.

Riders on Chicago Transit Authority buses and elevated trains will make all payments with the Ventra transportation card starting July 1, the CTA announced this week.

Fiserv, which owns the Accel debit network, has signed a license agreement with Visa for its common application identifier (AID), following a similar agreement last week between Fiserv and MasterCard.

Online commercial payments service provider Payza says it will provide credit and debit payment services to European Union merchants, with plans to expand to more countries throughout the world.

Fiserv, which operates the Accel debit network, spent two years evaluating the best way to route EMV debit transactions in compliance with federal mandates – but it abstained from working with the Debit Network Alliance, which is committed to the same cause.

Fiserv Inc., which operates the Accel debit network, has agreed to make MasterCard's common application identifier technology available for routing EMV debit transactions.

SelectCore, a Canadian company which specializes in prepaid products and services, has signed a five-year agreement to provide the online marketing firm Adbrokers with prepaid MasterCards to deliver commissions.

Contactless card payments are building a fan base in the United Kingdom, where their use has spiked in the past year, but the product is still a long way from replacing magnetic-stripe cards.

EMVCo, the EMV standard governing body has released specifications for payment tokenization, a process that it says will strengthen security on card-not-present transactions initiated by EMV-chip cards.

Three months after coming to light, the massive exposure of 40 million card accounts at Target Corp. still has the payments industry and consumers talking about what should be done to prevent this happening again. In the United States, that is.

As city governments seek out new payments technology, they may show less interest in standalone products.

The people who guide tourists to the many attractions of Las Vegas will have the option to be rewarded with a prepaid Visa card, replacing a system of using cash and checks to pay commissions.

First Data Corp. has appointed Frank Bisignano as the Atlanta-based company's chairman, adding to his role as chief executive officer.

MasterCard and Visa have formed a new group to improve efforts in the U.S. to migrate to the EMV-chip cards other security methods.

Knab, a branchless bank based in Amsterdam, is aiming to attract 250,000 customers by 2017 through the promise of smoother payments.

Visa Inc. is deploying a classic fraud prevention model to combat the growing sophistication of prepaid card fraud.

Global Payments Inc. has completed its $420 million purchase of Payment Processing Inc., a provider of payments technology and services for smaller merchants.