Cards

PayPal is offering to waive $50,000 in processing fees for startups designing mobile or Web-based services through the eBay unit's Startup Blueprint Program.

Heartland Payment Systems is making investments in tablet technology to attract merchant clients while combatting mobile payments startups.

WorldPay has received American Express' EMV payment processing certification, which means the processor is compliant with Amex's requirements for handling chip-card payments.

Isis and Google have been very publicly testing their mobile wallets, exposing the developing technology to harsh scrutiny, and both companies say their hardships are about to pay off.

First Data's acquisition of marketing specialist Perka not only ups First Data's game in the loyalty space, it's also another sign that processors are willing to open their own wallets to ad digital expertise to woo merchants.

Samsung is broadening its mobile wallet through new partnerships with companies in transportation, coupons and hospitality.

Optimal Payments Plc, which is based in Isle of Man, has registered with the New Jersey Division of Gaming Enforcement to provide services to Internet gambling businesses licensed by New Jersey.

The payments industry is facing pressure from outside companies that are toppling many preconceptions about how payments should work. But industry veterans are fighting back, and they shared their strategies at SourceMedia's 2013 ATM, Debit & Prepaid Forum.

TAS Group has upgraded its card management software to allow banks to quickly design new EMV chip-based payment products and develop related programs.

Fourty-four percent of American consumers have chosen not to sign the back of their payments cards, instead writing “see ID” or leaving it blank, according to a study sponsored by Jumio and conducted online by Harris Interactive.

As the market for prepaid cards expands and diversifies, many companies are experimenting to see what works — and in the process, they are learning that a product-based mindset could hold them back.

Banks and payments companies are trying to develop new technology for customers' evolving needs, including person-to-person payments. But many of these new innovations must measure themselves against Square and its success. Daniel Wolfe, Editor-in-Chief of PaymentsSource, reports from SourceMedia's ATM, Debit and Prepaid Forum.

Scandinavian Airlines (SAS) wants to drastically boost membership in its loyalty program, a move that will necessitate going well beyond its typical geographic and demographic boundaries.

Financial institutions rely on debit cards to create consumer loyalty and engagement, and the product's business case hasn't been diminished by rising costs and regulatory uncertainty.

With its purchase of NetSpend closed, the processor Total System Services (TSYS) is beginning to use the prepaid card marketer as a lure for financial institutions and merchants.

Diebold Inc., a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.

The migration to EMV cards in the United States remains complicated by the unresolved legal issues surrounding the Durbin Amendment's implementation.

In a move to get into the approximately $40 billion corporate prepaid market, Blackhawk Network is purchasing InteliSpend Prepaid Solutions.

As Fexco and First Data demonstrated their futuristic ATM concept, they emphasized that the bank is at the heart of the offering. And as Lamassu demonstrated a similar device for bitcoin users, a very different message came across.

OnBudget seeks to build customer retention of daily expense prepaid cards by incorporating personal financial management tools that digitize the "envelope budgeting system" popular among consumers.