Cards

The U.S. Consumer Financial Protection Bureau said it will police employer usage of payroll cards to ensure workers don’t face hidden fees or other abuses.

NEW YORK – Major merchants groups called on a federal court here today to amend or reject a proposed antitrust settlement with Visa and MasterCard over swipe fees, or asked the judge to at least allow unwilling participants to opt out.

Atlanta, Ga.-based Cardlytics Inc. plans to support location-based card-linked marketing with push notifications in the first quarter of 2014.

PITTSBURGH – American Eagle Outfitters, a leading national clothing retailer, filed a new antitrust suit against Visa and MasterCard this week, the latest in a new flurry of antitrust claims being launched against the card networks.

If you stop by bar Room77 in Berlin's Kreuzberg neighborhood for a beer, you can leave the euros in your wallet and instead pay with the digital currency Bitcoin—a growing phenomenon in Germany and other countries that are changing their views on the currency.

By adding Popmoney person-to-person payments to its primary mobile banking application, PNC Bank is putting the feature where its most tech-savvy customers expect to see it.

MasterCard is placing more emphasis on things like airline boarding, wearable computing and many other things the card network contends can be used to win a consumer's business long before the payment is made.

Card marketing and technology company Dynamics launched a new game-based rewards system that card issuers can use with traditional plastic cards, with Key Bank among the first issuers to offer the program to consumers.

The Societe de transport de Montreal (STM) is testing a loyalty program that ties user preferences and special offers to transit payment cards, a move that's also designed to shift rider volume from peak times.

Many mobile commerce systems are built on the premise that we need something simpler than typing a complex password on a small screen. With the iPhone 5S, Apple unveiled its own solution: a fingerprint scanner.

The digital payments initiative clearXchange is run by three banks that make up more than 50% of the online banking market in the U.S., but it still has a lot of work cut out for it.

SavedPlus has launched a platform that encourages consumers to save a small amount of money every time they make a payment.

The EMV Migration Forum has released a white paper detailing current testing requirements for acquirers, acquirer processors and direct-connect merchants as companies migrate to EMV-chip cards.

Visa, Goldman Sachs and Nike will replace Bank of America, Alcoa and Hewlett-Packard the Dow Jones Industrial Average next week in a shakeup of the blue-chip stock index.

U.S. District Judge John Gleeson has an opportunity this week to put an end to an antitrust complaint against Visa Inc. and MasterCard Inc. that dates back to 2005. But the courtroom battle may continue past the Sept. 12 fairness hearing.

Today's the day Apple unveils the successor to the iPhone 5. Here's a look at the leaks, patent applications and other rumors that shed light on the company's mobile payment plans.

Buttercoin wanted to be a Bitcoin exchange, but after being discouraged or outright rejected by over 76 financial institutions, it chose a different path.

MasterCard processing subsidiary DataCash will integrate with TV App Agency’s TV App Engine to enable electronics makers and app developers to accept payments through specially equipped televisions.

Since its founding six years ago, Braintree has grown its annual processing volume to $10 billion a year — including more than $2 billion from mobile transactions — which could make the Chicago-based payments processor an attractive addition to a number of companies.

Card marketing and production company Arroweye believes issuers are sitting on a ton of user data that can be used to quickly distribute personalized cards that carry pinpoint marketing messages.