Cards

Barnes & Noble, the biggest U.S. bookstore chain, won the dismissal of a suit over the “skimming” of customers’ PIN codes from credit-card readers at stores in New York, California and seven other states.

The recent court ruling on debit interchange fees should remind the payments industry how harmful the Durbin amendment is.

VeriFone's recovery from its earnings slump will rely heavily on merchants investing in new technology to respond to the impact of mobile on payments.

Seven card-issuing banks can sue Heartland Payment Systems Inc. for negligence stemming from the processor’s 2008 data breach, the 5th U.S. Circuit Court of Appeals ruled this week.

Instant-issue cards may seem like old news, but if Centier Bank's recent implementation of EFT Source Inc.'s platform is any indication, the technology is still helping banks increase transactions and interchange revenue, while lowering card production costs.

Monitise is offering its payments and mobile banking products to more than 2,600 credit unions through a partnership with Card Services for Credit Unions, a credit union card processing and payment services association.

Total System Services has signed a long-term acquiring agreement with Irving, Texas-based Anovia Payments.

Target has emerged as a leader in store-branded debit cards. The goal of such cards is to use data analytics and discounts to cement customers’ loyalty.

Doomsayers conveniently forget that the business case for introducing debit cards was one of cost avoidance for the banks, not revenue.

The ATM Acquirers Alliance is restructuring its organization to accommodate new industry segments and payments technology and has changed its name to Integrated Payments Alliance.

Banks can do business with Internet-based lenders that don’t violate the law, the nation’s primary payment system said in a letter that followed warnings from regulators about the online firms’ practices.

Cloud payment processor and mobile commerce vendor i2c Inc. is providing the technology for Boom Financial's entry into Haiti with its text-messaging money transfer service.

Visa has made several changes in its management structure, including the expansion of Bill Gajda’s duties.

Tradehill Inc., a Bitcoin exchange, has ended its relationship with Internet Archive Federal Credit Union—announced only a few days earlier—and has suspended trading, blaming regulatory issues.

U.S. merchants are in for a rude awakening if they do not prepare for the spike in e-commerce fraud that will likely follow the shift to EMV-chip cards at the point of sale.

A European EMV migration technology provider plans to make itself known to more U.S. payments companies.

The terminal swapouts that accompany the EMV chip-card migration in the U.S. should help VeriFone recover from its performance slump, according to Northcoast Research.

A new Jack Henry program can speed EMV-chip card migration for card issuers by up to a year — but only for credit cards, since ongoing legal issues hamper the use of EMV for debit cards.

Online and mobile payments processor WePay's has seen the number of developers using its application programming interface (API) grow by 284% in the past year.

PreCash Inc. has launched Evolve Money, a consumer-facing online and mobile application that allows cash-paying users a way to pay and track their bills.