Cards

Many times, marketing constraints can slow financial institutions' rollout of Fiserv's SpotPay card readers. Fiserv's new spotpay.com website addresses this concern without compromising the vendor's mission of offering the device almost exclusively through banks and credit unions.

Alicia Moore, head of ATM banking at Wells Fargo & Co., recently spoke with PaymentsSource about the new credit card management and payment features that are part of the company's larger ATM fleet overhaul.

The Federal Reserve Board said March 5 it would not adjust its cap on interchange fees.

PayOne's lawsuit against Home Depot over its use of PayPal's point of sale payments technology is not the first legal battle PayOne has pursued with an entity tied to PayPal — and, the company says, it may not be the last.

BancorpSouth will begin issuing payroll cards, an increasingly popular replacement for checks for both card issuers and consumers.

Fraudsters are deploying a new malicious software attack that steals card data from consumers by making them believe they are providing extra authentication when shopping online, Trusteer reports.

While BillMyParents was a catchy name for a teen-focused payments company, it didn't do much for its message of promoting financial responsibility. So for the third time in four years, the company changed its corporate name.

Noting a series of “self-inflicted” issues that have hampered the company's performance, VeriFone CEO Doug Bergeron promised a series of overhauls at the payments technology provider, including a renewed focus on research and development and better management of the resources dedicated to creating country-specific configurations of its products.

WASHINGTON – The Federal Reserve issued a report today saying even though card issuers reported lower interchange revenues from debit card transactions last year it has no plans to change the rules governing Durbin amendment’s cap on swipe fees, as the rules gave it the power to do.

FT. LAUDERDALE, Fla. – Three Romanian men were arrested and three more are being sought in a debit-card skimming operation that siphoned funds from more than 400 credit union and bank accounts.

"Shopping is boring," says ShopSavvy CEO John Boyd. His company is working with Capital One to turn the stale process of buying a product off the shelf into an eventful experience built around a mobile wallet.

While Justin Bieber croons "I'll be your platinum, I'll be your silver, I'll be your gold," on stage, off stage he is the latest celebrity to endorse plastic. But there's something different about Bieber's pitch for prepaid cards.

First Data is providing the technology that underpins Foursquare's recent enhancements to its deals service, which allows credit and debit card holders to link their accounts to Foursquare's social network.

MasterCard Inc. says it has secured a partnership with a mobile wallet provider in India that furthers its goal of serving cash-only segments with plastic and electronic payment alternatives.

Spire Payments has purchased Thyron Payments Systems in a deal that will allow Spire to support chip-and-PIN and mobile payments alongside the new Spire payment terminals that are due to roll out in the second quarter.

This is the latest of multiple name changes for the company, which used to be called IdeaEdge Inc. IdeaEdge was already trying on a new name, Socialwise Inc., when it launched the BillMyParents alternative payment product in 2009. Then in 2011, the company renamed itself again, calling itself BillMyParents Inc.

Co-op Financial Services just finished an active week, announcing separate deals with MasterCard Inc. and The Members Group that built on past investments.

Cybercrooks have plenty of new tricks up their sleeves to steal card data from merchants. The attacks aren’t likely to let up, mainly because retailer payment and business systems remain a treasure chest for data pirates, a new study says.

Many merchants still don't take credit or debit cards, usually because of the cost. Two-year-old Plastiq aims to help these holdouts by shifting the cost of card acceptance to the consumer.

The 2013 Mobile World Congress in Barcelona, produced by the mobile operators group GSMA, was the launching point for many significant payments initiatives.