Cards

TAMPA, Fla. -- Card Services for CUs is offering credit union members the ability to capture data on every Visa credit and debit card transaction made with VisaVue Online, a web-based tool that offers a variety of options for analyzing credit and debit cardholder usage.

Michael Duffy, president of Chase Paymentech, passed away Thursday night. He was 54. Dan Charron, the executive vice president of client services, has assumed the role of acting head of the Dallas-based merchant acquirer subsidiary of JPMorgan Chase.

BIPS’ strategy: Make it easy for merchants to get started with Bitcoin, aggregate their balances with the company, and make money over time on foreign exchange conversion and premium services.

Apple's Passbook has no payment function of its own — it is a blank canvas for other developers to add their ideas. In this way, Apple's featureless mobile wallet is fast becoming one of the most full-featured options available today.

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.