Cards

Payments provider Elavon will use Ingenico's new Telium2 series countertop and wireless terminals for its customers in the U.S. and Puerto Rico.

VeriFone announced that Glob Taxi Co. of Warsaw, Poland has chosen its payments technology for in-cab transactions.

Hurricane Sandy reduced U.S. retail sales in the northeast by about $4 billion last week, according to MasterCard Advisors SpendingPulse.

Independent operators of automated teller machines want to make sure they don't get lumped together with the nation's retailers in the ongoing wars over interchange fees.

The first considerable change for the Bitcoin market nears — the date when rewards for 'mining' the digital currency drop from 50 to 25 bitcoins per block generated.

For CreditCall, the slow pace of the U.S. shift to the EMV standard is fast becoming an opportunity.

OMAHA, Neb. – Four Points FCU has contracted with Primax to implement and provide support services for the credit union's credit card issuing program.

RIVERDALE, Utah --America First CU has rolled out the ABC Deals cash-back program that offers members cash back on as much as 15% of Visa credit or debit purchases.

Facebook's latest update to its mobile app is meant to allow the social network's users to purchase physical goods as gifts from within the app.

With a community-based state charter, Veridian Credit Union isn’t supposed to have members outside its market in Iowa. And yet the credit union has been handling funds nationwide for the alternative payment company Dwolla since 2009.

Lemon is working with BillGuard, which provides a transaction monitoring service, to boost its mobile wallet's security and perhaps also boost the wallet's appeal among consumers.

Brian Thompson, senior vice president at the finance consultant Equity Dynamics Inc., is joining the board of prepaid card provider BillMyParents.

The popular mobile-phone game Angry Birds is once again helping a new payments product take flight, with the introduction of a prepaid card with designs based on the game's theme.

Issuers and merchants have heard the card brands’ pitch that without EMV smart card adoption in the U.S., fraudsters will flock to this country because it will become a weak link in the data security chain.

Debt buyer Encore Capital Group, based in San Diego, reported strong financial gains for the third quarter ended Sept. 30, including record earnings, collections and operating cash flow.

The storm left many without electricity, phones and use of the roads. But in many of the affected areas, consumers and merchants continued to conduct business and found a way to handle payments.

The dominant prepaid card marketers, Green Dot and NetSpend, faced a new and significant rival with the launch two weeks ago of the Bluebird card by American Express and Wal-Mart. Both prepaid companies are expressing early optimism — but long-term uncertainty looms.

NXP Semiconductors has developed a touch sensor that could combat thieves using a mobile scanner to attempt to steal account details from contactless payment cards.

Green Dot announced Thursday that its quarterly earnings fell 20% from a year ago as competition intensified in the prepaid card market.

Visa seems to have weathered the most severe effects of new rules that shook its hold on the U.S. debit card market, though the company still faces a government investigation into the methods it is using to recoup lost revenue.