Cards

Bank of America announced the nationwide launch of its online rewards system, BankAmeriDeals. The system allows consumers to select deals online or through a mobile app and then redeem those offers by spending with a credit or debit card.

Total System Services is taking a different approach to sales by forming a joint venture with Central Payment Co.

As the demand for reloadable prepaid cards grows, distribution is expanding further beyond traditional venues such as convenience stores as more companies sell the cards next to long-established financial services such as funds transfers.

TSYS Healthcare will issue network-branded cards and process the card transactions under a deal the Total Systems Services unit reached with Acclaris.

A bank in Vietnam claims it has tripled its account base since it began offering cards with biometric fingerprint technology in June to the country's unbanked residents.

Wells Fargo's customers have opted to receive digital versions of their ATM receipts 100 million times since the bank introduced the feature two years ago.

JPMorgan Chase is now offering mobile banking and payments features to users of its prepaid card, Liquid.

VeriFone is supplying retailer Beall's with customer-facing point-of-sale devices that feature color displays and the capacity to adapt to changes in payments.

Sites like Groupon have captured consumers' attention and loyalty in a way that credit card issuers often dream of. A few savvy payments companies have found ways to benefit from the daily-deals fad.

Mexican bank Banamex this week launched the initial phase of the first major countrywide contactless-payment rollout that includes the issuance of 100,000 contactless credit and debit MasterCards and the deployment of several thousand terminals to 1,900 merchants in Mexico City.

As we transact, we give life to the inner "rock star" or "accountant" in us, says Brett King, chief executive of mobile finance start-up Movenbank.

Trying to figure out Apple's intentions with mobile payments based on the technology giant's patent approvals is akin to assembling Ikea furniture without instructions. Some parts clearly fit, others not so much.

Transaction processor Vantiv plans to offer its new Mobile Accept card reader to help brick-and-mortar merchants handle payments outside their stores — without paying more than they do for in-store payments.

American Express will offer its reloadable prepaid cards on Walgreens shelves by the end of the week.

Google has changed the rules about how issuers get into its mobile wallet, and American Express is the first to vocally and vehemently oppose Google's new setup. The outcome of this dispute could decide who controls transaction data in mobile payments.

The use of mobile applications to help consumers pay for parking is growing, with three companies recently announcing expansions and new technology.

A penny per transaction may be enough to cover issuers' costs of preventing credit and debit fraud now, but that math could change if fraud incidents spike.

VeriFone shares fell the most in more than two months after Starbucks, the largest coffee-shop chain, said it will use Square’s rival payment system in 7,000 stores.

Starbucks' $25 million investment in Square says a lot about the mobile payment provider's appeal to larger merchants — but the coffee chain's decision to leave out some of Square's technology also speaks volumes.

Acculynk, which supports PIN-debit card use online, announced American Airlines as the first major airline to go live with its PaySecure product.