Cards

Plastic Jungle Inc. likes the idea of letting other companies help promote its gift card exchange service.

Standard Bank Ltd. has launched a contactless debit card to tap into South Africa’s transit-payments market, the bank announced May 17.

ORLANDO–With the growing availability of prepaid card products, Visa Inc. wants to make sure its issuers are ready to participate with cards consumers consider valuable and secure for managing funds.

The global economic crisis continues to take its toll on ATM-distribution growth in some parts of Europe, but Russia’s ATM growth remains strong, new data show.

WASHINGTON – U.S. Sen. Michael Johanns, R-Neb., on May17 introduced a bipartisan bill that would end the requirement for dual fee disclosures at ATMs and require only the on-screen disclosure.

U.S. Bancorp is raising some of its overdraft fees, the latest example of banks changing what they charge checking-account customers.

AUSTIN, Texas – After an investigation prompted by local credit unions, two employees at Popeye’s Chicken were arrested Wednesday and charged with stealing customers’ credit and debit card information using a skimming device.

ORLANDO–Some banks see prepaid as an opportunity to attract new customers, but U.S. Bancorp has found that the cards also are popular with many existing customers.

Plaintiffs' attorneys have sued scores of banks over the manipulation of overdraft fees. But they've never enjoyed a more complete victory than in Gutierrez v. Wells Fargo.

India’s largest and most populous state of Uttar Pradesh plans to enable customers to pay their electricity bills online in hopes of providing a smoother experience and increase revenues.

Isis’ May 15 announcement of an expanded list of merchants who will participate in the soft launch this summer in Salt Lake City and Austin, Texas, should clarify to the industry that the telco-led mobile-commerce platform inevitably will roll out nationally, an Isis executive tells PaymentsSource.

RBS Citizens Financial Group is adding person-to-person payments for its online-banking users and expedited automated clearinghouse funds transfers for its mobile-banking users.

A regional credit union in Florida burned a few years ago by high counterfeit card losses says it has cut its actual losses to one-third what they were before deploying a fraud-prevention service earlier this year.

ORLANDO–Banks want to strike gold again in payments, but they are still struggling to figure out which river to pan.

Motorists in Bahrain soon will have a new way to pay for their fuel thanks to one of the country’s largest fuel retailers, which launched a smart prepaid card May 14.

Ottawa, Canada, has joined a growing list of North American cities supporting mobile payments for parking.

Wright Express Corp. bolstered its prepaid-travel products presence in the United Kingdom by purchasing CorporatePay Ltd., a provider of virtual and actual prepaid cards and other travel-industry expense-management products.

Some 15 years after the first EMV chip cards appeared, less than half of all payment cards worldwide conform to the EMV chip card standard, underscoring the slow, gradual speed EMV card deployments generally require.

Bangladesh's ATM penetration is less than one-tenth the world average, but a new partnership between Wincor Nixdorf and ITC Ltd. is helping to address the gap by rolling out new machines in underserved areas of the country.

Alfa-Bank and Rosbank earlier this month merged their ATM networks as the Russian financial institutions looked to compete with Sberbank, the country's largest bank.