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Credit unions must adjust soon to the impact of mobile payments, which can disrupt their revenue from traditional payment systems like credit and debit cards.
May 21 -
Green Dot said Monday that it has signed a new multi-year distribution deal with Dollar Tree and extended its contracts with other partners.
May 21 -
The Indian Railways is proposing the introduction of a universal smart card ticketing system it contends would make it easier for rail passengers to secure tickets and pay for rides.
May 21 -
After a lull in ATM expansion in India, public-sector banks now are planning a concentrated and collaborative push to deploy nearly 60,000 machines across the country over the next two years.
May 21 -
Plastic Jungle Inc. likes the idea of letting other companies help promote its gift card exchange service.
May 21 -
Standard Bank Ltd. has launched a contactless debit card to tap into South Africa’s transit-payments market, the bank announced May 17.
May 18 -
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.
May 18 -
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.
May 18 -
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.
May 18 -
U.S. Bancorp is raising some of its overdraft fees, the latest example of banks changing what they charge checking-account customers.
May 18 -
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.
May 18 -
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.
May 17 -
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.
May 17 -
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.
May 17 -
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.
May 17 -
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.
May 16 -
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.
May 16 -
ORLANDO–Banks want to strike gold again in payments, but they are still struggling to figure out which river to pan.
May 16 -
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.
May 16 -
Ottawa, Canada, has joined a growing list of North American cities supporting mobile payments for parking.
May 16
