Cards

WASHINGTON–If approved, a bill introduced in Congress April 17 would go a long way to curing the growing number of lawsuits over ATM disclosures by eliminating the requirement that ATMs disclose fees on the outside of the machines or on-screen.

Banks may be taking a big risk in letting younger consumers get too comfortable using prepaid cards for most financial services.

Patience has been a common virtue for businesses, financial institutions or agencies seeking to convert consumers to electronic payments and do away from paper checks.

An angry ATM customer who has been suing banks across the country the past three years over fee disclosures has struck again, filing suit April 12 against Seattle’s Bellingham’s North Coast Credit Union for allegedly failing to post on the outside of the machine fees charged to noncustomers.

Following in the footsteps of successful class-action suits against banks on overdraft fees, a nonprofit group is targeting credit unions around the country for similar suits.

In 2011, automated clearinghouse payment volume totaled more than 20.2 billion transactions, up 4.4% from a year earlier, NACHA reported April 12.

The legal drama that began March 29 when USAA Federal Savings Bank sued its technology partner Mitek Systems Inc. over patent rights to technology that deposits checks by mobile phone has gotten more complicated.

Orange continued its push to stay at the forefront of mobile payments in the United Kingdom, expanding its Quick Tap contactless payment system to handsets powered by Google Inc.’s Android operating system.

This story was updated from its original version with more information.

One might say prepaid debit cards come in all shapes and sizes, considering the various costs to obtain them and the fees to use them.

FreeMonee is working on a better way to get consumers' attention for merchant-funded debit card offers.

Pensioners and the physically challenged in India could be in for some banking-fee relief if the country’s central bank removes some ATM-use limits and fees under a proposal it is reviewing.

SmartMetric Inc. came up empty in federal appeals court April 11, but the payments-technology provider plans to continue its fight against three of the major card brands it says stole its patented technology.

Cubic Corp. is providing transit agencies with some new capabilities via its latest automated fare-collection product.

In a messy dispute, USAA Federal Savings Bank and Mitek Systems Inc. have been fighting over a simple issue: who invented mobile remote deposit capture–the ability to deposit a check by snapping an image of it with a phone.

Visa Inc. has rolled out another point-of-sale fraud-fighting tool for payment card issuers already facing costly changes to block fraud at the checkout level with EMV technology.

Gift card marketers are joining forces to oppose a New Jersey law that would cause headaches for retailers.

Visa Inc. has launched a new tool to help issuers spot fraud, the card brand announced April 11.

The U.S. migration to EMV is far away, but U.S. travelers' EMV options are growing close to home.

Online coupon site RetailMeNot.com plans to ride the momentum of a paperless coupon beta test it held at last month’s South by Southwest multimedia festival in Austin, Texas, to stage a national rollout this summer, PaymentsSource has learned.