Cards

Verizon Wireless plans next month to impose a $2 fee for every payment subscribers make over the phone or online with their credit cards, the telecommunication company announced Dec. 30.

Bancnet Inc., a Philippines-based ATM network, has begun offering outsourcing services to small, local banks in the country that cannot afford to deploy their own teller machines.

Security managers guarding bank account, credit and debit card data should take protective measures up a notch in 2012, new research suggests. Perhaps even two notches.

Online banking customers for King's Town Bank in Taipei, Taiwan, now may send and receive Western Union Co. funds transfers internationally.

China UnionPay has signed an agreement with BesTV Network Television Technology Development Co. Ltd. to support bill payments initiated on consumers’ televisions. But it faces a market that is becoming less reliant on TV for information.

This year saw two of the U.S. payments industry's most stagnant technologies–chip cards and decoupled debit–take divergent paths.

Zil Bareisis knows all too well why the British government is considering a ban on credit card surcharges that shock consumers purchasing tickets or products online.

In the realm of payment card data security, 2011 qualifies as the year in which “more” became a key term on many levels.

A California start-up is creating what it calls the “Visa of prepaid.” But it has a long ways to go before its name becomes tied to a major sporting event.

Banks are starting to take a closer look at the Foreign Account Tax Compliance Act, though its rules do not take effect until 2013.

Developing systems to help doctors expand patient-payment channels–including accepting more credit and debit card payments–is a big challenge. But educating medical office staff and patients on how such systems work may be the toughest part of introducing new health care payment technology.

A check-imaging technology provider has settled its federal patent-infringement claims against U.S. Bancorp for undisclosed terms.

When Anthony Salas counted the number of point products and services that Anchor Bank was managing to drive its information-technology infrastructure, the number was far more than a dozen.

A Chinese ministry wants to cap the fees associated with accepting credit cards now that card penetration and spending in the country has made it financially feasible for card issuers and the country’s card network to support the limits.

The ongoing battle between low-cost airlines and the United Kingdom government over card surcharges reached a climax Dec. 23 when the country’s Office of Fair Trading announced plans to ban what it considers to be excessive fees across different travel and entertainment channels.

WASHINGTON – The Consumer Financial Protection Bureau is seeking comments on whether and how to revise Regulation E, which governs implementation of the Electronic Fund Transfer Act.

Commerce Bancshares Inc.'s banking unit has agreed to pay $18.3 million to settle a class action involving overdraft fees.

You scratch my back, I'll scratch yours.

From the beginning, Asian countries have been ahead of the curve in testing and deploying mobile-payment systems.

Diebold Inc. has begun installation of 12 new ATMs featuring advanced self-deposit and denomination-acceptance capabilities in The State Bank of Canton Ticino in Switzerland, the ATM manufacturer announced Dec. 22.