Cards

Acculynk Inc. is banking on its relationships with major U.S. retailers to help it secure card-network partnerships in the international market to deploy PaySecure, its Internet PIN-debit product.

Associated Bank in Green Bay, Wis., has agreed to pay $13 million to exit a class-action lawsuit that accuses it and other issuers of processing debit card transactions in a manner that maximized fees from overdrafts.

Processor 99Bill Corp. has entered the cross-border electronic-payments market in China, offering payment-processing services for Chinese merchants that sell their products and services internationally, the Beijing-based company announced Nov. 19.

Transaction processor Vantiv on Nov. 29 introduced its first prepaid program, offering issuers general-purpose reloadable MasterCards.

The Financial Service Authority in the United Kingdom has authorized Euronet Worldwide Inc. to acquire ATM and credit card transactions throughout most of Europe without the requirement of a sponsor bank, the e-payments provider announced last week.

MasterCard Worldwide and Western Union Co. are expanding a program that enables consumers to send funds via prepaid cards, the companies announced Nov. 29.

Black Friday and Cyber Monday were robust for retailers, which could translate into a profitable start to the holidays for cyber criminals as well, a data security expert suggests.

Green Dot Corp. got the green light to jump into traditional banking at exactly the right time.

Wincor Nixdorf Inc. has inked an agreement with Global Cash Access Inc. to provide additional cash-dispensing ATMs in casinos nationwide, the companies announced Nov. 29.

VIENNA, Va. – Navy FCU said this morning it has partnered with Cartera Commerce to launch a rewards program that offers members extra cash back and rewards points with online shopping offers linked to their credit card accounts.

Starbucks Corp. plans to ride the U.S. success of its in-store mobile-payment method by introducing the application to customers in the United Kingdom and Ireland on Jan. 5, the Seattle-based company announced Nov. 24.

London’s O2 arena has begun accepting contactless payments via card or mobile phone in conjunction with card issuer BarclayCard and Visa Europe..

Consumer use of credit cards online is making a comeback, new research suggests.

Champion boxer Manny Pacquiao is throwing his weight behind a prepaid debit card featuring a remittance service that the product’s marketer primarily will promote to Filipinos living in the U.S.

Air New Zealand has launched a smart prepaid card that supports MasterCard PayPass contactless functionality, the airline announced Nov. 22.

Green Dot Corp. made banking history Nov. 23 after nearly two years of trying.

Banking customers in the reclusive state of Myanmar reportedly have come out strongly in favor of ATMs, which did not exist in the country until recently.

IVR Technology Group LLC’s Pay-by-Phone virtual terminal now can process check payments through a partnership with processor Global eTelecom Inc., the phone automation services provider announced Nov. 22.

South Korea’s telecommunication regulator is partnering with mobile-phone operators and card networks in a pilot to test a Near Field Communication-based mobile-payment system on the country’s busiest shopping street.

The fallout from the now-defunct Kardashian Kard appears to be forcing celebrities to scrutinize potential prepaid debit card partnerships before signing a deal to endorse and promote a product.