Cards

Acquisition and pension costs decreased NCR Corp.’s third-quarter net income by 82%, to $15 million from $85 million a year earlier. Revenue for the quarter ended Sept. 30 was up 17%, to $1.4 billion from $1.2 billion, the Duluth, Ga.-based ATM and kiosk maker announced Oct. 28.

When Russell Simmons visits to show his solidarity with the Occupy Wall Street protestors, he probably does not bring the new diamond prayer beads he was bragging about on Twitter.

Three years ago, MasterCard Worldwide’s success in stealing a major bank's debit business could have been a game changer.

New card activations and increased card use by existing customers helped boost Green Dot Corp.’s third-quarter profits, the company anounced Oct. 27.

Heartland Payment Systems reported favorable third-quarter earnings Oct. 27, but it is still too early to tell if its “Durbin Dollars” promotion is paying off, an analyst says.

Apriva LLC plans to launch a mobile wallet next month that could help independent sales organizations and agents stake their claim on part of the mobile-payments market.

Linkable Networks Inc. is putting a new spin on merchant-funded rewards with a system that enables consumers to link retail offers they see in various advertisements online, in print and on television directly to a credit or debit card account.

Bracing for the loss of some debit transactions as a result of new Federal Reserve rules requiring debit cards to carry at least two card network brands, Visa Inc. next year plans to ramp up a series of incentives for merchants and acquirers, Joe Saunders, Visa chairman and CEO, told analysts Oct. 26.

Singapore's Infocomm Development Authority has put together an industry group to develop a system under which consumers may pay for taxi fares and small purchases with their mobile phones.

You can leave home without your American Express card now if you are heading to Neiman Marcus.

Diebold Inc. experienced drops in third-quarter revenue and profitability, but the ATM manufacturer’s top executive pointed to gains it made in North America during an Oct. 27 conference call with analysts to discuss the company’s earnings.

Mobile e-commerce is taking off rapidly in China, according to a report released Oct. 26 by the Beijing-based iResearch Consulting Group.

MoneyGram International Inc. on Oct. 27 reported solid third-quarter earnings growth, with a 58% increase in net income to $15.8 million from $10 million during the same period last year. Revenue increased 9.9%, to $321.9 million from $292.9 million.

CHICAGO— The International Anti-Counterfeiting Coalition will launch a portal-based reporting system to help acquirers monitor and get rid of fraudulent online merchants, Robert Caldwell, founding partner of Bellevue, Wash.-based G2 Web Services, told attendees here Oct. 27 during an Electronics Transactions Association leadership summit.

In many homes, the mom is in charge of the household finances because she often makes most of the spending decisions while caring for her children.

The transaction fee-driven autumn of discontent among big banks' customers would seem to be tailor made for BankSimple, whose founders have spent lots of time over the past year or so writing blogs and selling the idea of frustration with large banks as a consumer-acquisition play.

Banks are combating fraud with technology on a number of fronts, according to a Novarica study released this week.

Visa Inc. on Oct. 24 reported fiscal fourth-quarter net income of $880 million, up 13.7% from $774 million a year ago. Operating revenue for the quarter ended Sept. 30 rose 14.3% to $2.4 billion from $2.1 billion.

SACRAMENTO, Calif. – First U.S. Community CU has signed with Vantiv for single-sourced comprehensive electronic processing services.

Helped by strong transaction growth across all sectors, transaction processor Euronet Worldwide Inc. reported a healthy increase in third quarter revenue and positive adjusted cash earnings, the transaction processor announced Oct. 26.