Cards

The FBI has raided a Dallas server farm that housed computers used to launch Internet attacks against PayPal Inc., according to an affidavit posted by TheSmokingGun.com.

Commuters on the Delhi Metro rail network soon will be able to use their credit, debit and dual-function cards to make payments at the stations for various types of services, a spokesperson for the Delhi Metro Rail Corp. tells PaymentsSource.

Green Dot Corp. faces little financial risk from proposed legislation that would ban certain fees on prepaid cards, according to a stock analyst.

The Federal Reserve Board’s proposed rules regarding debit card interchange and network routing so far have generated only 35 comments, but one legal expert suggests “many” letters now in development will appear closer to the Feb. 22 comment deadline.

Oberthur Technologies and MasterCard Worldwide have launched MasterCard M/Chip Advance, a technology designed to enhance card payments by incorporating more cardholder and third-party data into transactions, the two companies announced Dec. 22.

Getting customers to use their debit cards is increasingly important to community banks. Some are offering rewards points that can be spent at local businesses. Others are paying cash-say, 5 or 10 cents-every time a customer uses the card for a purchase.

Carrefour Group, a France-based retailer with operations in Europe, Asia and South America, has launched its first prepaid card through a bank in Romania, the company announced Dec. 27.

Two men have been arrested in Daytona Beach, Fla., and charged with felonies after stealing an ATM from the Daytona Beach News-Journal building.

Discover Financial Services is going into the new year in a relatively stronger position than it was a year ago, helped by the improving economy and by recent key strategic moves it has made, a new report suggests.

The Federal Trade Commission is taking legal action against a massive Internet enterprise that allegedly has made millions of dollars by luring consumers into "trial" memberships for government-grant and money-making schemes, then charging various fees to their credit and debit card numbers.



VoiceCash Services GmbH & Co. and Germany-based telecommunication provider Mobilcom-Debitel have partnered to launch an initiative to enable German consumers to transfer funds directly to between prepaid card accounts, VoiceCash announced on Dec. 23.

Network International LLC has entered into a strategic partnership with Abraaj Capital, which announced the deal Dec. 22.

HDFC Bank Ltd. and Jet Airways Ltd. have entered into an agreement that enables the bank’s credit cardholders to pay for tickets on installment, the India-based bank announced Dec. 15.

The Bank of the Philippine Islands has selected Hypercom Corp. to provide terminals for its card-payment systems, the Scottsdale, Ariz.-based terminal maker announced Dec. 21.

Vantage Credit Union of St. Louis says it has dramatically improved customer engagement by enabling members to access the Facebook Inc. and Twitter Inc. social-media websites from within online banking. Those who access Facebook and Twitter through its online-banking tool spend twice as much time on the credit union’s website as the users who do not.

Many online merchants in the United Kingdom may experience downtime during the holiday shopping season because their systems used to detect fraud card-not-present fraud may not be reliable or current, new research suggests.

Think Computer Corp. has introduced a digital-coupon system integrated into its mobile-payments application that relies on facial recognition to confirm a user’s identity at the point of sale to help combat payment fraud.

Visa Inc. unveiled its new special offers mobile payment app, placing it in a crowded market for merchant perks that also includes a major push by rival MasterCard Worldwide.

PerkStreet Financial will offer MasterCard Worldwide financial products through its checking-account rewards program, switching fewer than 50,000 debit cards away from Visa Inc., the Wilmington, Del.-based financial-services company announced Dec. 21.

Snapper Services Ltd. has become the latest organization to join the new “super ticket” system planned for Auckland, New Zealand’s public transport system, the integrated ticketing provider announced Dec. 16.