Cards

Jeff Carter either is either in charge of selling the most transformational technology that will come to banking, indeed to human identification, in recent memory, or he's the most delusional former banker you'll ever meet.

A new payment-authentication company has developed technology that uses any phone to help verify Internet PIN-debit transactions conducted at participating merchant websites.

Datacard Group has acquired Dynamic Card Solutions, a leading provider of instant-issuance software for financial card programs, Minnetonka, Minn.-based Datacard announced Sept. 30.

MINNETONKA, Minn. – Datacard Group, the privately owned card services provider, announced this afternoon it has agreed to acquire Dynamic Card Solutions, the popular provider of instant card issuing for credit unions and banks.

VeriFone Systems Inc. announced Wednesday an unsolicited bid to buy rival Hypercom Corp. at $5.25 per share, which it described in a letter to Hypercom's board.

MasterCard Inc. has developed a prepaid card that can be loaded with multiple currencies, each stored in a separate account.

Elizabeth Warren, the top Obama administration official in charge of setting up the Consumer Financial Protection Bureau, made it clear late Wednesday that she intends to target financial disclosures as one of her top priorities.

A Web-based incentive company is hoping Facebook Inc.’s virtual currency system can become a more-effective and less-expensive way for Internet retailers to develop consumer loyalty.

One unexpected result of new, lower signature-debit interchange rates many insiders expect to go into effect next year could be a boost in merchants’ acceptance of contactless payments, one analyst contends.

Online payment gateway GoToBilling Inc. has a new reseller program that it hopes will attract more independent sales organizations and, subsequently, more merchants, the Bozeman, Mont.-based company says.

Sales representatives for TransFirst will sell merchant services to business customers of MainSource Bank, the Hauppauge, N.Y.-based merchant-services company announced Sept. 28.

ICICI Merchant Services Pvt. Ltd.’s Internet payment gateway soon will begin enabling India’s online merchants to accept MasterCard Worldwide’s Maestro PIN-debit cards, the India-based company announced on Sept. 27.

Fifth Third Processing Solutions LLC has signed processing contracts with four Texas-based financial institutions, the Cincinnati-based company announced Sept. 29.

Masabi Ltd. has secured $2 million from m8 Capital, a United Kingdom-based mobile-technology investment company, to aid in the global rollout of a barcode-based mobile application designed to enable consumers to purchase train tickets using their mobile phones from any location, London-based Masabi announced on Sept. 28.

Improving product delivery in the face of new payments regulations is among the top priorities for First Data Corp.’s new chief executive.

Consumer confidence fell in September as pessimism about the economy increased, The Conference Board Inc., a New York-based research organization, reported Sept. 28.

The Members Group, which does business as TMG, a financial-services provider to credit unions and community banks, is offering a means to combat ATM card-skimming attacks with a suite of services from ADT Security Services Inc.

Inside Contactless is providing what it calls “dual-interface chips” for the contactless cards being used in a pilot for First Data Corp.’s debit card fraud-protection product, the France-based chip manufacturer announced Sept. 28.

Cynergy Data LLC has a new processor. TSYS Acquiring Solutions, a unit of Total System Services Inc., will handle authorization, settlement and charge-back matters for the Long Island City, N.Y.-based independent sales organization, TSYS says.

UAE Exchange Inc. has signed an agreement with MasterCard Worldwide to offer MasterCard’s MoneySend service in the United Arab Emirates for outbound remittances to the Philippines, according to the Dubai-based remittance and foreign exchange provider.