Cards

Apple’s announcement of its upcoming launch of P-to-P capabilities was no surprise. But the details should come as a shock to many of the banks that have bent over backwards to support Apple Pay on Apple's strict terms.

Biometric scans provide security and convenience, but still carry risk that requires additional technology, writes ValuePenguin analyst Robert Harrow.

Contactless cards are becoming the global standard for most markets except in the U.S., where tap-to-pay card distribution lags far behind the rest of the world, according to the Smart Payment Association (SPA), a Munich-based organization that tracks global card manufacturer data.

Netspend is focusing on "overlooked and emerging segments" to expand its prepaid card services, according to company president Chuck Harris. And it's making some very unconventional alliances along the way.

Gift card marketplace provider Raise is launching a mobile wallet for gift cards to turn them into somewhat of an alternative currency.

Nigeria-based United Bank for Africa (UBA) has introduced a Mastercard debit card available via instant-issue at its branches in Cameroon in a new phase of its push to expand debit usage throughout Africa.

Unlike some other family spending tools in which parents dictate what their children can spend on prepaid cards, Malauzai Software and payment technology provider Vantiv are delivering an application that encourages users to let the child decide what to spend.

U.S. payment companies frustrated by Chinese regulations blocking direct access to its vast consumer market could get a break under the terms of a new U.S.-China trade deal.

Digital wallets are maturing, meaning card plays will increasingly resemble Chase Sapphire, targeting a specific higher end demographic, writes Alyssa Arredondo, director of financial vertical marketing at Entrust Datacard.

Visa and Cambia Health Solutions, a Portland, Ore.-based health care technology company, are teaming up to offer consumers health care reimbursements directly through debit cards, instead by check or bank transfer.

Republican leaders acknowledged that they will not be able to use the Congressional Review Act to overturn the CFPB's prepaid card rule.

The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.

The Durbin Amendment is on the chopping block , which could reverse years of savings for merchants and consumers.

Using mobile apps to control payment cards has become a popular security option among issuers.

The card network and the aid organization have also worked together in China and Myanmar.

While approval is likely in the Republican-dominated House, a Senate bill needed for the plan to become law would face a tougher path because the party’s narrower majority in that chamber.

The plastic card is an aging tool in payments, but there's still room for innovation in its design and features. Here are a few new concepts that favor technology and style as differentiators.

The move will help consumers directly authorize payments to third parties without providing the physical card or full account details.

Jack Henry will be able to provide full-service credit and debit card processing to all existing core bank and credit union clients on a single platform.

When American Express debuted its Bluebird prepaid card in Walmart stores nearly five years ago, it was a sharp detour from the card brand's status as a product for the elite. But rather than bridge these two worlds, the Bluebird card has kept its market walled off.