Credit

A new Jack Henry program can speed EMV-chip card migration for card issuers by up to a year — but only for credit cards, since ongoing legal issues hamper the use of EMV for debit cards.

In another move to win over video game devotees, American Express Co. created a League of Legends-branded prepaid card, which could be more fitting than its earlier efforts to appeal to gamers.

Migrating to EMV does not mean card issuers have to do away with their instant-issuance systems.

Wells Fargo & Co. will tie up with American Express Co., the world’s biggest credit card issuer by purchases, to offer cards accepted on American Express’s network of merchants.

Alliance Data Systems Corp. is adding augmented reality technology to the tools it offers to drive the use of retail payment cards.

PayPal's new partnership with Alliance Data spans multiple products at both companies, but it has barely scratched the surface of what the two payments providers say is possible.

PayPal plans to fuel the expansion of its in-store payment system by using services from retail card loyalty and marketing company Alliance Data Systems.

Davis and Henderson's planned $1.2 billion acquisition of Harland Financial Solutions marks the Canadian technology developer's biggest push into the U.S. market and its first foray into payments processing.

Banks face caps on the card fees they can collect on Visa Europe Ltd. and MasterCard Inc. transactions as the European Union seeks to slash charges imposed on retailers by 6 billion euros ($8 billion) a year.

Citigroup is migrating its commercial card business in Turkey to its global platform, as the bank plots additional moves into Russia and other markets.

The federal government says it may build databases of credit card transactions, hotel records and Internet searches as part of counter security measures.

American Express does not expect the discount rate it charges merchants to fall under the jurisdiction of regulations being considered by the European Union to place caps on interchange fees.

Australian startup Pin Payments has acquired billing technology and the global customer base of a U.S. company to continue its push to provide developers with software that handles credit card acceptance online.

Heartland Payment Systems will use Alaric's Fractals fraud prevention and detection product to monitor the 300 million card transactions it processes each month.

Banks and payment card providers would face caps on the transaction fees they can demand from retailers under European Union plans to rein in charges that have been attacked by regulators as anticompetitive.

Capital Services plans to begin offering its internally-used suite of payments, consumer and portfolio management tools to a broad market of financial players.

Payments and marketing are getting closer than ever, and several companies are blurring the line between where the payment ends and where the pitch begins.

JPMorgan Chase, reporting a 31% increase in its second-quarter net income driven by investment banking, also reported that its credit-card business is stabilizing.

With the summer driving season in full swing, Shell Oil Products U.S. is attempting to boost the appeal of its branded payment cards.

The Merchant Customer Exchange (MCX), a mobile payments initiative created by major retailers, will use technology from FIS to speed processing and provide access to accounts at a large range of financial institutions.