Credit

Unobtrusive until now, a set of unrelated security requirements is about to become pretty unpopular, and costly.

India is working to widen the scope of its landmark Kisan credit card by making the product usable as a financial-inclusion tool in addition to its original purpose as a credit tool for farmers.

Life at Fiserv Inc., it seems, is good. And others increasingly are reaping the rewards.

Credit card issuers' account charge-off rates, already exceptionally low, remain on track to hit bottom later this year.

Building on its earlier acquisition of alternative payments platform eBillme, The Western Union Co. has announced a payment product that broadens its appeal beyond its traditionally unbanked consumer base.

To make a successful digital payments product, American Express Co. is shedding a lot of tradition.

Discover Financial Services’ Pulse debit network posted solid gains in the first quarter, but executives say a new rule banning network exclusivity could prove a hurdle going forward.

A federal court has rejected civil claims brought by five credit unions and one bank stemming from the massive 2008 data breach at Heartland Payment Systems that exposed millions of cardholders to fraudulent transactions.

Credit unions spy an opportunity in small business, an unusual market for usually consumer-focused financial institutions and a segment that comes with a fair share of tech hurdles to clear.

Discover Financial Services is partnering with the operator of Puerto Rico’s ATM and debit network as part of the payment card company’s ongoing effort to increase acceptance abroad by teaming with local networks.

Continuing a trend in which India’s card issuers targeting relatively low-risk, high-spend consumers, ICICI Bank Ltd. on March 21 launched another credit card targeting the country’s wealthy.

Industry debates centering on the eventual U.S. conversion to EMV smart card acceptance at point-of-sale terminals have taken on several layers.

In a move to open the e-commerce market between Taiwan and China, Taipei-based E. Sun Commercial Bank Ltd. has entered into a partnership with Alipay Inc., China’s leading online payment service provider.

Incidents of U.S. corporate-payment fraud are declining as more companies shift to using electronic channels from paper, but criminals are getting craftier.

Venture Rewards from Capital One Financial Corp. and Discover Financial Services’ Escape represent the top travel rewards cards, a new report suggests.

Citigroup Inc. has reached a long-term agreement to provide credit card services for the retailer coalition BrandSource.

Premier Health Exchange Inc. has formed a business division to deliver electronic payments to health care providers upon settlement of valid and payable medical claims and reconciliation, the provider of health care cost management services announced March 19.

When Discover Financial Services last week announced its EMV smart card conversion timetable for the United States, it again stoked debate over whether card networks and issuers should embrace the chip-and-PIN or chip-and-signature formats.

Delivering the perfect marketing pitch via mobile or Web at the point of sale is one of the primary upselling goals of mobile banking, one which requires sales pitches and marketing campaigns to be delivered faster, and with more user-appropriate content.

The Members Group has developed a new tool designed to simplify card portfolio analysis.