Credit

Zil Bareisis knows all too well why the British government is considering a ban on credit card surcharges that shock consumers purchasing tickets or products online.

In the realm of payment card data security, 2011 qualifies as the year in which “more” became a key term on many levels.

Banks are starting to take a closer look at the Foreign Account Tax Compliance Act, though its rules do not take effect until 2013.

Developing systems to help doctors expand patient-payment channels–including accepting more credit and debit card payments–is a big challenge. But educating medical office staff and patients on how such systems work may be the toughest part of introducing new health care payment technology.

When Anthony Salas counted the number of point products and services that Anchor Bank was managing to drive its information-technology infrastructure, the number was far more than a dozen.

A Chinese ministry wants to cap the fees associated with accepting credit cards now that card penetration and spending in the country has made it financially feasible for card issuers and the country’s card network to support the limits.

The ongoing battle between low-cost airlines and the United Kingdom government over card surcharges reached a climax Dec. 23 when the country’s Office of Fair Trading announced plans to ban what it considers to be excessive fees across different travel and entertainment channels.

You scratch my back, I'll scratch yours.

NerdWallet is predicting that in 2012 credit unions will focus primarily on pushing auto loans while banks put their efforts into shedding unprofitable customers.

How wide should credit card lenders open the gates to borrowers after slamming them shut during the recession when losses soared? It depends on their analytics.

Early next year, SBI Cards Pvt. Ltd. plans to send customized statements to help its credit cardholders to control their card-spending patterns by having more information.

A Northern Michigan gas-station owner wanted to give his cash-paying customers the freedom to fill their cars’ tanks first, then pay. But when dishonest drivers skipping the payment process became a problem, he decided to take a different approach.

After the sale of U.S. Central Federal Credit Union’s electronic banking services to Co-op Financial Services, National Credit Union Association on Dec.22 said it will move forward with plans for an orderly wind-down of the other U.S. Central services in 2012.

Call eBay Inc.'s new acquisition the German version of Bill Me Later.

What’s good for the goose is good for the gander when it comes to credit card portfolio sales these days.

Cobranded cards, which fell out of favor somewhat when the consumer losses soared during the recession, are poised for a rebound, if First National Bank of Omaha’s plans are any indication.

Bank of America Corp. on Dec. 21 sold $700 million in credit card assets to U.S. Bancorp in the struggling Charlotte, N.C., company’s latest effort to slim down.

India’s largest private credit card issuer ICICI Bank Ltd. has launched a credit card for its premium customers that includes two, separately branded cards linked to a single line of credit, the Mumbai-based bank announced Dec. 20.

Myriad payments companies this year created presence on such social media sites as Facebook and Twitter. But while it was important to roll with the times, the effort may not help to create long-term loyal customers.

The Thai government is providing credit cards to low-income taxi and passenger-van drivers affected by an increase in the price of the natural gas they use to fuel their vehicles.