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Indonesia’s central bank plans to place stricter limits on credit card issuance to reduce rising consumer card debt in the country.
November 9 -
E-commerce provider Alibaba Group Ltd. reportedly is preparing to expand access to it Alipay online-payments platform to countries outside of China within the next three months.
November 9 -
Chase Card Services is offering an online invoicing and cash-management system for small-business customers using its Ink product, the unit of JPMorgan Chase & Co. announced Nov. 8
November 9 -
Visa Inc. has launched a new marketing campaign in support of its “You and 10 Super Bowl Sweepstakes” that takes more direct aim at consumers through strategic integration with social media websites.
November 8 -
LAS VEGAS—Established payment card networks are well-positioned to continue generating profits over the long haul, as long as they continue adapting to changing payments technology, a panel of investment industry analysts told attendees Nov. 3 at the ATM, Debit & Prepaid Forum. But Near Field Communication-based mobile payments and mobile wallets might fall short of expectations, the analysts suggested.
November 8 -
Square Inc. continues to secure investors, and the latest one is bringing a lance to the table.
November 8 -
Discover Financial Services dropping the foreign-currency fee on its cards, the card issuer announced Nov. 8.
November 8 -
Bank of America Corp. is the second major card issuer to buck a recent smart card trend by structuring its EMV cards for U.S. commercial cardholders traveling abroad with chip-and-PIN technology instead of chip-and-signature.
November 8 -
American Express Co. is setting aside $100 million to partner with Silicon Valley startups.
November 8 -
Bank Kerjasama Rakyat Malaysia Bhd. has launched a credit card balance-transfer scheme that will enable its cardholders to clear the debt they have with other banks and service it with a lower interest rate, the Kuala Lumpur-based issuer announced Nov. 3
November 8 -
Two Chicago Bears football players this week plan to work with Visa Inc. to help teach some Chicago-area students about managing finances.
November 7 -
The global point-of-sale payment terminal market is enjoying a technology boom as manufacturers peering just over the horizon see rampant demand for in-store devices that can accommodate both contactless payments and card transactions authenticated by EMV chip-and-PIN security protocols.
November 7 -
PayPal Inc., a pioneer in alternative online payments, is seeking to stake a new claim in the burgeoning and increasingly congested mobile-payments space, and what sets it apart may be an acquisition that occurred three years ago.
November 4 -
Doxo Inc. has taken a significant step in its mission to remove paper from the bill-paying process by securing AT&T Inc. as a biller offering doxoPAY electronic payments to its customers, the e-payments provider startup announced Nov. 3.
November 4 -
ZirMed Inc. has launched a patient-payment developer kit that software and health care provider vendors may add to their products so hospitals can offer patients online-payment options, ZirMed announced Nov. 4.
November 4 -
Merchants and ATMs across Hungary soon will accept China UnionPay cards under an agreement the card organization and Budapest-based OTP Bank Ltd. announced Oct. 25.
November 4 -
LAS VEGAS–The banking industry has lost the battle against debit interchange regulation several times over, but some executives are still fighting the good fight.
November 3 -
A glimpse of what some say represents the future of payments has arrived, but thus far only in certain geographic areas. With the Card Case smartphone application from Square Inc., consumers pay simply by saying their names at the point of sale.
November 3 -
JPMorgan Chase & Co. is giving its three top credit card program customers several options to redeem points and buy gifts for the holiday season, a move that will “create buzz” for the products and may help spur consumers to move back to using credit cards more often for holiday shopping, analysts say.
November 3 -
LAS VEGAS–Mobile-wallet providers Google Inc. and Isis continue to position their products as more than just payments vehicles to replace plastic cards.
November 3