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Western Union Co. has struck a deal that will make it a competitor, but also a potential partner, for banks trying to capture a bigger chunk of the business payments market.

To encourage online shopping, which faces resistance in India because of security concerns over using credit cards online, Axis Bank Ltd. has launched an e-Wallet card, the India-based announced June 29.

In an unintended consequence of the newly revised federal rules on cybersecurity, banks are likely to fare much worse in lawsuits over fraud losses.

To make health care transactions more transparent and simpler, Qatar is making the use of bankcards for the payment of health care bills mandatory at its hospitals and clinics.

Discover Financial Services’ shares fell as much as 3% July 1 after disclosing that the Federal Deposit Insurance Corp. is reviewing its marketing of payment-protection and other fee-based products.

American Express Co. has inked sponsorship deals designating its brand as the official card of two major entertainment venues and three professional teams, the company announced June 30.

The Federal Deposit Insurance Corp. is reviewing Discover Financial Services’ marketing of payment protection and other fee-based products.

Call it cash-back rewards for credit card lenders.

Call it cash-back rewards for credit card lenders.

Online and mobile-payment startup Dwolla Corp. has been building a payment network called Grid that company executives believe to be more secure than MasterCard Worldwide’s and Visa Inc.’s card networks.

Bill-payment processor Tio Networks Corp. is making headway with its mobile bill-payment application.

In its first major play to connect its mobile-payments service with social media, Starbucks Coffee Co. on June 30 unveiled a mobile-payment application it developed in-house that consolidates the features of previous apps with links to enable users to send Starbucks gift cards via Facebook.

States’ efforts to rein in fly-by-night companies are starting to have an effect on some payments startups’ operations.

The marketplace is beginning to take shape for mobile card readers with the June 29 disclosure that VeriFone Systems Inc. plans to introduce a card-reading accessory for tablet computers this year.

Those attending the 2012 London Summer Olympic Games may find paying for their cab rides will be a bit quicker and easier.

Technology vendor Fiserv Inc. is making a bold move to bolster its digital payments arsenal by shelling out $465 million to buy the smaller technology company CashEdge Inc.

MasterCard Worldwide has moved forward in its efforts to become a bigger player in Chinese payments industry under a new agreement with China UnionPay, the country’s national bank card association.

WASHINGTON — The Federal Reserve Board on Wednesday suggested raising the debit interchange fee cap to 21 cents per transaction, but it gave banks a little bit of leeway to charge even more if they meet certain fraud prevention standards.

Bank of Maharashtra Ltd. became India’s newest credit card issuer on June 28 when it announced a partnership with State Bank of India Ltd.

VeriFone Systems Inc. continues to gain momentum in the contactless-terminal market for taxis is the Asia-Pacific region, signing a contract to supply 15,600 contactless payment terminals to the largest taxi fleet in Singapore.