Credit

ANZ Bank Ltd. on Nov. 15 launched the ANZ Rugby World Cup MasterCard credit card, marking the country’s first contactless “tap and go” credit card.

Illinois Attorney General Lisa Madigan filed a lawsuit last week against Omega Business Center, a Chicago-based business, claiming it bilked consumers out of an estimated $300,000 for debt relief services it never provided.

ACA International announced Tuesday that it did not renew longtime CEO Rozanne Andersen's employment contract and has replaced her effective immediately.

AT&T Inc., T-Mobile USA Inc. and Verizon Communications Inc. on Nov. 16 unveiled Isis, their long-rumored mobile payments joint venture that will route contactless transactions over Discover Financial Services’ network.

Citigroup Inc. said it has agreed with rDialogue LLC to offer its clients consultancy services in order to bolster its retail rewards card programs.

Verizon Wireless, AT&T Inc. and T-Mobile USA will unveil more details on their joint venture to create a mobile payment network, which will be financially backed by Barclays PLC and Discover Financial Services, as soon as Tuesday, according to people familiar with the situation, Dow Jones is reporting.

Annual interest rates on national merchants’ private-label credit cards are on the rise, suggest the results of a recent study from U.S. Rep. Anthony Weiner, D-N.Y.

Total credit card receivables in Hong Kong grew by 10.9%, to HK$78.2 billion (US$10.8 billion and 7.4 billion euros) at the end of September from HK$70.5 billion a year earlier, the Hong Kong Monetary Authority recently reported.

In detecting merchant fraud, sometimes less is more.

Ixaris Systems Ltd. announced three payment applications Friday for its Opn platform.

American Express Co. is making its presence known to online shoppers well before the checkout page.

Citibank Korea has begun offering a suite of credit card services for consumers from overseas countries living in South Korea, the bank announced earlier this month.

American Express Co. and Sberbank Ltd have reached an agreement enabling Russia’s largest bank to issue AmEx cards beginning early next year, the companies announced Nov. 11.

Eight universities have selected U.S. Bancorp to help enhance their campus identification card programs for students, faculty and staff, the Minneapolis-based issuer announced Nov. 9.

Alliance Data Systems Corp. this week announced it has signed a long-term agreement to provide private-label credit card services for American Laser Centers.

Like a mother who hides her child's vitamins in the cereal, USAA Federal Savings Bank is disguising new technology through old-fashioned, face-to-face service.

Passcode-generating payment cards have faced years of resistance by U.S. banks, but Gemalto NV bets that, by putting its own brand behind the technology, it can make a difference.

PayPal Inc. has launched a Hebrew-language version of its online payment website for Israeli customers.

VantageScore Solutions LLC in January will provide U.S. lenders with a major update of its credit-scoring model, this time using an unprecedented number of consumer credit files to more accurately reflect borrower risk following the economic downturn, the company recently announced.

PayPal Inc.’s impending move into face-to-face transactions enabled by VeriFone Systems Inc. mobile point-of-sale terminals has the eBay unit developing a reseller program, Laura Chambers, PayPal senior director of mobile, tells PaymentsSource.