Credit

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.

Oman’s BankDhofar has launched a promotion in which 25 credit cardholders will win back an entire purchase initiated with their cards, the bank announced Nov. 6.

More than half of the nation’s largest financial institutions offer mobile-banking services, which continue to evolve from being an extension of online banking to supporting person-to-person funds transfers and other payment capabilities, according to a new report from First Annapolis Consulting Inc.

USA Technologies Inc. generated $4.4 million in total revenue during its fiscal first quarter ended Sept. 30, up 15.8% from $3.8 million during the same period last year, the provider of wireless payment acceptance announced Nov. 10. The company reported a net loss for the quarter of $1.9 million, an improvement from the $2.9 million loss a year earlier.

NetSpend Holdings Inc. says it would not shy away from offering new credit products to its prepaid card customers despite regulators clamping down on its largest issuer.

U.S. consumers’ average credit card debt fell by 7% through the first 10 months of the year, while average credit scores in recent months stabilized, according to new data Credit Karma released Nov. 10.

A recent partnership involving PaymentVision and PayNearMe Inc. is enabling consumers to use cash to pay for online purchases and bills at 7-Eleven Inc. convenience stores, PaymentVision, a Gaithersburg, Md.-based electronic payment services provider, announced Nov. 8.

Discover Financial Services is offering extra cardholder benefits for the holiday season, the company announced Nov. 10.

Amalgamated Banks of South Africa Ltd. is partnering with card-technology provider Oberthur Technologies to issue a prepaid card supported by MasterCard’s PayPass contactless service.