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Higher bank spending helped Fiserv Inc.'s revenue increase 3.3%, to $1.03 billion in the third quarter from a year earlier.

Credit card issuers paid more than $83 million to colleges and educational organizations in 2009 in connection with affinity card programs, according to a Federal Reserve Board report released Monday.

Overnight, the young mobile payment company Bling Nation Ltd. became visible to 4 million smartphone users.

Setting a limit on credit card interest rates could adversely affect several government programs seeking to provide Filipinos with financial services, contends the Bankers Association of the Philippines regarding plans in that country to cap card interest rates.

Ormeno & Associates will offers its merchant clients in Latin America protection against card-not-present fraud under a reseller agreement the Internet-technology consultancy has reached with Retail Decisions Ltd., the London-based card-fraud prevention and payment-processing company announced Oct. 25.

The average charge-off rate on outstanding receivables for the nation’s credit card issuers in September fell sharply to 8.9%, down 113 basis points from 10.03% in August and down 182 basis points from 10.72% a year earlier, Moody’s Investor Service reported Oct. 22.

Discover Financial Services and Toronto-based debit and credit card processor Moneris Solutions Corp. on Oct. 26 announced an agreement that Discover hopes will lead for the first time to broader acceptance of Discover’s cards in Canada.

PayWare Mobile users that have Apple Inc.’s iPhones would be able to accept PayPal funds by bumping their phones with PayPal's users' iPhones under an agreement PayPal Inc. and VeriFone Systems Inc. announced Oct. 26.

Banks continued to demonstrate renewed confidence in their technology-spending decisions during the third quarter, executives of Fidelity National Information Services Inc. acknowledged during a conference call with analysts Oct. 26.

Banking and payments-technology company Fidelity National Information, or FIS, on Oct. 26 reported net income of $134.3 million for the third quarter ended Sept. 30, up 101.7% from $66.6 million during the same period last year. Revenues totaled $1.37 billion, up 65.3% from $828.7 million.

JPMorgan Chase & Co.'s treasury services business announced several new payment services Monday.

MasterCard Inc. has completed its acquisition of DataCash Group PLC.

U.S. Bancorp said it would replace the Kroger Co. cards issued by a Royal Bank of Scotland Group PLC subsidiary next month.

Developing business applications for mobile banking could help banks solve one of the quandaries of the emerging channel: how to make money in it.

Fidelity National Information Service Inc., known as FIS, has completed the conversion of Brazil-based Banco Bradesco’s 14 million bankcards, bringing the total number of cards FIS processes in Brazil to more than 40 million, the Jacksonville, Fla.-based company announced on Oct. 25.

The cyclical recovery in credit card loan performance appears to have punched through seasonal patterns in recent months.

The cyclical recovery in credit card loan performance appears to have punched through seasonal patterns in recent months.

Mobile is taking Manhattan through the latest expansion of Starbucks Corp.’s payment trial.

Online merchants may send PayPal transactions through First Data Corp. under a new payment service the transaction processor and CardinalCommerce Corp. announced Oct. 25.

Small businesses are showing more confidence in the economy, according to new survey data Discover Financial Services released Oct. 25