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Bling Nation Ltd.’s deal with Fifth Third Processing Solutions LLC could give them the entree they need to promote the company’s postage-stamp-sized contactless payment sticker across the country.

Westpac Banking Corp. is deploying 15,000 Hypercom Corp. Optimum-branded point-of-sale terminals as part of a $50 million deal the two companies announced last year (see story), Hypercom announced Oct. 5.

Improved economic conditions in India have boosted the overall payment card usage in India, with debit cards growing significantly faster than credit cards, data from India’s central bank revealed.

Students and staff at The London School of Economics and Political Science may use a single contactless card to access school facilities and make purchases on campus using technology developed by United Kingdom-based electronic funds provider sQuid. The school is issuing the cards to new students, and it will enable existing students and staff to upgrade their older cards by yearend.

ItzCash Card Pvt. Ltd. has become India's first multiservice prepaid company to receive a license from the country’s central bank to operate a mobile wallet, a spokesperson for the Mumbai-based company tells PaymentsSource.

A settlement involving the top two payments networks over their merchant acceptance policies gives retailers more clout to promote the use of cheaper cards, but an analyst doubts many businesses will change their practices.

Citigroup Inc. wants to grow its payments revenue by helping other businesses grow theirs.

Looking to boost resources to meet an expected spike in demand for mobile financial services, ClairMail announced a $13.9 million infusion from VCs including Investor Growth Capital (IGC), a Stockholm firm that specializes in growth-stage tech firms.

MasterCard Worldwide and Visa Inc. announced Oct. 4 that they have settled an antitrust lawsuit filed by the Department of Justice against both companies regarding payment network rules that prohibit so-called merchant steering, in which merchants steer consumers towards using less-expensive card products for payment.

First Data Corp. says its TransArmor data-security services will be made available to more than 350,000 merchants that process with Bank of America Merchant Services, a joint venture between the Atlanta-based payment processor and Bank of America Corp.

Akamai Technologies Inc. says its new Edge Tokenization service pushes sensitive transaction data away from vulnerable online merchants payment networks.

The National Bank of Rwanda has set guidelines for mobile-phone payment systems in that country, according to a notice on the institution’s website.

MasterCard Inc. settled a lawsuit Monday, the same day it was filed by the Department of Justice, regarding payment network rules that prohibit so-called merchant steering.

Datacard Group has announced the purchase of the instant-issuance software provider Dynamic Card Solutions LLC.

When a fraudster is successful, you know it. It is much harder to know when the fraudster has tried and failed.

Bank of America Corp. is to supply purchasing cards and electronic payments services to the Irving, Texas, health-care network VHA Inc.

Western Union Co. expects a rebound in international migration to drive expansion of the company's core cash transaction operations, according to Bloomberg News.

Mobile banking and melding credit union cultures following mergers will be two of the most pressing issues facing the movement in the coming 12 months.

Physicians and other health care providers in Germany will have the opportunity to accept payment cards and process claims with the same payment terminal under an agreement in which First Data Corp.’s TeleCash unit will market Hypercom Corp.’s medHybrid payment and a-Health card terminal, the Scottsdale, Ariz.-based terminal maker announced Sept. 29.

The global market for network-branded payment cards continues to grow at a healthy rate, as the number of cards issued worldwide in 2014 will exceed 10 billion, up from 7.4 billion in 2009, new research suggests.