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Two analysts upgraded MasterCard Inc. shares to "outperform" Tuesday, a day after the payments network said that it had not seen any drop-off in its processed volume growth rate in August.
September 10 -
TD Retail Card Services, a Mahwah, N.J., private-label card unit of Toronto-Dominion Bank, has acquired a credit card program from Circuit City Stores Inc.'s InterTAN Canada Ltd.
September 10 -
The San Francisco company's payment volume grew about 10% last month from a year earlier, Mr. Pollitt said Tuesday during a presentation to analysts. There was "no material change" from its growth in spending and cash advances for March through July.
September 10 -
SunTrust Banks Inc. has linked its debit and credit card loyalty programs to Vesdia Corp.'s merchant loyalty network.
September 10 -
City National Bank in Beverly Hills has extended its marketing relationship with U.S. Bancorp's Elavon Inc. by five years.
September 10 -
JPMorgan Chase & Co. is trying to replace some travelers checks by offering software that can create U.S. dollar-denominated prepaid cards for Indians traveling abroad.
September 10 -
New York Attorney General Andrew Cuomo said he has reached settlements with seven student lenders over the methods they allegedly used to market loans directly to consumers.
September 10 -
This fall the House Financial Services Committee is finally expected to release its regulations for the Unlawful Internet Gambling Enforcement Act, which was signed into law in 2006; banks are anxiously awaiting clarity on a number of fronts, particularly what will entail illegal gambling and what happens if they mistakenly block legal transactions.
September 10 -
Procrastination is an affliction that can strike even the finest of bankers. And just like the student scribbling algebra homework on the bus ride to school, many bankers are going to be scrambling over the next month-and-a-half to get compliant with the U.S. FACT Act Red Flags rule.
September 10 -
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A Seattle start-up has developed a mobile phone shopping service that uses standard browsers and text messaging to deliver orders and payment card information.
September 9 -
Glass City Federal Credit Union has agreed to use instant card-issuing technology from Dynamic Card Solutions LLC to create debit cards.
September 9 -
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