Payment cards

How two CUs of differing asset sizes brought card processing in-house to boost efficiencies and reduce costs.

Curve argues that as the number of cards in its app increases, the chances of choosing a wrong card for a payment become greater.

Until now, Amazon's moves seemed like cautious pokes at the deeply ingrained habit of going to a store and paying with a plastic card. Furthermore, any competitors may have seen Amazon's lacking retail store presence as a buffer that kept them at least temporarily safe from the same fate that befell the bookselling world. How naive they were.

There are signs the economic cycle is at its peak, which could hurt card portfolios going forward. Improved security could help, writes Madeline Aufseeser, CEO of Tender Armor.

Apple’s announcement of its upcoming launch of P-to-P capabilities was no surprise. But the details should come as a shock to many of the banks that have bent over backwards to support Apple Pay on Apple's strict terms.

Contactless cards are becoming the global standard for most markets except in the U.S., where tap-to-pay card distribution lags far behind the rest of the world, according to the Smart Payment Association (SPA), a Munich-based organization that tracks global card manufacturer data.

U.S. payment companies frustrated by Chinese regulations blocking direct access to its vast consumer market could get a break under the terms of a new U.S.-China trade deal.

Using mobile apps to control payment cards has become a popular security option among issuers.

The card network and the aid organization have also worked together in China and Myanmar.

The plastic card is an aging tool in payments, but there's still room for innovation in its design and features. Here are a few new concepts that favor technology and style as differentiators.

The move will help consumers directly authorize payments to third parties without providing the physical card or full account details.

Jack Henry will be able to provide full-service credit and debit card processing to all existing core bank and credit union clients on a single platform.

Mastercard is trying very hard to get people to use "Masterpass" as a verb, and there is more to this mindset than promoting the card network's digital wallet.

Virtual cards are starting to gain ground, and WEX sees a big opportunity in hotel chains' need to beef up security.

Mastercard has promoted longtime executive Ed McLaughlin to president of operations and technology, where he will oversee all of the card network’s technology functions.

The widespread use of fingerprint authentication in mobile devices has made many consumers comfortable with the technology. So is Mastercard's test of a biometric payment card a case of plastic catching up to a modern tech trend, or is it instead dragging biometrics back in time?

As the smartphones become ATM cards, a new set of security risks emerges. Thorough ID protection is necessary to keep no-card ATMs secure.

Payments volume and cross-border business helped drive the strong performance.

Final is a combination of a virtual and plastic card that brings an 'as-a-service' model to card issuance.

The software allows chip card terminals to be operable much faster than with full certification. In other markets outside the U.S., semi-integration is widely used.