Payments

One of the first successful adopters of in-store mobile payments and digital rewards, Starbucks plans to launch new initiatives that will expand the company’s loyalty and payment programs across channels.

A pending MasterCard "staged wallet" fee, set to take effect in June, is setting a new tone for the emerging payments landscape.

Capital One Financial Corp. reported that the 30-day delinquency rate and chargeoffs for U.S. credit cards dropped in February, according to a filing with the Securities and Exchange Commission.

Independent sales organizations and agents can use automated clearing house and credit card data to identify the most likely prospects for transaction services, a vendor says.

Apple's Passbook wallet is a blank canvas for developers of mobile payment apps. Some Passbook apps take a conventional approach to payments, and others put a more imaginative spin on what a mobile wallet can be.

U.S. retail credit card chargeoffs reached a six-year low in February as payment rates improved, according to Fitch Ratings.

WASHINGTON – Senate Republicans said this morning they will continue to block a vote on President Obama’s choice to head the Consumer Financial Protection Bureau until the President agrees to change the structure of the fledgling agency.

A new study has found that 70% of all ATM users buy prepaid cards, but just one in 20 credit union members buy their prepaid cards from their credit union.

Diving into data analytics for the card base without expertise-whether in-house or a third party--to accurately assess the findings can leave the credit union with a lot of data and few actionable plans.

Take small steps first, have a long-term focus, and avoid coming up with a lot of data that can't be meaningfully interpreted.

More credit unions need to use data analytics-and get better at using the tools-to drive payments strategies, according to several experts who say the big banks have a huge leg up in this area with credit cards.

The Federal Reserve issued a report saying that even though card issuers reported lower interchange revenues from debit card transactions in 2012 it has no plans to change the rules governing Durbin amendment's cap on swipe fees, as the rules gave it the power to do.

Global Credit Union has launched new branding, including a new logo, a new look in its branches and upgrades to technology used in the lending process.

The predicted "race to the bottom" in PIN network debit interchange rates may have begun, according to one new analysis of debit cards.

Samsung and Visa will likely demonstrate the full potential of their contactless mobile payments alliance at this week’s unveiling of the Samsung Galaxy S IV smartphone.

SOUTH BURLINGTON, Vt. – NorthCountry FCU has signed with IQR Consulting to have IQR’s data analysts review its portfolio performance.

PayPal’s most recent updates to its tools for programmers reflect a desire to simplify the process of integrating with mobile apps and other new channels.

American Express is doing a lot to shed its image as the card for the elite. In recent years Amex has worked with Twitter, Facebook, Foursquare, video game companies and other new partners to win the favor of young adults.

WILLISTON, Vt. – New England FCU has signed with IQR Consulting to have IQR’s data analysts review its portfolio performance.

INDIANAPOLIS – Ely Lilly FCU has signed with IQR Consulting to have IQR’s data analysts review its portfolio performance.