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  • Some card companies use sports sponsorships to generate loyalty among cardholders, but they also are good vehicles to try out new products, one consultant contends.

    July 6
  • The Delhi Metro Rail Corp. has teamed with Delhi Cycles Pvt. Ltd. to launch a service to enable commuters in Delhi to use reloadable smart cards to rent bicycles at some of its stations, an official from the Delhi metro operator tells PaymentsSource.

    July 6
  • Bank of America Corp. has shown steady growth in its online-banking and bill-pay segments over the past five years, PaymentsSource data show. The number of BofA accounts in which customers bank online as of March 31 was 29.85 million, up 129% from the 13.05 million five years earlier. Meanwhile, accounts used to pay bills online rose by 141%, to 15.08 million from 6.26 million.

    July 6
  • Two new e-wallet services from Visa Inc. are aimed at making the payments company the focus of online shopping — even if a Visa card is not.

    July 6
  • The Payment Card Industry Security Standards Council has removed two Ingenico S.A. PIN pads from the list of approved PIN-entry devices following reports they are susceptible to breaches.

    July 2
  • PSO content

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    July 2
  • SCRANTON, Penn. – NET FCU has selected Bluepoint Solutions’ ImagePoint Teller Capture and Receipt Manager solutions.

    July 1
  • Bling Nation Ltd. has struck a partnership with PayPal Inc. that could help the mobile payments network operator expand beyond its hyperlocal business model.

    July 1
  • FICO, formerly called Fair Isaac Corp., has expanded its relationship with Middle East and Africa sales partner PIC Solutions to include the insurance and retail sectors, the financial services company announced Wednesday.

    July 1
  • The rise of small card-not-present transactions for virtual goods and other online services is helping to fertilize runaway growth of micropayment-based card-fraud schemes, at least one consultant contends.

    June 30
  • PSO content

    Emerging technologies are starting to change the physical characteristics of campus cards. Universities and colleges are trading in plastic campus cards for contactless stickers, which still offer students the same benefits as physical cards without the hassle of adding another card to their wallet.

    June 30
  • Two payments companies, BluePay Processing LLC and Trustwave, separately last week announced new encryption services for merchants.

    June 30
  • The Federal Trade Commission on June 28 asked a federal court to halt an international identity-fraud scheme that it says generated more than $10 million in fraudulent micropayment charges on U.S. consumers’ credit and debit cards.

    June 30
  • Infinite Campus Inc. announced on June 28 the launch of Campus Cafeteria Serve, a point-of-sale food-service program, and an electronic payments-processing feature called Campus Online Payments, which will be available in July. The student-information systems provider designed the programs to enable grade schools with classes kindergarten through the 12th grade to automate food services and school-fee payments.

    June 30
  • PSO content

    Users of the M-Pesa service in Kenya may now withdraw money from Diamond Trust Bank ATMs through a partnership between the bank, ATM operator PesaPoint and telecommunication operator Safaricom, according to Diamond Trust.

    June 29
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    Translink plans to give away 400,000 Go Cards to commuters in the Australian state of Queensland containing a free credit of AU$10 ($US9 or 7 euros) to encourage use of the transit card, the Brisbane-based transport operator said.

    June 29
  • Consumer confidence fell sharply in June after rising for three consecutive months, The Conference Board Inc., a New York-based research organization, reported June 29.

    June 29
  • PSO content

    As transit authorities nationwide are toying with open-network electronic fare-collection systems, mobile-payments company mPayy Inc. is making a bid to become the provider for the Chicago Transit Authority’s proposed payment scheme.

    June 29
  • MILWAUKEE – Guardian CU said yesterday it has deployed VSoft's ASP platform, VServe, to handle branch item capture, image exchange and research/archiving of its images.

    June 28
  • SACRAMENTO, Calif. – The Golden 1 CU said yesterday it has introduced an iPhone and iPad application for its mobile banking.

    June 28