Debit / Credit News & Media
TMG expands into advisory services for credit card portfolios
November 30, 2017
Credit card agent issuer TMG Financial Services has announced that it will create an advisory services product suite to offer credit card teams at financial…
read nowBrits keen to use contactless payments for larger purchases
November 28, 2017
Nearly half (48 percent) of U.K. shoppers would like to customize their contactless card transaction limit or, at least would like to have the option to do so…
read nowCyberfraud 'a worrying trend' in UK; 5M cards canceled in 1 year
November 28, 2017
Ten percent of U.K. adults (approximately 5 million people) have canceled a payment card within the last year due to attempted cyberfraud, according to a new…
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How Brits got easy ATM access — and could lose it just like that
by Ron Delnevo — Chairman, Cash and Card World
IADs in the UK have always fought an uphill battle. The fight will become harder still — in fact, hopeless for some — if the banks that own the Link ATM…
read nowCashless payment just the ticket for global public transit, Visa says
November 16, 2017
Visa has announced plans to take a sizable bite out of cash with Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit…
read nowPSCU welcomes 4 FIs back to the fold for ATM, card processing services
November 16, 2017
PSCU has announced that four credit unions have returned to the credit union service organization as member-owners. The four have signed agreements with PSCU…
read nowMaestro, Electron give way to MasterCard, Visa in Europe
November 10, 2017
Bankcard issuers in Europe are upgrading cards from Maestro and Electron — particularly debit cards — to MasterCard and Visa, taking advantage of the wider…
read nowBiometric payment cards an emerging frontier in banking security
November 7, 2017
The presence of biometric technologies in banking applications is steadily increasing, and embedded fingerprint sensor payment cards are the latest innovation…
read nowCo-op mobile updates mobile app with Touch ID, push notifications, scheduled transfers
October 24, 2017
Co-op Financial Services has announced Mobile Banking 3.0, introducing new features to the CUSO's mobile banking product line.
read nowMasterCard, The Clearing House strike tokenization deal
October 20, 2017
In an agreement with MasterCard, The Clearing House will provision and manage MasterCard-branded tokens on behalf of banks. The agreement paves the way for The…
read nowAnother reason why cash matters: Charity
October 19, 2017
The switch to contactless cards in the U.K. comes at a cost to the beneficiaries of charity, a new study shows. Nearly 2 in 5 adults polled in the study said…
read nowAs digital payments volume rises, cash remains in mainstream
October 9, 2017
Global digital payments volumes will increase by an average 10.9 percent through to 2020, reaching nearly 726 billion transactions, according to the World…
read nowMasterCard launches advanced alerts for at-risk card accounts
October 5, 2017
MasterCard has launched Early Detection System to provide issuers with an advanced alert for cards and accounts at a heightened risk of fraudulent use based on…
read nowBlackhawk Network acquires CashStar to expand digital gift card offerings
September 5, 2017
Blackhawk Network, a global financial technology company, last week acquired digital gift card provider CashStar for $175 million.
read nowFiserv touts tablet-based tech for instant-issue bankcards
August 30, 2017
Fiserv Inc. recently announced the launch of its Instant Issue Advantage wireless tablet solution, a branch-based system that puts activated, ready-to-use…
read nowPayment card count tops 14B; UnionPay extends lead over Visa, MasterCard
July 20, 2017
The number of payment cards worldwide increased 8 percent in 2016 to a total of 14 billion — 1 billion of which were issued in the space of one year. By 2022…
read nowPayPal to issue Visa cards in Europe
July 20, 2017
Visa and PayPal have extended their strategic partnership to Europe.
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The war on plastic
by atm Atom — blogger, atmatom
Initially hailed as innovative, it appears that Visa's 'war on cash' is in reality a war on merchant profitability and customer payment choice. However, a 'war…
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With 'cashless challenge,' Visa puts its own interests ahead of consumers'
by Mike Lee — CEO of the ATM Industry Association, ATM Industry Association
Last Wednesday, Visa distributed a press release touting its "Cashless Challenge" campaign in the U.S.
read nowCiti Pay arrives in the US
July 6, 2017
Citi MasterCard credit customers in the U.S. can now begin using Citi Pay, the mobile tap-and-pay service the bank first announced in November.
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