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Debit / Credit News & Media

JCBI, Sri Lankan payments network to launch national card scheme

June 27, 2017

Sri Lanka's payments network, Lanka Clear — which is jointly owned by the nation's central bank and commercial banks — has announced a strategic partnership…

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Visa promises cashless (but not ATM-less) experience at FIFA event

June 14, 2017

Visa will deploy 1,600 point-of-sale terminals and 120 mobile concessionaires throughout the stadium concourses for the FIFA Confederations Cup 2017 to be held…

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EMV cards in circulation worldwide top 6B

June 5, 2017

Official figures from aggregated data published by technical body EMVCo show that, by the end of 2016, the number of EMV payment cards in global circulation…

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Payment card use sees double-digit global growth in 2016

May 19, 2017

Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.60…

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Millennials likely to bail on banks, card companies in case of false declines

May 12, 2017

Iovation, a provider of device-based consumer authentication and fraud prevention solutions, has released findings from its study of the effects of false…

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JCB card access comes to ATMs, POS terminals across India

May 9, 2017

The National Payments Corp. of India and JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd., have implemented acceptance of…

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ACI Worldwide expands relationship with Alipay

May 5, 2017

ACI Worldwide, a global provider of real-time electronic payment and banking products, has expanded its relationship with Alipay to enable merchants across…

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MEA sees double-digit growth of cards in circulation

May 5, 2017

The number of cards in the hands of consumers in the Middle East and Africa increased 13 percent in 2015, making it the world's fastest growing region…

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MasterCard qualifies personalization validation tool from FIME, Barnes

May 4, 2017

FIME and Barnes International have announced that their jointly developed personalization validation tool has been qualified against the latest Mastercard PVT…

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Russian hacker gets 27-year sentence for payment card data theft

April 25, 2017

It is notoriously difficult to extradite Russian hackers to face trial in the U.S. It was the misfortune of one Roman Seleznev, 32,  of Vladivostok, Russia, to…

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Study: Credit transaction amounts fall — along with cash use

April 14, 2017

Consumers are increasingly using credit cards to pay for small transactions, according to a new CreditCards.com survey.

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TMG technology simplifies chip card inventory management

March 16, 2017

Payments processor TMG has launched a new web-based tool to help credit unions and community banks better manage their plastic card stock, according to a press…

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Card payments continue to gain ground in UK

March 7, 2017

Brits spent 647 billion pounds ($853 billion) using payment cards last year compared with 620 billion in 2015, according to new data from the U.K. Cards…

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CPI fails to invalidate Gemalto EMV chip card patent claims

December 5, 2016

The U.S. Patent and Trademark Office has denied CPI challenges to the validity of several claims of U.S. Patent No. 5,944,833, which is owned by Gemalto and…

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MasterCard to use AI for fraud detection

December 2, 2016

MasterCard has introduced Decision Intelligence, which the company described in a press release as a comprehensive decisioning and fraud detection service. The…

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Payment card acceptance sees sizable uptick in 2015

November 29, 2016

The number of card-accepting merchant outlets worldwide rose more than 7 million in 2015 to 54 million, according to "Global Payment Cards Data and Forecasts…

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6-digit IIN is out; 8-digit IIN on the way

November 22, 2016

The standard behind the issuer identification number used on many personal cards, for example credit cards, is changing, according to an ISO press release.

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In the US, bankcard use to continue steady ascent through 2020

November 11, 2016

Credit, debit, and prepaid cards issued in the United States initiated 104.41 billion purchase transactions in 2015, up 8 percent from the previous year…

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Worldwide increase in bank accounts boosts card numbers

November 3, 2016

The Middle East and Africa and Asia-Pacific were the fastest-growing regions for payment cards in 2015, with card numbers up 13 percent and 10 percent…

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FIs get a sharper view of card portfolio performance with SmartLook

October 20, 2016

Payment solutions provider TMG has launched or enhanced several data analytics solutions for its credit and debit card-issuing clients.

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