Debit / Credit News & Media
Report projects healthy growth for smart card shipments
June 27, 2016
Smart payment card unit shipments are forecast to grow from an estimated 2.5 billion in 2015 to almost 3.4 billion in 2020, according to new research from IHS…
read nowDiscover joins major card brands with Quick Chip offering
June 24, 2016
Discover has followed the rollout of Visa, MasterCard and American Express Quick Chip programs with its release of Discover Quick Chip. The technology…
read nowFime achieves UnionPay card manufacturer certification
June 23, 2016
Fime has announced that its French and Taiwanese test laboratories have become the first international centers to be accredited by UnionPay to perform card…
read nowInterchange fee regs, mPOS likely to drive increased card use in Europe
June 20, 2016
At the end of 2014, payment cards were accepted at 15 million EFTPOS terminals in 10 million outlets in Europe.
read nowFime accredited by JCB for EMV migration, certification support
June 16, 2016
Fime has become the first testing provider accredited by JCB to support issuing banks with their JCB EMV migration and certification projects.
read nowAmEx latest card network trying to make EMV transactions quick
June 16, 2016
American Express is the latest card network putting its best foot forward to try and reduce U.S. EMV transaction times with a software update at the physical…
read nowChina opens to foreign card brands, promises fair play with UnionPay
June 14, 2016
China has issued new rules that could finally give the major card brands their long-sought foot in the door to an $8.4 trillion (and growing) card market.
read nowWal-Mart Canada cans Visa for 'unacceptably high' fees
June 13, 2016
On Saturday, Wal-Mart Stores Inc announced plans to stop accepting Visa credit cards at its stores in Canada due to fees that the retailer deems "unacceptably…
read nowNew study hangs price tag of nearly $11B on US card fraud
June 9, 2016
LexisNexis Risk Solutions has published a new study, "Issuers Confront Application Fraud and Account Takeover in a Post-EMV U.S.," that assigns a dollar value…
read nowUL VIS 1.6.1 functional test suite gets OK from Visa
June 3, 2016
The UL Visa VIS functional test suite has been qualified for Visa VIS 1.6.1 and can now be used to support card type approval testing, according to a news…
read nowUAE's Rakbank to debut contactless EMV payment cards
June 2, 2016
Rakbank, a UAE-based financial institution, has teamed with Gemalto for its migration to contactless EMV payments. According to a press release, Gemalto will…
read nowJCB strikes deal with Chinese travel agent for prepaid travel card
May 31, 2016
JCB International Co. Ltd., a subsidiary of JCB Co. Ltd., has struck a license agreement to issue prepaid bankcards (i.e., "electronic travel checks") for use…
read nowMasterCard urges industry collaboration to speed up EMV transactions
May 26, 2016
MasterCard is working with other acquirers, processors and payments networks on a standard to shorten checkout times for EMV transactions, according to a…
read nowStudy: Plastic poised to cut cash use in central, eastern Europe
May 25, 2016
Central and eastern Europe could see a significant increase in bankcard use, as consumers begin to follow their western European counterparts in moving from…
read nowVocaLink inks deal for UnionPay acceptance at ATMs in UK, Europe
May 17, 2016
VocaLink, an international payment systems provider, has struck a five-year deal with UnionPay International that will allow UnionPay cardholders to withdraw…
read nowAussie bank ANZ enables ATMs for UnionPay chip cards
May 13, 2016
Australian bank ANZ has claimed a first with its acceptance of China UnionPay EMV cards at its ATM and POS terminals across nine countries in the Pacific.
read nowFrench consumers blasé about mobile wallets, contactless cards
May 10, 2016
France has the lowest card penetration in Western Europe, with less than one payment card in circulation per person, according to research firm Verdict…
read nowMasterCard joins Visa in effort to speed up EMV transactions
April 28, 2016
MasterCard has unveiled M/Chip Fast, an application based on the company's existing technology and intended to help speed EMV transactions and shoppers through…
read nowVisa intros solution to speed up EMV transactions
April 21, 2016
Visa Quick Chip allows customers to dip and remove their EMV chip card from the terminal, typically in two seconds or less, without waiting for the transaction…
read nowUL tool for EMV personalization validation earns AmEx qualification
March 28, 2016
UL says that its EMV personalization validation tool enables testing for AEIPS and ExpressPay chip cards.
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