Debit fee cap set too high, U.S. district court judge rules

July 31, 2013

A judge for the U.S. District Court in the District of Columbia sided today with retailers who claimed that the Fed had set the debit transaction fee cap…

NIB Bank calls on Euronet Pakistan for debit, prepaid card solutions

July 30, 2013

Euronet Pakistan and NIB Bank Ltd. have signed an agreement under which Euronet will provide outsourced services for the bank's MasterCard and Visa EMV debit…

Americans cavalier about PIN protection

July 24, 2013

Alaric, an international provider of fraud prevention and payment processing solutions, recently published survey results revealing that nearly half (4…

Discover to power new debit program for Old Second

July 22, 2013

Old Second National Bank, a 140-year-old community bank in the Chicago, has teamed with Discover to create the a debit card program powered by Discover Debit.

Discover, Allpoint partner up

July 22, 2013

Surcharge-free network operator Allpoint Network, an affiliate of Cardtronics, and Discover Financial Services, the owner of the Discover card brand, have…

EU drafts plan for interchange fee cap

July 17, 2013

The European Union might be closer to adopting its own Durbin-esque caps on network interchange fees that "restrict competition as they inflate the cost of…

BankDhofar teams with G&D on instant issue EMV cards

July 16, 2013

BankDhofar, based in the Sultanate of Oman, has selected the Convego System from Giesecke & Devrient for instant issuance of EMV-enabled debit cards. This…

The war on cash

It's more like a war on choice.

Study: Debit issuers adjust to 'New Normal'

July 15, 2013

Financial institutions are feeling the pain of debit interchange restrictions imposed by the Durbin Amendment to Dodd-Frank; the question is where they fall on…

'Er, what's an ATM?'

July 8, 2013

As incredible as it seems, 11 percent of Brits do not know what an ATM or cash point is. Can they all be football hooligans who've been knocked on the head…

Myanmar's ATM cardholder numbers remain low

July 3, 2013

ATMs are back on line in Myanmar after a hiatus of several years, but the number of users remains low, according to the Central Bank of Myanmar.

Cards save everyone money ... apart from consumers!

by Ron Delnevo — Chairman, Cash and Card World

The vested interests that push for more card use — Visa and MasterCard — can afford to field a vast array of advocates.

MasterCard OKs Collis test tool for contactless NIV

June 21, 2013

The Collis Brand Test Tool, developed by the UL transaction security team, has passed qualification by MasterCard for contactless network interface…

Indonesian service bureau chooses Datacard inline solution for smart cards

June 18, 2013

Datacard Group, a provider of solutions for secure ID and card personalization, has announced that its inline Datacard MX6000 card issuance system has been…

Visa sues Walmart to prevent another anti-trust action

June 14, 2013

The back-and-forth battle between the card associations and retailers who accuse them of rate-fixing is beginning to look like a tennis match — with a score…

Interswitch spins off core divisions to encourage growth

June 10, 2013

Pan-African integrated payment processing and transaction switching company Interswitch Transnational Holdings has announced the spin-off of its two core…

Collis brand test tool integrates with Visa chip compliance reporting tool

June 10, 2013

UL Laboratories has announced that the Collis brand test tool developed by the UL transaction security team is now integrated with the Visa chip compliance…

Study: The Mexican payment card market

June 7, 2013

After a decade of lackluster growth, Mexico — the second largest market in Latin America and the 14th largest global economy — has shown strength for two…

Barclaycard, Diners Club strike up partnership

June 6, 2013

Barclaycard Global Payment Acceptance and Diners Club Intl., a business unit of Discover Financial Services, have signed a joint agreement to allow the…

China to MasterCard: No renminbi transactions

June 5, 2013

The People's Bank of China has told MasterCard that it may not process cross-border transactions in renminbi, and has told online payment platform EPayLinks…