Debit / Credit News & Media
U.K. credit card spending expected to drop
May 12, 2010
A recent report expects credit card spending to drop this year in the United Kingdom. According to an article on The Thrifty Scot, spending figures in the U.K.
read nowMailed credit card offers increase in first quarter
May 12, 2010
Despite the recession, credit card companies have increase their mailed offers in the first quarter of 2010. According to an article on…
read nowU.S. Bank redrafts overdraft policies
May 12, 2010
U.S. Bank has redrafted its overdraft policies, now offering a reduced fee of $10 for transactions of $20 or less drawn on negative balance accounts. The…
read nowiPhone now a credit card terminal
May 11, 2010
Apple has just approved an accessory that can turn a user's iPhone into a credit card terminal. According to The San Francisco Chronicle, one accessory is…
read nowCanada gets first fully EMV chip-and-PIN-certified card payment system
May 10, 2010
YESpay International Ltd. has completed the EMV certification of its EMBOSS card payment service with Chase Paymentech as the first fully-hosted EMV…
read nowSkimmers and no-swipe cards
May 10, 2010
As no-swipe cards make credit card purchases more convenient for consumers, they also make them susceptible to new tricks from skimmers. According to a story…
read nowFed reports credit card debt declining and consumer credit rising
May 9, 2010
A recent study from the Federal Reserve Board reports an overall increase in consumer credit. According to an article on credit.com, the Fed said consumer…
read nowCongress debates curbing credit card fees
May 9, 2010
Part of the Wall Street reform bill being debated by Congress includes regulations on how much credit card companies can charge businesses for "interchange…
read nowFiserv processor back online
May 9, 2010
On Friday afternoon, financial institutions using the Fiserv EFT debit card processing system had a server malfunction preventing debit card purchases.
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Report: Debit card use on the rise
For the first time ever, MasterCard's U.S. customers have spent as much with their debit cards as they did with their credit cards.
read nowAmerican Express debuts prepaid cards
May 4, 2010
American Express is introducing a prepaid card called PASS, targeted to parents looking to give a card to teens.
read nowMasterCard 1Q profit rises 24 percent
May 4, 2010
MasterCard saw spikes in profit and revenue for the first quarter of 2010.
read nowMasterCard upgrades global processing network
May 2, 2010
MasterCard Worldwide announced the introduction of multiple enhancements to its worldwide network that will offer its financial institution customers and…
read nowSTAR Network signs SunTrust to exclusive agreement for PIN debit access
May 2, 2010
According to a press release, First Data Corp. announced its STAR Network has signed a multi-year agreement with SunTrust Banks Inc. to provide PIN-secured…
read nowColorado bank lobby kills own bill after debit surcharge ban amendment
April 21, 2010
According to NACSonline.com, legislation pending in the Colorado senate recently was killed after it was amended to include debit transactions via ATMs in a…
read nowCommunity State Bank offers tap-and-pay at point of sale via Bling Nation
April 21, 2010
Lamar, Colo.-based Community State Bank has announced that customers can now use their mobile phones to tap and pay for purchases at the point of sale via…
read nowWincor Nixdorf senior vice president for retail business leaves company
April 21, 2010
Dr. Herbert Machill, senior vice president, retail at Wincor Nixdorf AG, is leaving the company at his own request in order to devote himself to new tasks and…
read nowReport highlights opportunity for new apps on EMV chip cards
April 20, 2010
London-based Retail Banking Research Ltd. reports what it calls "outstanding" opportunities for banks to leverage the new chip and PIN infrastructure with…
read nowSkimming ring uncovered in South Carolina
April 15, 2010
The U.S. Secret Service has uncovered evidence of an international credit and debit card fraud scheme in South Carolina, according to a story on News Channel …
read nowHeartland service links campus ID, debit card
April 13, 2010
Heartland Payment Systems' Campus Solutions division has announced its Acceluraid service, the first electronic aid distribution platform that utilizes a…
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