Upcoming Conferences
18th Annual ATM, Debit & Prepaid ForumOctober 3-5, 2010
Arizona Biltmore, Phoenix, AZ
18th Annual Financial Services Collections & Credit Risk Conference
October 24-26, 2010
The Wynn, Las Vegas, NV
3rd Annual Cards & Payments Loyalty Conference
November 3-5, 2010
Buena Vista Palace & Resort, Orlando, FL
Web Seminars
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Building Loyalty: How To Design Programs that Cement Relationships
September 1, 2010
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New Technologies For Contactless Payment Emerge As Industry Waits For NFC Phones
As the industry waits for Near Field Communication technology to reach the market, other mobile-payments technologies are being tested all over the globe.
Today in Payments
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Visa Promotes Add-On Pay Chips For Phones
PaymentsSource | September 2Though adding the same NFC chips to phones offers much of the same benefits as NFC cards, doing so can also open the door to additional control over users' accounts, according to Bill Gajda, Visa's head of global mobile products. [FREE]
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Smart Transit Card Adoption Increases Among Consumers, Study Finds
PaymentsSource | September 2With several smart card-based transit projects developing around the globe,shipments of smart cards supporting transit applications will grow at an 11% compound annual rate through 2015, new research suggests.
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MasterCard Promotion Offers Exclusive Access To New York Events
PaymentsSource | September 2In its latest marketing promotion, MasterCard Worldwide is offering cardholders who live in or who visit New York City rich and priceless experiences, such as sporting, concert, shopping and culinary events.
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VeriFone Buys Way Systems, Solidifies Mobile POS Position
PaymentsSource | September 1VeriFone Systems Inc. plans to use its acquisition of Way Systems Inc. to attract more merchant interest in its mobile-payment systems. [FREE]
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Consumer Confidence Stabilizes In August After Three-Month Slide, Discover Says
PaymentsSource | September 1Consumer confidence in the economy in August stabilized after declining for three consecutive months, although the number percentage of consumers rating their personal finances as poor rose, according to new survey data Discover Financial Services released Sept. 1.
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Card Charge-Offs Fall To 16-Month Low, Fitch Says
PaymentsSource | September 1The average charge-off rate on U.S. consumer credit cards in July fell to a 16-month low, while delinquency rates also were better as credit card-portfolio health continued to improve, Fitch Ratings reported Sept. 1.
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POSBank Launches Dual-Function Card In Singapore
PaymentsSource | September 1POSBank has launched a payment card that incorporates both debit and credit card functions, according to the Singapore-based bank.
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Indian Bank Launches Credit Card For Non-Resident Segment
PaymentsSource | September 1Indias Kotak Mahindra Bank Ltd. announced on Aug. 30 the launch of a credit card designed for the Non-Resident Indian segment, which includes Indian citizens who have migrated to another country, are of Indian origin but born outside India, or are of Indian origin but reside permanently outside India.
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FTC Settlement Stops Alleged Credit-Repair Scam
Collections & Credit Risk | September 1A credit repair operation agreed to stop making false claims and stop charging upfront fees under a settlement with the Federal Trade Commission. [FREE]
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Exxon Mobil Cardholders To Earn Dining Rewards For Gasoline Purchases
PaymentsSource | September 2Consumers who use Exxon Mobil Corp.s proprietary Personal Card to purchase Exxon and Mobil-branded gasoline can receive gift certificates for Restaurant.com under the petroleum retailers latest promotion announced on Sept. 1.
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Inner Fence Adds Card Reader For IPhones
PaymentsSource | September 2Inner Fence, which makes the Credit Card Terminal application for Apple Inc.s iPhone, on Sept. 1 announced it is shipping the Credit Card Reader, which attaches to an iPhones dock connector. [FREE]
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Viewpoints
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Viewpoint: Government Usurping Market Role On Interchange
PaymentsSource | August 30"$2 Billion Revenue Loss for Debit Issuers?" [Aug. 17] suggested large issuers could lose $2 billion due to new rules governing interchange and over-limit fees. That's low.
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Merchant Acquiring
Regulation
A Closer Look
Card Debt Drops...

...TransUnion Data
The average credit card borrower debt during the second quarter dropped to $4,951.
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2010 Marketplace Directory
View the 2010 Annual Marketplace Directory
A comprehensive purchasing resource for the payments industry.
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Reports and Papers [View More]
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- Most Delinquent Mortgages Not Going To Collections
- Retailers May Shelve Prepaid Cards If Money Laundering Rule Passes
- Texas AG Charges Mortgage Servicer With Illegal Collections
- Mobile Company Introduces Barcode-Driven Contactless Payments
- Patent Fight Heats Up Over Cardtronics Multi-Purpose ATMs
- Overcoming Security Barriers Is Key To Mobile Success
- Delinquencies Fall As Consumers Focus On Card Relationships
- Fiserv Launches Program To Help Banks Boost Revenue
- U.S. Businesses Are Paying Bills More Slowly: Experian Report
- Debt Buyer Fined $85,000 Over Collection Lawsuits
- Retailers May Shelve Prepaid Cards If Money Laundering Rule Passes
- Patent Fight Heats Up Over Cardtronics Multi-Purpose ATMs
- Most Delinquent Mortgages Not Going To Collections
- Davids Bridal Chooses Alliance Data For Private-Label Card Program
- Study Shows Massive Increase In Consumer Bankruptcy Costs
- Duo Aims To Reprise ISO Success
- VeriFone Buys Way Systems, Solidifies Mobile POS Position
- Dodd Recounts War Stories Over Regulatory Reform
- VeriFone Buys Way Systems To Augment Mobile Efforts
- Mobile Company Introduces Barcode-Driven Contactless Payments









