Upcoming Conferences
18th Annual ATM, Debit & Prepaid ForumOctober 3-5, 2010
Arizona Biltmore, Phoenix, AZ
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
Today in Payments
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Visa Quarterly Profit Slips As Company Braces For 'Modest' Legislation Effects
PaymentsSource | July 29Visa Inc. may begin to see bottom-line effects from pending debit interchange regulations as early as next summer, Joseph Saunders, Visa chairman and CEO, revealed to analysts July 28 during a conference call to discuss quarterly results.
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European Troubles Cause 2% Drop In Diebolds Q2 Net Income
PaymentsSource | July 29Diebold Inc.s weak showing in the European market contributed to the ATM manufacturers 2.3% decrease in net income for the second quarter ended June 30, to $29.7 million from $30.4 million during the same time period last year.
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Visa Reports Strong Fiscal Q3 Payment-Volume Growth Globally
PaymentsSource | July 29Citing continued spending momentum and positive payment trends globally, Visa Inc. on July 28 reported increases in Visa card spending both domestically and internationally for the companys fiscal third quarter ended June 30.
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Consumers Warming Up To Mobile Devices For Banking, Survey Suggests
PaymentsSource | July 29Mobile banking through mobile devices such as cellular phones, smart phones and personal digital assistants has more than doubled globally since 2008 with consumers in the Asia-Pacific region, Central and Eastern Europe and the United States at the forefront, new research from KPMG International suggests. [FREE]
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IPay POS Debuts With Multiple Gateway Support
PaymentsSource | July 29IPay POS Credit Card Terminal, the new version of the mobile-payment acceptance application called ProcessAway, now works with multiple gateways and comes with a card reader to accommodate card-present transactions, according to Randy Palermo, who developed the application that works on Apple Inc.s iPhone. [FREE]
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First Foreign Islamic Bank Joins Malaysian ATM Network
PaymentsSource | July 29Kuwait Finance House Malaysia Bhd. has become the first foreign Islamic bank in Malaysia to join the Malaysian Electronic Payment System, known locally as MEPS, an official for the bank tells PaymentsSource.
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Taiwan Bank, Department Store In Cobranded Smart Card Deal
PaymentsSource | July 29Taiwans Taipei Fubon Commercial Bank Ltd. and department store Uni-Hankyu this week announced a chip-based cobranded MasterCard credit card that also functions as a transit card, the bank said.
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FTC Issues Rule Against Debt Relief Companies
Collections & Credit Risk | July 29For-profit companies that sell debt relief services by telephone, as of Oct. 27, will not be able to charge a fee before they settle or reduce a customers credit card or other unsecured debt. [FREE]
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Washington Credit Union Cracks Card Skimming Ring At Wendys
Credit Union Journal | July 29A worker at a local Wendys restaurant in Seattle was arrested yesterday, along with two alleged accomplices, and charged with identity theft after she allegedly used a skimmer to steal credit card information from as many as 135 customers.
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Merchant Benefits From Reduced Rates Will Vary, Global Payments CEO Says
PaymentsSource | July 29All U.S. merchant processors likely will benefit from anticipated reductions in debit card interchange rates once the Federal Reserve Board next year finishes its rate-setting task mandated by the Dodd-Frank financial-reform bill President Obama signed into law last week.
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First Data To Lay Off Call Center Reps
Credit Union Journal | July 29About a fourth of First Data Corp.'s 800 call center employees will be laid off by Sept. 1, according to the transaction processing giant.
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Viewpoints
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Viewpoint: A Better Tool To Fight Card Fraud
PaymentsSource | July 26At least once a day, the National Cyber Alert System sends out an alert to warn consumers of potential security threats.
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A Closer Look
Merchant Credit Card Sales...

...Q1 2010
PaymentsSource data show merchant credit card sales where the bank is acquiring for Q1 2010.
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2010 Marketplace Directory
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Reports and Papers [View More]
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- Adding Muscle To The Credit Score
- New Financial Regulatory Law Will Impact Collection Industry
- Buried In Reform Law, A Ban On Debit Exclusivity
- Durbin Sets Interchange Sights On Government Payments
- FTC Issues Rule Against Debt Relief Companies
- Expensive, Outdated Collection Methods Hamper Industry Rebound: Study
- Moodys: Visa And MasterCard Not Immune From Debit-Interchange Rate-Change Effects
- Square Open To Working With ISOs, But Not Yet
- New York Debt Collector Settles Wrongful Collection Charges
- Can Collectors Benefit From Online Social Networks?
- Durbin Sets Interchange Sights On Government Payments
- Adding Muscle To The Credit Score
- Buried In Reform Law, A Ban On Debit Exclusivity
- Portability Rights Taking On Greater Importance
- MasterCard Will Offer Internet PIN-Debit Product To Issuers
- Settlements Reached With Several Mortgage Modification Firms
- First Datas Merchant Partners See Gift Card Sales Increase
- Expensive, Outdated Collection Methods Hamper Industry Rebound: Study
- Can Collectors Benefit From Online Social Networks?
- Stored Value Cards Unit Has New CEO









