Image: Bloomberg News
American Express' joint travel venture may get delayed as it awaits regulatory approval, CFO Jeff Campbell told investors Jan 16.
SCVNGR's LevelUp is reducing its mobile wallet's transaction fee from 2% to 1.95% in its continued attempt to shave interchange costs.  more »
Fitness4Less plans to cut its costs for handling payments by 80% by switching from a third-party payment processor to a system it controls in-house through an application programming interface (API) from Fundtech.  more »
Conference Connect
In Pictures: Mobile's War on Interchange
Mobile wallets and mobile point of sale systems have tried many tactics to win over merchants by cutting costs. Some vendors have been extremely inventive in how they push cheaper payment options.  read more »

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