Upcoming Conferences
6th Annual Mobile Banking & Commerce Summit
June 10-12, 2012
Westin St. Francis
San Francisco, CA
7th Annual Underbanked Financial Services Forum
June 13-15, 2012
Westin St. Francis
San Francisco, CA
-
MasterCard Becoming 'Much More Holistic,' Exec Says
PaymentsSource | May 10, 2012ORLANDO — Don't call MasterCard a one-trick pony, says chief product officer Timothy Murphy. In the wake of the financial crisis, MasterCard Worldwide "has really transitioned from being principally a credit card company that also did some debit to a much more holistic payments company," Murphy told PaymentsSource in an interview May 9 during the Card Forum and Expo here.
-
Remote Deposit Features Could Boost Prepaid Card Market, Experts Say
PaymentsSource | May 10, 2012ORLANDO — Banks eyeing growth opportunities in prepaid cards could get a big boost from the development of remote deposit capture technology for the general purpose reloadable card market, industry experts contend.
-
Amex Inks Prepaid Card Deal With Barnes & Noble
PaymentsSource | May 10, 2012American Express Co. has found a novel way to reach college students with prepaid cards--through books.
-
Chase's 'Liquid' Prepaid Card Targets Consumers In Branches
PaymentsSource | May 9, 2012JPMorgan Chase & Co. is marketing its new prepaid card, Liquid, as an alternative to a bank account, but its underlying terms make clear that it's more of a complement to one.
-
Panel: Banks Considering Prepaid Card-Issuing Must Weigh Options
PaymentsSource | May 9, 2012ORLANDO — Large banks face some significant challenges in reaching low- or moderate-income consumers with prepaid cards, according to payments expert Tim Sloane.
-
Dwolla Rolls Out Quicker Funds-Transfer Service
PaymentsSource | May 9, 2012Dwolla Corp. is turning up the volume on its service touting quicker, lower-cost funds-transfers.
-
Judge Grants Preliminary OK To ATM Fee-Disclosure Class Action
PaymentsSource | May 8, 2012A federal judge in Detroit last week gave preliminary approval to a class-action lawsuit claiming AAC Community Credit Union failed to disclose the fees charged to nonmember users of its ATM, an action brought by a prolific local retiree who has traveled the country to file such suits under the Electronic Funds Transfer Act.
-
Plastyc Looks To Kindle Underbanked Interest In Its Prepaid Products
PaymentsSource | May 7, 2012The Kindle Fire isn't as capable as Apple Inc.’s iPad, and it isn't as connected as a smartphone. But its mix of price and features makes it well suited to serve the underbanked. [FREE]
-
NetSpend Execs Tout Q1 Revenue Boost Under A Jury Ruling's Shadow
PaymentsSource | May 4, 2012Considering NetSpend Holdings Inc. swung and missed earlier this month in a court of law, the company at least has to feel good about making solid contact regarding its prepaid card numbers.
-
State Bank Of India Launches A Virtual Debit Card
PaymentsSource | May 4, 2012Targeting customers who may be afraid to use their debit or credit card or Internet banking service to shop online because of fraud concerns, the State Bank of India Ltd. has launched a virtual debit card.
-
Michigan Retiree Appears To Be Making A Business Out Of ATM Suits
PaymentsSource | April 26, 2012A Michigan retiree who has filed dozens of lawsuits over ATM fee-disclosure violations during the past three years has joined a new flurry of suits against credit unions and banks just as Congress is taking up a potential solution to the mounting litigation.
-
Legal And Restructuring Expenses Cut Into MoneyGram Q1 Earnings
PaymentsSource | April 26, 2012About $9.4 million in combined legal and restructuring costs, plus another $3.5 million in stock-based compensation, affected MoneyGram International Inc.’s profitability, as first-quarter earnings dropped 26.4%, to $10.3 million from $14 million a year earlier, the company reported April 26.
-
Euronet Reports Double-Digit Q1 Revenue Growth In All Three Business Units
PaymentsSource | April 25, 2012More agreements, more products and more locations helped drive double-digit first-quarter revenue and transaction growth across all of Euronet Worldwide Inc.’s operating units, the electronic funds transfer processor reported April 25.
-
Citizens To Pay $137.5 Million To Settle Overdraft-Fee Dispute
PaymentsSource | April 25, 2012Citizens Financial Corp has agreed to pay $137.5 million to end a class-action lawsuit over its overdraft fees.
-
India’s Muthoot Finance Inks Prepaid Card Deal With Axis Bank
PaymentsSource | April 25, 2012In its first steps to introduce retail-finance products, India’s Muthoot Vehicle and Asset Finance Ltd. has signed an agreement with Axis Bank Ltd. to launch Muthoot-branded prepaid cards. [FREE]
Advertisement
Advertisement
My PaymentsSource
Receive custom news, data, profiles, and alerts based on your criteria. Click for a free trial.
Advertisement
Advertisement
- PayPal's Marino: Company Has The Assets And Relationships For Multiple Payment Options
- Mobile Wallets Aim Toward Clouds To Unlock Marketing Opportunities
- Consumer Purchasing Habits Have Changed But Vary Based On Technology
- Shopkick Shares Lessons Learned In Mobile Payments Rewards
- Globally, U.S. Shown To Be Lagging In Mobile Payments
- Card Forum Overview: Payments’ Future Destinations Unclear
- Sovereign Bucks Trend In Promoting Debit Rewards
- LivingSocial Card May Spark More Products Tapping Social Media
- MasterCard Study Puts Numbers On Mobile Payment ‘Folklore’
- Citi Exec: Mobile Payments Have Some Retailers 'Worried'
- PayPal's Marino: Company Has The Assets And Relationships For Multiple Payment Options
- Mobile Wallets Aim Toward Clouds To Unlock Marketing Opportunities
- LivingSocial Card May Spark More Products Tapping Social Media
- Citi Exec: Mobile Payments Have Some Retailers 'Worried'
- Shopkick Shares Lessons Learned In Mobile Payments Rewards
- Alliance Data's Niche-Retailer Strategy Driving Private-Label Card Success
- Consumer Purchasing Habits Have Changed But Vary Based On Technology
- Globally, U.S. Shown To Be Lagging In Mobile Payments
- Citi Stakes Investment In Payments Tech Firm Jumio
- VeriFone Taking Aim At Square
