Upcoming Conferences
22nd Annual Card Forum & ExpoMay 16-18, 2010
Hyatt Regency Grand Cypress, Orlando, FL
Mobile Banking and Emerging Applications Summit
June 6-8, 2010
M Resort | Las Vegas, NV
18th Annual Financial Services Collections & Credit Risk Conference
October 24-26, 2010
The Wynn, Las Vegas, NV
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India Citibank-MasterCard NFC Pilot Yields A Few Clues On Mobile Coupons
PaymentsSource | March 11One of the worlds largest trials of Near Field Communication payments, which Citigroup Inc. and MasterCard Worldwide launched last year in India, provided a glimpse into the challenges of incorporating merchant-sponsored product discounts and coupons within mobile payments. [FREE]
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In Lower Fees, Banks Find An Alternate Path To Profit
American Banker | March 11Tack a $35 overdraft fee on to a $5 debit purchase at Starbucks enough times, and the cost really starts to add up and not just for the unsuspecting caffeine addict stuck with the tab.
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BofA Decision To Eliminate Overdraft Fee Could Have A Ripple Effect
PaymentsSource | March 10Bank of America Corp.s announcement today that it plans to eliminate overdraft fees on debit card purchases is a clear effort to make right with consumersand no doubt regulatorswhose angst against big banks has reached a fever pitch in recent months, analysts say.
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Barclays Launches Commercial Contactless Debit Cards
PaymentsSource | March 10United-Kingdom-based Barclays Group PLC this week continued its goal to bring contactless technology to the regions masses as it began issuing commercial contactless debit cards to business customers.
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Consumer Debt Crept Higher in February: Report
PaymentsSource | March 10U.S. consumer credit card debt inched higher again for data released in February, but the average credit score remained the same as the previous month at 669, according to a March 10 report from Credit Karma Inc., a San Francisco-based company whose Web site tracks credit scores.
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NFinanSe Cuts Prepaid Card ATM And Bill-Payment Fees
PaymentsSource | March 10NFinanSe Inc. today cut ATM-withdrawal and bill-payment fees to promote better cardholder trials and greater cardholder retention.
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South Korean Agency Calls For Points On Overseas Purchases
PaymentsSource | March 10The South Korean Fair Trade Commission is urging card companies in that country to allow their cardholders to earn reward points on purchases made overseas, according to a statement issued by the antitrust group.
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Irelands WorldNet Debuts Virtual Terminal For IPhones
PaymentsSource | March 10WorldNet, an Ireland-based online payment gateway, says its virtual payment-terminal application released this week for Apple Inc.s iPhone is the companys first, and it plans to add chip-and-PIN capability to the software in later versions. [FREE]
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Allied Banking, China UnionPayCredit Card
PaymentsSource | March 10Allied Banking Corp. has signed an agreement with card company China UnionPay to launch a credit card, the Philippines-based bank announced recently.
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Thai Banks Get Permission To Shut ATMs During Planned Rally
PaymentsSource | March 10Under a contingency plan announced March 9, Thailands commercial banks may immediately halt ATM services in risk-prone areas.
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BofA Plans To Drop Debit Card Overdraft Fees
American Banker | March 10Bank of America Corp. reportedly plans to announce Wednesday that it is eliminating $35 overdraft fees on debit card purchases as the bank tries to stay ahead of a sweeping round of regulations.
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Denver Collector Expands In Kansas
Collections & Credit Risk | March 10Regent Asset Management Solutions, a Denver collection agency, said Monday that it plans to hire 1,200 people in the next five years after expanding to a new call center in Overland Park, Kan.
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Martin Eagle Signs On As Heartlands First SmartLink Customer
PaymentsSource | March 9Heartland Payments Systems Inc. has signed Martin Eagle Oil Co. Inc. as the first customer for the processors SmartLink consolidated-network technology, Princeton, N.J.-based Heartland announced today.
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Plan To Enable The Blind To Identify Banknotes Could Affect ATMs
PaymentsSource | March 9The U.S. Bureau of Engraving and Printing is working to redesign banknotes so blind and visually impaired consumers more easily may identify their denominations. Though details are sketchy, the changes will affect segments of the ATM industry differently, observers say.
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Texas Utility Launches Card-Acceptance Program For Small And Midsize Businesses
PaymentsSource | March 9Cirro Energy this week announced the launch of a credit card-acceptance initiative designed for small and midsize businesses in Texas. Under the initiative, the subsidiary of Richmond, Va.-based Dominion Resources Inc. is enabling the companies to pay their electric bills using cards carrying the Visa or MasterCard brands.
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- JPM Chase Brings Back 5% Cash Back
- Lawsuits Name 764 Agencies, Creditors
- BofA Plans To Drop Debit Card Overdraft Fees
- LifeLock To Pay $12 Million To Settle FTC Charges
- BNY Mellon Sees Opening via MasterCard Gateway
- Technology, Scoring Strategies To Boost Collections
- BofA Decision To Eliminate Overdraft Fee Could Have A Ripple Effect
- New Jersey Assembly Committee Approves Collection Law
- Taking Steps To Mesh ATMs With Other Channels
- Debt Collector Found Guilty On Weapons Charges
- LifeLock To Pay $12 Million To Settle FTC Charges
- Shazam Network Launches Fraud-Prevention Service
- BNY Mellon Sees Opening via MasterCard Gateway
- Technology, Scoring Strategies To Boost Collections
- Price Remains Important To Merchants, But It Should Not Rule The Sales Pitch
- BofA Decision To Eliminate Overdraft Fee Could Have A Ripple Effect
- BofA Plans To Drop Debit Card Overdraft Fees
- Plan To Enable The Blind To Identify Banknotes Could Affect ATMs
- Lawsuits Name 764 Agencies, Creditors
- Citi Expanding CauseWorld




