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Upcoming Conferences

22nd Annual Card Forum & Expo
May 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

The premier daily news service for cards and payments professionals.

  • PayPal Inks China UnionPay Deal

    PaymentsSource | March 18

    EBay Inc.'s PayPal Inc. says it has partnered with China UnionPay Co., China's biggest card issuer, enabling Chinese consumers to shop online with international retailers using their China UnionPay bank cards.

  • Ingenico Sees 2009 Profit Drop From 2008

    PaymentsSource | March 18

    Ingenico SA, a France-based point-of-sale terminal maker, foresees a return to growth this year after posting declining revenue and profit results for 2009 compared with 2008.

  • Thieves Steal National Store Chain’s PIN Pads

    PaymentsSource | March 18

    Thieves stole an undisclosed number of PIN pads from Hancock Fabrics Inc. stores, replacing them with counterfeit terminals that illegally captured customer card data.

  • Fifth Third Plans Data-Encryption Rollout With Voltage Security

    PaymentsSource | March 18

    Fifth Third Processing Solutions LLC later this year will roll out an advanced payment-data encryption technology platform for its merchant clients developed in conjunction with Voltage Security Inc., the processor said on Wednesday.

  • Verifi Adopts ThreatMetrix To Block Card-Not-Present Fraud

    PaymentsSource | March 18

    Verifi Inc., a provider of risk-management services for card-not-present merchants, this week announced a partnership with ThreatMetrix Inc. designed to help block online fraud. [FREE]

  • NCR Names Fishman CFO

    PaymentsSource | March 18

    NCR Corp. today named Robert Fishman chief financial officer, ending his stint as interim CFO, a position he has held at the world’s largest ATM manufacturer since October.

  • Co-op Financial Forms Partnership With Louisiana Credit Union League

    PaymentsSource | March 18

    Co-op Financial Services this week announced a partnership with the Louisiana Credit Union League intended to help expand Co-op’s surcharge-free ATM network throughout Louisiana.

  • Credit Card Spending Rises In India, But Debit Use Continues To Dominate

    PaymentsSource | March 18

    Indian consumers in January initiated 20.3 million credit card transactions, down 6.9% from 21.8 million during the same month the previous year, according to data from the Reserve Bank of India.

  • Citi Sees Weak Demand For Mobile P2P Transfers, For Now

    American Banker | March 18

    Citigroup Inc. is learning many consumers today do not share its enthusiasm for mobile payments. [FREE]

  • Colorado Bans Three from Collecting Debt

    Collections & Credit Risk | March 17

    Colorado Attorney General John Suthers' office has banned three lawyers from collecting debts in the state after accusing them of using unfair tactics. [FREE]

  • Discover Sees Better Times Ahead

    PaymentsSource | March 17

    After reporting a charge-off rate for its fiscal first quarter that was below what it expected, Discover Financial Services now expects charge-offs to start to decline this quarter, coming in at between 8% and 8.5%, Discover Chairman and CEO David Nelms told analysts during a conference call yesterday to discuss earnings.

  • New AmEx Marketing Effort Focuses On Diversifying Use

    PaymentsSource | March 17

    American Express Co. has launched a card-marketing campaign in several major U.S. cities and in Canada, the United Kingdom and Australia.

  • Chase Paymentech Extends Card-Not-Present Fraud Detection To All Customers

    PaymentsSource | March 17

    Chase Paymentech LLC this week announced plans to extend its offer of fraud-detection services for card-not-present transactions to all of its merchant customers later this year.

  • MasterCard’s ATM Hunter Gets Mixed Reviews

    PaymentsSource | March 17

    MasterCard Worldwide for years has offered ATM Hunter only on its Web site, but interest in the ATM-finder service skyrocketed when the card brand made it available for smartphones, says Cheryl Guerin, MasterCard senior vice president, U.S. and digital marketing. [FREE]

  • Singapore’s DBS Bank Inks Deal With Paypal

    PaymentsSource | March 17

    DBS Bank has inked a deal with U.S.-based online-payments provider PayPal Inc. in which the bank’s customers will be able to use PayPal to make online purchases, Singapore’s largest bank announced March 17. [FREE]

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