Sign me up now for full access.Subscribe
Take a free trial (including email alerts).Register
Get help from customer service.Inquire

Upcoming Conferences

18th Annual ATM, Debit & Prepaid Forum
October 3-5, 2010
Arizona Biltmore, Phoenix, AZ

18th Annual Financial Services Collections & Credit Risk Conference
October 24-26, 2010
The Wynn, Las Vegas, NV

3rd Annual Cards & Payments Loyalty Conference
November 3-5, 2010
Buena Vista Palace & Resort, Orlando, FL

The premier daily news service for cards and payments professionals.

  • Closed-Loop Cards Dominate Prepaid Market

    PaymentsSource | September 2

    Closed-loop prepaid cards for digital content, government services and telecommunications helped grow the sector in 2009, to $205.4 billion in funds loaded into card accounts, up 7% from $191.8 billion the previous year, according to a report from the Mercator Advisory Group.

  • Chase Introduces First-Ever Hyatt Cobranded Card

    PaymentsSource | September 2

    Hyatt Hotels Corp. waited longer than any other major hotel chain to launch a cobranded credit card, but the Hyatt Visa Card, introduced Sept. 1 with JPMorgan Chase & Co., underscores a few significant trends emerging in the rewards cards arena, analysts say.

  • When It Comes To Mobile, Bank Of The West Is Done Waiting And Seeing

    PaymentsSource | September 2

    The mobile banking train hasn’t left the station yet, but time is running low to be considered an early adopter before the service becomes ubiquitous among banks. [FREE]

  • Brazil Acquirer Buying 30,000 Hypercom POS Terminals

    PaymentsSource | September 2

    Cielo S.A., a Brazil-based merchant acquirer with approximately 1.2 million active merchant accounts, is buying 30,000 Optimum T4205 point-of-sale terminals from Hypercom Corp., the terminal maker announced Sept. 2.

  • Giftango Connects Mobile Developers To Merchants For Virtual Gift Cards

    PaymentsSource | September 2

    Virtual gift card provider Giftango Corp. on Sept. 1 released a software-development kit that enables mobile-phone application companies to develop gift card products consumers may use at the point of sale or redeem online. [FREE]

  • Inner Fence Adds Card Reader For IPhones

    PaymentsSource | September 2

    Inner Fence, which makes the Credit Card Terminal application for Apple Inc.’s iPhone, on Sept. 1 announced it is shipping the Credit Card Reader, which attaches to an iPhone’s dock connector. [FREE]

  • Exxon Mobil Cardholders To Earn Dining Rewards For Gasoline Purchases

    PaymentsSource | September 2

    Consumers who use Exxon Mobil Corp.’s proprietary Personal Card to purchase Exxon and Mobil-branded gasoline can receive gift certificates for Restaurant.com under the petroleum retailer’s latest promotion announced on Sept. 1.

  • MasterCard Promotion Offers Exclusive Access To New York Events

    PaymentsSource | September 2

    In its latest marketing promotion, MasterCard Worldwide is offering cardholders who live in or who visit New York City rich and “priceless” experiences, such as sporting, concert, shopping and culinary events.

  • Smart Transit Card Adoption Increases Among Consumers, Study Finds

    PaymentsSource | September 2

    With several smart card-based transit projects developing around the globe,shipments of smart cards supporting transit applications will grow at an 11% compound annual rate through 2015, new research suggests.

  • Visa Promotes Add-On Pay Chips For Phones

    PaymentsSource | September 2

    Visa Inc. hopes to prove to banks that a contactless payment chip in a mobile phone is a much more compelling product to consumers than the same chip in a plastic card. [FREE]

  • VeriFone Buys Way Systems, Solidifies Mobile POS Position

    PaymentsSource | September 1

    VeriFone Systems Inc. plans to use its acquisition of Way Systems Inc. to attract more merchant interest in its mobile-payment systems. [FREE]

  • Consumer Confidence Stabilizes In August After Three-Month Slide, Discover Says

    PaymentsSource | September 1

    Consumer confidence in the economy in August stabilized after declining for three consecutive months, although the number percentage of consumers rating their personal finances as poor rose, according to new survey data Discover Financial Services released Sept. 1.

  • Card Charge-Offs Fall To 16-Month Low, Fitch Says

    PaymentsSource | September 1

    The average charge-off rate on U.S. consumer credit cards in July fell to a 16-month low, while delinquency rates also were better as credit card-portfolio health continued to improve, Fitch Ratings reported Sept. 1.

  • Indian Bank Launches Credit Card For Non-Resident Segment

    PaymentsSource | September 1

    India’s Kotak Mahindra Bank Ltd. announced on Aug. 30 the launch of a credit card designed for the Non-Resident Indian segment, which includes Indian citizens who have migrated to another country, are of Indian origin but born outside India, or are of Indian origin but reside permanently outside India.

  • POSBank Launches Dual-Function Card In Singapore

    PaymentsSource | September 1

    POSBank has launched a payment card that incorporates both debit and credit card functions, according to the Singapore-based bank.

Advertisement
Advertisement

My PaymentsSource

Receive custom news, data, profiles, and alerts based on your criteria. Click for a free trial.

Advertisement
Advertisement