Upcoming Conferences
18th Annual ATM, Debit & Prepaid ForumOctober 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
Web Seminars
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Building Loyalty: How To Design Programs that Cement Relationships
September 1, 2010
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Closed-Loop Cards Dominate Prepaid Market
PaymentsSource | September 2Closed-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.
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Chase Introduces First-Ever Hyatt Cobranded Card
PaymentsSource | September 2Hyatt 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.
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When It Comes To Mobile, Bank Of The West Is Done Waiting And Seeing
PaymentsSource | September 2The mobile banking train hasnt left the station yet, but time is running low to be considered an early adopter before the service becomes ubiquitous among banks. [FREE]
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Brazil Acquirer Buying 30,000 Hypercom POS Terminals
PaymentsSource | September 2Cielo 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.
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Giftango Connects Mobile Developers To Merchants For Virtual Gift Cards
PaymentsSource | September 2Virtual 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]
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Inner Fence Adds Card Reader For IPhones
PaymentsSource | September 2Inner 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 iPhones dock connector. [FREE]
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Exxon Mobil Cardholders To Earn Dining Rewards For Gasoline Purchases
PaymentsSource | September 2Consumers 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 retailers latest promotion announced on Sept. 1.
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MasterCard Promotion Offers Exclusive Access To New York Events
PaymentsSource | September 2In 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.
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Smart Transit Card Adoption Increases Among Consumers, Study Finds
PaymentsSource | September 2With 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.
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Visa Promotes Add-On Pay Chips For Phones
PaymentsSource | September 2Visa 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]
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VeriFone Buys Way Systems, Solidifies Mobile POS Position
PaymentsSource | September 1VeriFone Systems Inc. plans to use its acquisition of Way Systems Inc. to attract more merchant interest in its mobile-payment systems. [FREE]
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Consumer Confidence Stabilizes In August After Three-Month Slide, Discover Says
PaymentsSource | September 1Consumer 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.
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Card Charge-Offs Fall To 16-Month Low, Fitch Says
PaymentsSource | September 1The 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.
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Indian Bank Launches Credit Card For Non-Resident Segment
PaymentsSource | September 1Indias 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.
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POSBank Launches Dual-Function Card In Singapore
PaymentsSource | September 1POSBank has launched a payment card that incorporates both debit and credit card functions, according to the Singapore-based bank.
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- Most Delinquent Mortgages Not Going To Collections
- Retailers May Shelve Prepaid Cards If Money Laundering Rule Passes
- Texas AG Charges Mortgage Servicer With Illegal Collections
- Mobile Company Introduces Barcode-Driven Contactless Payments
- Patent Fight Heats Up Over Cardtronics Multi-Purpose ATMs
- Fiserv Launches Program To Help Banks Boost Revenue
- Delinquencies Fall As Consumers Focus On Card Relationships
- Overcoming Security Barriers Is Key To Mobile Success
- U.S. Businesses Are Paying Bills More Slowly: Experian Report
- Debt Buyer Fined $85,000 Over Collection Lawsuits
- Retailers May Shelve Prepaid Cards If Money Laundering Rule Passes
- Patent Fight Heats Up Over Cardtronics Multi-Purpose ATMs
- Most Delinquent Mortgages Not Going To Collections
- Davids Bridal Chooses Alliance Data For Private-Label Card Program
- Study Shows Massive Increase In Consumer Bankruptcy Costs
- Chase Introduces First-Ever Hyatt Cobranded Card
- Duo Aims To Reprise ISO Success
- VeriFone Buys Way Systems, Solidifies Mobile POS Position
- Dodd Recounts War Stories Over Regulatory Reform
- VeriFone Buys Way Systems To Augment Mobile Efforts




