TSYS Eyes Prepaid Growth, Drops Japan Operations
Total System Services Inc. plans to build upon NetSpend's new partnerships with Western Union and Paychex to boost its presence in the prepaid card market, which it says can reach 68 million underserved consumers throughout the world.
Troy Woods
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Global payments processor Optimal Payments Plc has reached a five-year agreement with Ontario Lottery and Gaming. more »
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Card-linked marketing is a useful but underused method to reach consumers, according to a new survey of chief marketing officers by Bank of America and The CMO Club. more »
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Domino's Pizza customers with Android devices can now pay for their pizza through the Google Wallet. more »
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Momentum is building for debit EMV as the Shazam Network and Visa Inc. announced an agreement today to enable issuers to use Visa's common debit application identifier (AID) for Visa- and Shazam-branded cards and transactions. more »
SCVNGR's LevelUp is reducing its mobile wallet's transaction fee from 2% to 1.95% in its continued attempt to shave interchange costs. more »
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CO-OP Financial Services has entered into an agreement with Visa to make the Visa EMV common debit solution available to its credit union clients. more »
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Payment processor Heartland Payment Systems has acquired MCS Software. more »
VeriFone's VX 690
VeriFone Systems plans to offer a new portable card terminal that can accept EMV-chip card payments and uses several wireless technologies. more »
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Digital coupon provider Coupons.com Inc. is offering consumers the option to link the site's offers directly to their credit or debit cards. more »
There is much discussion around the demise of cash and quite rightly so. These are exciting times for the financial industry with substantial growth in payment innovation. Respondents to numerous surveys claim that they will use their mobile phone, contactless card and other alternative payments in the future and that they currently mostly pay for everything on card and over the Internet. more »
Andrew Henwood
Data security provider Foregenix is in the thick of the endless war on cybercrime. And the payments industry's biggest weapons are no deterrent to fraudsters, says Andrew Henwood, CEO of U.K.-based Foregenix. more »
Michael Manos
The payments processor First Data has appointed former AOL executive Michael Manos as its chief technology officer. more »
SCVNGR's LevelUp has begun a campaign to urge users of its mobile wallet to fund payments from a debit card instead of a credit card. The end goal is to get its transaction fees as low as possible, while filling a void left by merchants who switched away from another pricing model it boldly called Interchange Zero. more »

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