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

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

Today in Payments

  • India Citibank-MasterCard NFC Pilot Yields A Few Clues On Mobile Coupons

    PaymentsSource | March 11

    One of the world’s 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]

  • In Lower Fees, Banks Find An Alternate Path To Profit

    American Banker | March 11

    Tack 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.

  • BofA Decision To Eliminate Overdraft Fee Could Have A Ripple Effect

    PaymentsSource | March 10

    Bank 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 consumers–and no doubt regulators–whose angst against big banks has reached a fever pitch in recent months, analysts say.

  • Colorado AG Bans Three Collection Attorneys

    Collections & Credit Risk | March 10

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

  • Barclays Launches Commercial Contactless Debit Cards

    PaymentsSource | March 10

    United-Kingdom-based Barclays Group PLC this week continued its goal to bring contactless technology to the region’s masses as it began issuing commercial contactless debit cards to business customers.

  • Consumer Debt Crept Higher in February: Report

    PaymentsSource | March 10

    U.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.

  • NFinanSe Cuts Prepaid Card ATM And Bill-Payment Fees

    PaymentsSource | March 10

    NFinanSe Inc. today cut ATM-withdrawal and bill-payment fees to promote better cardholder trials and greater cardholder retention.

  • South Korean Agency Calls For Points On Overseas Purchases

    PaymentsSource | March 10

    The 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.

  • Ireland’s WorldNet Debuts Virtual Terminal For IPhones

    PaymentsSource | March 10

    WorldNet, an Ireland-based online payment gateway, says its virtual payment-terminal application released this week for Apple Inc.’s iPhone is the company’s first, and it plans to add chip-and-PIN capability to the software in later versions. [FREE]

  • Allied Banking, China UnionPayCredit Card

    PaymentsSource | March 10

    Allied Banking Corp. has signed an agreement with card company China UnionPay to launch a credit card, the Philippines-based bank announced recently.

  • Thai Banks Get Permission To Shut ATMs During Planned Rally

    PaymentsSource | March 10

    Under a contingency plan announced March 9, Thailand’s commercial banks may immediately halt ATM services in risk-prone areas.

Advertisement

Viewpoints

  • After Words: Acquiring Banks: Another Change

    PaymentsSource | March 4

    In the late 1980s and early 1990s, the commercial banking industry went through a period of great instability. To put this into perspective, 140 banks failed in 2009 while 534 did in 1989.

Departments

Credit

Debit

Processing

Emerging Payments

Merchant Acquiring

Regulation

Risk & Analytics

A Closer Look

Visa and MasterCard Sales Volumes...

...Visa Outpaces MasterCard In Both Credit And Debit Card Spend.

Advertisement

2010 Marketplace Directory

View the 2010 Annual Marketplace Directory
A comprehensive purchasing resource for the payments industry.

Current Issue

Log in to download the PDF
As alternative payment schemes proliferate, some contenders are combining fresh shortcuts to achieve the desired scale with uncommon payment technologies.

Advertisement

My PaymentsSource

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

Advertisement